Category Archives: The Future of Finance

Bermuda’s real story is not even finance

The most important characteristic of Bermuda that hit me during a recent visit was not the fact that it is a “financial center” (a booking center for the reinsurance industry), but the fact that it was an “island” in every … Continue reading…

Ironically, Apple’s digital credit card just extends life of incumbent banks

Credit: Apple Media

@Apple’s new credit card is just an incremental change that simply reinforces the dominance of banks in the digital finance space.
Behind the Apple digital card is Goldman Sachs Retail. Behind that is MasterCard, and later Visa. Behind those … Continue reading…

All banks destroy fintechs

All banks destroy fintech. The negotiations goes like this:1. Are you cheaper than my salary?2. Can you implement POC really fast?3. Can you do the impossible I have not been able to forever?
The outcome is either:A. Oh good, here is … Continue reading…

Tim Berners-Lee on the future of finance

I had the pleasure of hosting Sir Tim Berners-Lee, the “inventor” of the http protocol that created the world wide web as we know it today, and spending a day and a bit with him over dinner and several sessions. The … Continue reading…

Malaysia’s Dr Zeti and the future of the GST

It was an honour to have Dr Zeti Akhtar Aziz make the overnight flight to Beijing on 23 May to receive the Bill Seidman Lifetime Achievement Award from The Asian Banker despite her tight schedule in the middle of … Continue reading…

Bitcoin is for real

It is my opinion now that the future of Bitcoin is here to stay, notwithstanding the nonsense that some Asian regulators have been mumbling recently, notwithstanding the self serving comments that the rather devious @Jaime Dimon @JPMorgan has been spouting … Continue reading…