Chris is an independent commentator on financial services. He chairs the Financial Services Club, a European networking group that enables discussion between members and regulators, practitioners and futurists. At The Finanser, he assists clients as an advisor, as well as sometimes being commissioned to write or speak on their behalf at conferences and tradeshows. He is the author of Digital Bank and ValueWeb.
Bankers have many things to worry about but being ‘disrupted’ by alternative industries is not one of them. Reason: too much regulation.
While digital banking attracts the most affluent and financially confident customers, there will always be a role for the physical branch.
Banks that hire thousands of developers to maintain aging legacy systems are not fit to compete in the digital age.
Far from being just a passing fad, Bitcoin has the potential to destroy banking, money and regulation as we know it.
In a digital age, computer programmers and coders are the new royalty of banking.
Bankers may dismiss digital currencies like Bitcoin as a serious challenge, but what if this is the disruptive threat that goes mainstream?