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The Finanser’s Week: 15th July – 21st July 2024

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This week’s main blog discussions include …

The CrowdStrike issue and its impact on Microsoft

I was talking with my 8 year-old son and said that the whole world had just stopped. He asked what do you mean? I replied that everything stopped. Airlines, banks, shops, trains, hospitals and more. He asked what happened? I said that an update from a company to the core of the computer systems of…

What’s hot in AI?

I blogged the other day about what’s hot and what’s not in fintech, but what about what’s hot and what’s not in AI? Equally, as I also blogged, AI is not one thing. It’s a million use cases which are all different. So, what are hot use cases for AI? Well, luckily, Allie Garfinle on Forbes, has surveyed…

It’s not Sex and the City … it’s AI and the Citi

I sometimes think I’ve been sleeping when I discover a treasure trove of documents produced by a major global bank that completely passed me by, so I was delighted to discover these documents from Citibank: Citi GPS: AI in Finance: Bot, Bank & Beyond Artificial Intelligence in Finance: Opportunities & Risks AI Time: Future AI…

We are in a Strategic Inflection Point … have you got that?

I’m sure you’ve all noticed that artificial intelligence (AI) is the big news of the last year, but have you been watching Nvidia, the chip maker that drives AI? It’s now bigger than Intel and about to exceed Microsoft and Apple in market valuation. Here’s an analyst’s view from Barrons: Nvidia Has More Than Doubled…

Every country in the world is being transformed by fintech

I travel the world a lot and am amazed about the wave of changes technology has introduced into banking. In almost every country I visit, fintech has grown from an ember to a burner, and almost every country is being transformed. From Taiwan to Timbuktu, everything is changing. Therefore, just to give one more example…

Stripe strikes

There’s been a lot of activity around Stripe this week, who are now valued at $70 billion (slightly down from 2021 but up from 2023). Stripe’s valuation has edged up to $70 billion as Sequoia Capital offers to buy shares from its investors looking to cash out of the fintech that helps merchants process customer payments. Source: Marcel…

 

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Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...

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