Category: FinTech

  • Forget Return on Investment … focus on Return on Innovation

    I stumbled across this clip the other day of Jeff Bezos on The Tonight Show twenty-five years ago. Jay Leno asks him how the company can be worth billions when it consistently makes losses. Jeff Bezos laughs along but then says: “we are a famously unprofitable company, but we are investing in the future”. We……

  • Forget Return on Investment … focus on Return on Innovation

    I stumbled across this clip the other day of Jeff Bezos on The Tonight Show twenty-five years ago. Jay Leno asks him how the company can be worth billions when it consistently makes losses. Jeff Bezos laughs along but then says: “we are a famously unprofitable company, but we are investing in the future”. We……

  • Forget Return on Investment … focus on Return on Innovation

    I stumbled across this clip the other day of Jeff Bezos on The Tonight Show twenty-five years ago. Jay Leno asks him how the company can be worth billions when it consistently makes losses. Jeff Bezos laughs along but then says: “we are a famously unprofitable company, but we are investing in the future”. We……

  • Forget Return on Investment … focus on Return on Innovation

    I stumbled across this clip the other day of Jeff Bezos on The Tonight Show twenty-five years ago. Jay Leno asks him how the company can be worth billions when it consistently makes losses. Jeff Bezos laughs along but then says: “we are a famously unprofitable company, but we are investing in the future”. We……

  • Forget Return on Investment … focus on Return on Innovation

    I stumbled across this clip the other day of Jeff Bezos on The Tonight Show twenty-five years ago. Jay Leno asks him how the company can be worth billions when it consistently makes losses. Jeff Bezos laughs along but then says: “we are a famously unprofitable company, but we are investing in the future”. We……

  • What does Trump’s victory mean for banks, tech, fintech and the future?

    Unsurprisingly, after a major election that will influence the Western world, the election of Donald Trump resulted in a flood of PR releases and contacts to tell me how this will influence the economy, Europe and the world. Some even got more specific, talking about how it will change fintech and cryptocurrencies. Let’s take a……

  • Things worth reading: 8th November 2024

    Things we’re reading today include … Detroit to Accept Cryptocurrency for Taxes and Fees by 2025 Transforming to an AI-powered finance function | McKinsey Allica Bank Retains Spot at Top of the Deloitte UK Tech Fast 50 Ranking COP29 should create clear policy roadmap to spur bank lending for renewable energy | IEEFA Visa Backs……

  • The European Payments Vision: United by Wallets

    Building on my blog the other day about BLIK (the Polish digital wallet), I just got two really insightful pieces of analysis on European payments – talking of a payments vision – from PWC in a report on Europe’s open banking vision and Jeremy Light, a good friend formerly of Accenture, on EU wallets. Here’s the……

  • How AI can transform the finance function

    Last week, McKinsey released their latest podcast and the title caught my eye: Transforming to an AI-powered finance function It’s a really interesting chat between OpenAI CFO Sarah Friar and McKinsey senior partner Lareina Yee on the podcast At the Edge. Listening to it (and there’s also a transcript), here are a few highlights of Sarah’s thoughts,……

  • Things worth reading: 11th November 2024

    Things we’re reading today include … Bitcoin tops record $80,000 as Trump nears sweep of US Congress – BBC News Crypto firms including Robinhood, Kraken launch global stablecoin network | Reuters Treasury weighs sanctions on cryptocurrency tied to Howard Lutnick – The Washington Post Central Bank Digital Currency: Progress And Further Considerations Banking chaos as……