Category: FinTech

  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

  • Do we need banks?

    I was having a candid chat with a banking friend about life, the world and money, and he asked me a series of questions: How do we change culture to meet today’s fast-moving changes? How can we be more agile? How important are partnerships? Can we work with FinTechs? How will we work with them?……

  • Banks are not stupid … just massively challenged

    I talk a lot about the platform economy where the network joins us all together. In that economy, like life on Earth, there are many players. 1000’s of companies, millions of people and billions of capital. The question is: how to connect them? The answer is to be a connector in the connected economy, and……

  • Things worth reading: 27th May 2024

    Things we’re reading today include … Synapse, backed by a16z, has collapsed, and 10 million consumers could be hurt | TechCrunch BNPL Regulation Grabs Headlines as FinTech IPO Index Slips (pymnts.com) Fall in bank bonuses blows a hole in the Government’s finances (telegraph.co.uk) Starling investor targets £10bn valuation for digital lender (ft.com) Coventry Building Society……

  • The Finanser’s Week: 20th May – 26th May 2024

    This week’s main blog discussions include … Is this the bank that JK Rowling based Gringotts on? I found a great interview the other day with Bella Hoare, a partner and director at the world’s oldest privately owned bank, C Hoare and Co. The bank has been run by the Hoare family for 12 generations,……

  • FedNow, RTP interoperability is inevitable — down the line

    The Clearing House’s Real Time Payments network and The Federal Reserve’s FedNow network are prepared to tackle interoperability eventually — but for now, its value remains minimal.  The Real Time Payments (RTP) network has completed 750 million transactions since its launch in 2017, although network growth didn’t start to tick up until 2021, Jim Colassano,…

  • Inside look: Synchrony’s AI training strategy

    Synchrony Financial is investing in training its employees on emerging technology, with a focus on AI and automation.  Training options include “technology certifications mapped to critical skills in areas like cybersecurity, software engineering and UX design,” Tim Christensen, senior vice president of product, digital, innovation and AI at Synchrony, told Bank Automation News. The $117…

  • Banks are not stupid … just massively challenged

    I talk a lot about the platform economy where the network joins us all together. In that economy, like life on Earth, there are many players. 1000’s of companies, millions of people and billions of capital. The question is: how to connect them? The answer is to be a connector in the connected economy, and……

  • Banks are not stupid … just massively challenged

    I talk a lot about the platform economy where the network joins us all together. In that economy, like life on Earth, there are many players. 1000’s of companies, millions of people and billions of capital. The question is: how to connect them? The answer is to be a connector in the connected economy, and……

  • Banks are not stupid … just massively challenged

    I talk a lot about the platform economy where the network joins us all together. In that economy, like life on Earth, there are many players. 1000’s of companies, millions of people and billions of capital. The question is: how to connect them? The answer is to be a connector in the connected economy, and……