The Bermuda Triangle: poor financial knowledge

The good news first: Germans are putting their money away for a rainy day again. While they saved EUR 9 on average out of EUR 100 in 2013, it was already EUR 9.70 in 2016 with a continuing upward trend, as the Federal Statistical Office’s calculations for the first quarter of 2017 show. Germans are […]

Collaboration in the Cloud – A Unified Theory

In the first article of this series, I posited that a meaningful strategy for accomplishing collaborative work in the cloud can only be achieved by thinking more holistically than has traditionally been the case. The reality is that work collaboration that drives competitive advantage is a multi-faceted endeavor. It requires the adoption of multiple best-of-breed […]

Blockchain for Business Series: Understanding Business and Technological Design Imperatives of Central Bank Digital Currency (CBDC)

Introduction: What is Central Bank Digital Currency (CBDC) and Why Is It Important? In this post we plan to expend some time and energy in understanding Central Bank Digital Currency or CBDC. While the notion of “Central Banks” implies centralized control and governance structure the term itself may be against the doctrine of decentralization which lays […]

Should a retail #CBDC infrastructure be based on #DLT or conventional technology? And should it involve digital #tokens inspired by #cryptocurrencies?

The below graph maps out the possible combinations.  Conventional database often achieve hashtag#resilience by storing data over multiple physical nodes, but all are controlled by a top node. By contrast, in many DLT-based systems, the ledger is jointly managed by all nodes. The communication needed to achieve hashtag#consensus between these nodes is the main reason […]

Real World Examples of How Artificial Intelligence Is Being Used In Financial Services

In last few years, Artificial Intelligence has made the transition from a research topic to the early stages of enterprise adoption. From voice-powered personal assistants like Siri and Alexa, a robot that defeats a world-renowned player, to a car that can parallel park itself, there are several examples of artificial intelligence in use today. But in several industries, much of […]

The Biggest Challenges Facing Financial Services: Mindset and Metrics

For all of the technical challenges in digitally transforming (DX) financial services, it turns out that human beings are the most formidable puzzle piece of all. That’s because, if you dig deep enough into digital maturity — the end game of transformation — you realize that achieving it requires a radical, almost antithetical shift in […]

Quote to Cash – Real Time Enablement

Quote to Cash (Q2C) is the most important business process covering the end to end process in sales lifecycle. Transportation of Q2C for digitalization is the best way to keep this lifecycle fast, real-time and accurate. When it comes to your sales cycle, speed is of the essence. Being able to act and respond quickly […]

A College Grad’s Biggest “Adulting” Challenge: Managing Money

I am not a financial expert nor a certified financial advisor, so please take this article as sheer anecdotal evidence. These are the resources I used to get out of debt and manage my finances. What works for me will be completely different for you. You’re the only one responsible for your financial education Managing […]

Making Data-Driven Financial Decisions for your Business with Accounts Payable Automation

Does your accounting team fill a strategic role at your company? From a survey of business leaders in the UK, over one-third (34%) of those surveyed feel that their accounting departments are undervalued and underutilized. At the same time, 82% of CFOs are keen to adopt cloud applications as a way to move their businesses forward into […]

A blockchain explanation your parents could understand

It’s happening in an increasingly frequent manner: “Jamie, explain this blockchain stuff to me. I’ve read a bunch of articles and I’m no wiser.” The problem with most blockchain explainers is that they provide more detail than what matters to most people, using language that is foreign to most people, which winds up leaving people […]