The financial technology (fintech) revolution has reshaped the landscape of the banking industry over the past decade. Traditional banks, which once held a dominant position in the financial sector, have had to adapt and evolve to stay relevant in the face of rapidly advancing fintech innovations. This article delves into the transformative impact of fintech …
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How AI and Machine Learning are Transforming the Finance Industry
The finance industry is undergoing a seismic shift, driven by the integration of advanced technologies like artificial intelligence (AI) and machine learning. These technologies are revolutionizing how financial institutions operate, manage risks, and serve their customers. Here’s a deep dive into how AI and machine learning are practically helping the population at large in the …
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The Biggest Challenges Facing Financial Services: Mindset and Metrics
For all of the technical challenges in digitally transforming (DX) financial services, it turns out that human beings are the most formidable puzzle piece of all. That’s because, if you dig deep enough into digital maturity — the end game of transformation — you realize that achieving it requires a radical, almost antithetical shift in …
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A bank financing the 21st century economy must act as an accelerator of the energy transition
Since the international community became acutely aware of the need for urgent action to limit global warming, and 195 countries signed up to the Paris Agreement in 2016, the world has embarked on a process of transition towards low-carbon energy. Switching from a high-energy-consuming economic system to a less energy-intensive, more sustainable model will require a balancing …
AI & Blockchain: An Introduction
At the kind invitation of Rob May and the Botchain team, I had the opportunity recently to keynote Brains and Chains, an interesting conference in New York exploring the intersection of artificial intelligence and blockchain. This is both an exciting and challenging topic, and the goal of my talk was to provide a broad introduction to kick …