There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money……

There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money……

There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money……

There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money……

There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money……

Financial institutions are exploring generative AI through their own center of excellence initiatives, pilot programs and internal applications.   However, surrounding the technology “there are more questions than there are answers,” Kris Lazzaretti, senior vice president of data analytics at payments data solution provider Deluxe, told Bank Automation News, noting that the industry is in…

I recently did a workshop with a major bank and asked them to send questions beforehand. This is a great way for me to develop a Q&A stream as they asked me lots of questions. The first big question was: What do banks need to do to be successful in the future? Well, if I……

Things we’re reading today include … DWP asks Universal Credit claimants to supply bank statements for benefit checks – Birmingham Live Lloyds, Halifax and Bank of Scotland banking apps are back online following a two-hour outage | Daily Mail EU cross-border bank mergers pose real risks, Nagel warns – POLITICO The end of LIBOR |……

Citi Ventures is aware and wary of a potential hype cycle relating to AI and aims to avoid investing in overvalued startups.   “The over-hype, under-hype cycle is something that happens continuously, and AI has not been immune to that,” Managing Director Luis Valdich told Bank Automation News. “We try to make investment decisions carefully…

Middle-market businesses are tapping AI and automation to expand their operations in the short term.   Fifty-four percent of small businesses will integrate some form of AI in the next six months, a 10% year-over-year increase from the fourth quarter of 2023, according to KeyBank’s Middle Market Sentiment report, released last week.  Post-pandemic, middle-market businesses had…