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I find it interesting as we move towards Open Banking and Open APIs through regulations at both the UK and EU levels. The push is for data sharing with trusted third parties with user consent. All well and good, you would think, but several surveys point to it not being quite so rosy. The typical…

Following on from talking around the big ten tech themes last Friday, I thought I would follow up with five FinTech themes for right now.  This came out of a keynote speech I gave at Celero’s 9th annual technology conference in Canada last week. It was fun with the CEO, Bob Reczka, kicking off the whole…

I get lots of input from many sources, and one of the ones I like is the innovation survey of banking produced annually by EFMA with Accenture. It also usually proves to be one of the most read items on my blog – here’s the 2015 and 2016 reports – so, as I know you like it…

I find more and more people are starting to understand that digital is a transformation project, not just an adjunct to business as usual. But there needs to be more of them. We can liken most people’s thinking about digital in banking for example, to the thinking within the media when the first digital magazines…

Before 2010, I was writing a lot about technology but it was all heavily geared towards regulations.  It was pretty dull, to be honest, but worthy.  MiFID and PSD were top of mind, along with Basel III and other global, European and domestic regulations.  I wrote a lot about regulations. Then it pivoted at the…

A short time ago, I hosted an interesting group for the Nordic Finance Innovation meetings.  The meeting gathered several of the leading-edge Banking-as-a-Service (BaaS) companies that have launched in the last few years including Bud, Clearbank, Leveris, Saxo Bank and Solaris.  Building on each others narrative it soon became clear that anyone could launch a…

I was talking to a group of Treasury folks and the guy before me gave a pitch about the CFO of the future.  The pitch focused upon how the CFO would be managing risk, incorporating different technologies, managing M&A, dealing with globalisation and so on and so forth.  I couldn’t help but sit there and…

You may be aware that I am a Non-Executive Director of 11:FS. If not, have you not been awake for the past year, and the success the guys are having? Not only have they won some of the biggest digital bank transformation projects in Europe – beating the likes of McKinsey – but also running…

There are lots of reports of robots taking jobs from humans, and our fear for the future world of no work.  One paper from researchers at Oxford University predicts that 47% of American jobs are at “high risk” of computerisation over the next two decades.  Another research report issued in 2015 by McKinsey Global Institute found that…

The Turing test, developed by Alan Turing in 1950, is a test of a machine’s ability to exhibit intelligent behaviour equivalent to, or indistinguishable from, that of a human. Although there had been numerous claims that Eugene Goostman passed the Turing test, that simply is not true. Let us just say that he cheated the test in a lot of ways (further reading). …