General Fintech

Liability

Liability with Bitcoins: Is the core risk really still too high?

  Liability protection regarding cryptos was one theme that was being discussed in cryptocurrency circles in July when I had a conversation with a crypto expert. Nevertheless, it’s going on to 6 months and nothing seems to be happening on that front. Blockchain and Bitcoin (Litecoin, Ripple, and the list will definitely increase) are now mainstream. However, the one conversation… Read more →

Technology

Why are banks “trying to shapeshift” into technology companies?

Technology in Fintech 1.0 and disruption made banks stop and take notice but Fintech 2.0 is all about letting banks in and allowing them to have a stake in the space. However, during Fintech 1.0 a lot of banks were forced to make what most in the industry saw as knee-jerk decisions, adopting questionable strategies. Most banks are still following… Read more →

Cynical Banks

Are banks cynical about the Fintech Revolution?

Last week I read a very interesting article on the outlook and future of Fintech. Interesting in that it had a very cynical tone from an executive with an extensive banking and banking technology background. The executive goes on to recall the banking technological advances since the 80s: PC, Dial-up Modem, the first ATMs, EFT (Electronic Funds Transfer), EDI (Electronic… Read more →