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How do governments regulate a networked world?

Following on from yesterday’s blog about Little Britain and a hard Brexit, we all know the world has been globalising and, even though there is currently a backlash against globalisation per se, it is unstoppable.  It is unstoppable primarily because of technology.  The whole planet is now on the network.  Seven billion people have access…

Bankers should not be retailers [Wells Fargo]

5,300 Wells Fargo employees have been caught faking customer account openings in order to hit their sales targets. That sounds pretty disgusting doesn’t it, but it’s nothing new.  In fact, we here in old America or, as some call it, Britain, have been living with this for half a decade. During the 2000s, leading up…

Things worth reading: 14th September 2016

Things we’re reading today include … Draghi: EU must redistribute wealth and strengthen borders to save the union Wells Fargo seeks to shore up reputation in wake of scandal UK one of the most unequal countries, says Oxfam Bank of England to buy Apple bonds Bank of England’s Minouche Shafik leaves to run the LSE…

What is a bank?

I was at a conference the other day when the presenter showed this quote from the Wall Street Journal: The question is so simple it seems silly: What is a bank?  Of course you know the answer. A bank pools savings and then allocates that capital. Simple, right? But that’s just the start.  In 2016 a…

Things worth reading: 12th September 2016

Things we’re reading today include … Inside the Bank of England’s vaults: can cash survive? The Square Mile is the envy of the world – and leaving the EU shouldn’t change that EU opens ethics probe into Barroso Goldman job Tech advice drives record turnover at PwC Industry heavyweights put faith in robo-advisers Banks find…

Financial Services Club Season Q4 2016

I don’t often highlight the Financial Services Club’s forthcoming meetings, but felt it worth just noting a few upcoming specials.  Join the Club if you want to come along: Financial Services Club England September 6 Future Applications of the Blockchain Technology – Leanne Kemp, Founder and CEO, Everledger September 20 The Refugee Crisis is also an…

Living on Mars or an Inferno?

I love the predictions of scientists, but they’re often wrong.  The internet has a litany of stupid predictions from IBM’s President saying that there’s a worldwide market for about five computers to The Atlantic predicting that, by the year 2000, we would no longer be engaged in wars. The latest predictions are that, thanks to improvements…

The three sexiest words in FinTech

I recently opened an investment fund for blockchain start-ups in partnership with Life.SREDA, who produce a report on the state of FinTech twice a year.  The latest report, almost 300 pages of analysis, provide more insights of the first half of the year in FinTech [Money of the Future 1H’2016 and Chinese, Korean and Japanese…

Applying Blockchain to Payments

I’ve blogged for over a week about blockchain based developments in Clearing & Settlement and Trade Finance, and will continue for another week talking about the developments in Payments and Digital Identity.  However, at this point, I should clarify that I use the term blockchain as an overall term to describe what is happening.  I…

Six Standout Start-ups Focused Upon Blockchain Clearing and Settlement

After yesterday’s blog generally about blockchain use case implications in Clearing and Settlement markets, here are the six companies I see as being at the forefront of changing the game: Digital Asset, SETL, tO, Clearmatics, Symbiont and itBit. Digital Asset Digital Asset – also known as Digital Asset Holdings (DAH) – is the most notable…

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

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