Published inFinTech Summary·Oct 4, 2017TestingBlockchain the most overhyped, least understood and most disruptive technologies of our time In our last newsletter, we covered some of the arguments about what a blockchain is, the differences between private or consortium-based ‘distributed ledgers,’ and open, public blockchain ecosystems, and why this distinction matters. …3 min read3 min read
Published inFinTech Summary·Oct 4, 2017FinTech Summary — Issue 102Blockchain the most overhyped, least understood and most disruptive technologies of our time In our last newsletter, we covered some of the arguments about what a blockchain is, the differences between private or consortium-based ‘distributed ledgers,’ and open, public blockchain ecosystems, and why this distinction matters. …3 min read3 min read
Published inFinTech Summary·Jul 9, 2017The Crypto sector — the biggest challenge and what the smartest people are thinking about itSo by now, I think we all have heard of the blockchain, ethereum, bitcoin also known as the ‘crypto’ industry. It is growing big. It will grow even bigger, however, like with any growth story, there are crucial challenges that have to be overcome. One particular challenge is scaling. …Blockchain3 min readBlockchain3 min read
Published inFinTech Summary·Jun 25, 2017Deep-dive into the world of AI from a FinTech LensAI has reached has finally reached its tipping point. “The technology has finally reached its tipping point, AI, and its close relative machine learning, have taken a variety of industries by storm, bringing self-driving Ubers to the streets of San Francisco (and then carting them away); robotic vacuum cleaners to…AI3 min readAI3 min read
Published inFinTech Summary·Jun 17, 2017Second and third level consequences of crypto-revolution — do we know what they are?Cryptocurrency is becoming somewhat of a hot buzzword these days, however, I think it can go beyond the buzz and add real value (see the summaries below). There are many industries that it will impact directly, one great example would be law or peer-to-peer (P2P) industry. However, one thing we…Cryptocurrency4 min readCryptocurrency4 min read
Published inFinTech Summary·Jun 4, 2017When your house starts to fade…It’s hard for big companies to innovate incrementally because the process often feels slow and, nearly, meaningless. There are no ‘big wins’, at least not done quickly. Repainting your house the same color it already was feels like a waste. It’s a lot of effort merely to keep things as…Digital Banking3 min readDigital Banking3 min read
Published inFinTech Summary·May 24, 2017Why changing is so difficult? | FinTech Summary 84It’s very difficult for banks to change. There are many external factors to overcome — regulation, customer expectations, competition, internal complexity. However, the biggest factor is the mindset. Lack of leadership belief is the biggest break in the process. The reason it’s difficult to learn something new is that it…Banking3 min readBanking3 min read
Published inFinTech Summary·May 17, 2017Asking the right questions; AI-first banking; open banking and frictionless banking; Blockchain regulation done right — FinTech Summary 83Ever increasing quantity of data provides us with more and more options to drive new insights. Companies are jumping on the big data bandwagon and, rightly so, trying to find new ways to improve their services and offerings. …Banking4 min readBanking4 min read
Published inFinTech Summary·May 10, 2017Barclays the blockbuster of finance, insurtech innovation, how to compete with fintech, the real number of unicorns — FinTech Summary 82Fintech won’t challenge us. Jess Staley, CEO of Barclays, sees technology as driving globalisation and changing banking, but says there’ll always be a Barclays.Banking4 min readBanking4 min read
Published inFinTech Summary·May 3, 2017Incentivising purpose in banking, gig economy and insurtech, banking revolution, American banking — FinTech Summary 81The revolution that fintech has started has a significant impact on the way we will live our lives. From how we pay for our coffee to what kind of retirement we will get. However, these are only the first-order consequences of fintech revolution. There will, surely, be the second and…Fintech4 min readFintech4 min read
