every bank, every financial institution, every fintech startup using cloud computing services be like “wut?” #fintech #banks #banking #financialservices #capitalmarkets #assetmanagement #payments #cloudcomputing #cybersecurity …see more

‪first let me be clear that i have nothing against the ECB issuing its first CBDC while the IMF mothballs its crypto SDR plans.‬

‪crypto & defi have failed to change the financial services innovation narrative, mainly because that ecosystem has been overtaken by rank financialization & financial engineering‬ ‪chinese big tech cannot change that narrative because China, different planet, different rules‬. ‪to date US big tech has influenced that narrative at the margin. not making a real dent. choosing to partner rather than attac‬k. ‪all bets are off with one on-going narrative & one announcement.‬ ‪on-going narrative: advertising as a profitable model is under attack (privacy baby)‬ ‪announcement: identity as a service from Apple ‪both will have profound implications for the financial services industry and for innovation thereein‬. #fintech #change #digital #privacy #china #financialservices #banking …see more

the more trusted a corporation is, the more value it can create for itself & for its users. overall trust is the combination of trust components across the value chain. for Apple: trust in App Store + trust in hardware +trust in software + trust in privacy = overall trust. (high for all three components) for a bank?: trust in checking account safety/security + trust in lending service/prod + trust in savings prod. = overall trust. (high for checking account only) feel free to recreate your own version of my bank example. for a cryptocurrency or a cryptoasset: what would be the components of trust one should use? …see more

old & tired enough to remember when digital challenger bank concepts were new and refreshing. nothing against youtrip per se, but a refresh of the model or a different angle of dev would be welcomed. …see more

how long until prime brokerage businesses make a come back with a crypto wrapper? https://lnkd.in/eSR6S5U

There are two basic camps in the world of marketing: numbers camp and pretty pictures camp. I live in both camps, and you should too. Think about this...

A new study finds evidence of significant post-traumatic growth. Being forced to slow down during the pandemic has given some people a greater appreciation for life’s small pleasures and an opportunity to reconsider what’s truly important. …see more

French Open champion Iga Swiatek’s mental coach has an unusual approach: she prioritizes gratitude, human relationships and personal growth as a path to winning.

the part of the global financial system controlled by China will retain the $ as its reserve currency. <said no one ever>

real time & accurate regulatory oversight (input, analysis, output) cannot come soon enough in financial services.

the difference between public restrooms and stupidity is that the former at capacity only accepts one person in when one person exits, while the latter never reaches capacity.

‪real bank risk: large depositors runs (not small depositors runs) + APIs + open banking + fast payment systems ‬

Here’s a nice summary of the key areas you can address to make the final stages of the pandemic as mentally smooth as possible.

old financial bubbles: human exuberance + unethical use of math concepts. new financial bubbles: human exuberance + unethical use of code, AI, APIs, cloud computing.

the central banker AI Olympics proposal: a contest where teams will be invited to submit AI programs that can perform simple observational, analytical and decision-making jobs at a level comparable to the performance of existing central bankers in activity. the goal is to replicate the performance of a central banker under a given set of circumstances. <saturday morning fun musings> …see more

tabu is sacred and highly spiritual and a cultural exchange. probably the only currency that is sacred and spiritual in the world. c-bankers & crypto geeks please take note. #money #digitalmoney #cash #cryptocurrencies #payments …see more

“I made a recipe with six leeks that called for two. Who says I don’t know how to have a good time?” This pandemic vignette packs quite a primal punch.

It helps you: - avoid heart disease and infection - look confident - boost your bottom line What is it? 😆 …see more

sure, technology will help. believing it is a technology issue is a grievous mistake tho. #banking #fintech #AML #KYC #AI