• What’s the main challenge for Fintechs and banks to work together?

    Last Thursday, I had the pleasure to co-chair the BBA Fintech Conference with the immensely knowledgeable Imran Gulanmhuseinwala. It’s the second time in a week that I attend a conference with two regulators (loosely speaking…) presenting their views. This time, it was the Bank of England and the FCA, the previous week, it was the French(…)

  • Why Fintech has made finance courses obsolete

    Finance is changing at a dramatic pace – from robo-advisors to Artificial Intelligence, from big data to blockchain -, but many universities have barely adapted their finance courses, and include no reference to technology or innovation. As a Managing Director in a US bank, I saw many young graduates who felt very lost because their jobs(…)

  • Can France be big in Fintech?

    For the last few years, there has been a huge competition for the title of “Fintech capital of the world”. My view was that London had an ideal combination of 1) ecosystem, 2) talents, 3) Fintech-friendly regulator and 4) political willingness to support entrepreneurship. Which made it the most active Fintech place in the world, well(…)

  • Launch of The Disruptive Group!

    As you might have noticed, Disruptive Finance was a bit quiet during the summer months… It was a good time to take a (well-deserved?) break, but also to work on the launch of The Disruptive Group. Today is TDG’s launch, so we’re back in business! If you’ve been craving Disruptive Finance (!), rejoice because I’ll start posting(…)

  • Alibaba now 3rd largest money market fund in the world

    Almost 2 years ago, I wrote about the incredible rise of Yue Bao, Alibaba’s money market fund (Can a disruptor grow 10x faster than an incumbent?).  At that time, the numbers were as follows: Whereas it had taken 10/15 years for Vanguard, Fidelity and JP Morgan to reach $100bn under management, it only took 9(…)

  • Guess what is the top finance app?

    Let’s see if you know the answer… Between two companies from traditional finance (Chase and Amex), 2 pure Fintech (Credit Karma and Venmo), and an old Fintech (Paypal), which app is the most downloaded in the US? Click, then scroll down for the answer… You’ll see what everybody else thinks once you’ve clicked. S C R O L L(…)

  • How will Artificial Intelligence impact finance?

    “AI and machine learning will undoubtedly alter both the headcount and the nature of skills required in the industry. A significant minority of survey respondents fear the effects on the workforce will be negative within the next few years. But wholesale displacement of humans is for the longer term – nearly seven in ten believe AI will bring complete or substantial change to their own jobs over the next 15 years. Even in trading, where automation is already widespread, human roles will remain critical in areas such as algorithm validation and monitoring, as well as compliance. At this point, few believe machine learning models can or should drive financial-market operations completely independently of human control….”

What’s the main challenge for Fintechs and banks to work together?

What’s the main challenge for Fintechs and banks to work together?

Last Thursday, I had the pleasure to co-chair the BBA Fintech Conference with the immensely knowledgeable Imran Gulanmhuseinwala. It’s the second time in a week that I attend a conference with two regulators (loosely speaking…) presenting their views. This time, it was the Bank of England and the FCA, the previous week, it was the French(…)

Why Fintech has made finance courses obsolete

Why Fintech has made finance courses obsolete

Finance is changing at a dramatic pace – from robo-advisors to Artificial Intelligence, from big data to blockchain -, but many universities have barely adapted their finance courses, and include no reference to technology or innovation. As a Managing Director in a US bank, I saw many young graduates who felt very lost because their jobs(…)

Can France be big in Fintech?

Can France be big in Fintech?

For the last few years, there has been a huge competition for the title of “Fintech capital of the world”. My view was that London had an ideal combination of 1) ecosystem, 2) talents, 3) Fintech-friendly regulator and 4) political willingness to support entrepreneurship. Which made it the most active Fintech place in the world, well(…)

Launch of The Disruptive Group!

Launch of The Disruptive Group!

As you might have noticed, Disruptive Finance was a bit quiet during the summer months… It was a good time to take a (well-deserved?) break, but also to work on the launch of The Disruptive Group. Today is TDG’s launch, so we’re back in business! If you’ve been craving Disruptive Finance (!), rejoice because I’ll start posting(…)

Alibaba now 3rd largest money market fund in the world

Alibaba now 3rd largest money market fund in the world

Almost 2 years ago, I wrote about the incredible rise of Yue Bao, Alibaba’s money market fund (Can a disruptor grow 10x faster than an incumbent?).  At that time, the numbers were as follows: Whereas it had taken 10/15 years for Vanguard, Fidelity and JP Morgan to reach $100bn under management, it only took 9(…)

Guess what is the top finance app?

Guess what is the top finance app?

Let’s see if you know the answer… Between two companies from traditional finance (Chase and Amex), 2 pure Fintech (Credit Karma and Venmo), and an old Fintech (Paypal), which app is the most downloaded in the US? Click, then scroll down for the answer… You’ll see what everybody else thinks once you’ve clicked. S C R O L L(…)

How will Artificial Intelligence impact finance?

How will Artificial Intelligence impact finance?

“AI and machine learning will undoubtedly alter both the headcount and the nature of skills required in the industry. A significant minority of survey respondents fear the effects on the workforce will be negative within the next few years. But wholesale displacement of humans is for the longer term – nearly seven in ten believe AI will bring complete or substantial change to their own jobs over the next 15 years. Even in trading, where automation is already widespread, human roles will remain critical in areas such as algorithm validation and monitoring, as well as compliance. At this point, few believe machine learning models can or should drive financial-market operations completely independently of human control….”

Oxford University launches Fintech lectures

Oxford University launches Fintech lectures

Over the last year, we have seen Fintech courses and lectures started at different universities around the world. For example, MIT launched a graduate course on Fintech, Wharton launched a series of Fintech lectures, Hong Kong University launched a Fintech course, Vlerick Business School launched a 3-week Fintech bootcamp, and many other ones*… Oxford Said Business(…)

How Fintech is forcing banking to a tipping point [Citi report]

How Fintech is forcing banking to a tipping point [Citi report]

With advances in technology, the relationship that customers have with their bank and with their finances has changed. Customers rely less and less on walking into a branch for their banking needs, and instead have digital options to help them —ATMs, on-line chat, mobile phones, and Internet banking. So far these have been seen more as additive to a customer’s banking experience but when do we go over the digital disruption tipping point and see a change in the fundamental banking business?

Why “different” is better than “better” in Fintech

Why “different” is better than “better” in Fintech

I had the pleasure to speak at Imperial College a few weeks ago, as part of their programme called “Suits in the Garage” (It was a very appropriate name indeed since I usually wear a suit, and started as an entrepreneur working on top of a garage – although most young entrepreneurs based at WeWork or Level39(…)