Ant Group regenerates its systems architecture around every three or four years to serve more than a billion customers. The sheer ability to deliver banking systems at such a scale is mind-blowing.
Latest articles from Chris Skinner
Why banks are not tech firms
November 21, 2023While banks are producing quite good results, mainly on the back of rising interest rates, why is this not being reflected in their market valuations?
What will Basel V bring to the industry?
October 26, 2023While the Basel IV rules are focused on risk-weighted assets and how capital is allocated, already the industry is looking to the next iteration which will most likely seek to enable real-time monitoring and oversight.
Forget cashless – cash is the only payment system that works
September 14, 2023Despite a significant uptick in digital payment methods, cash stubbornly refuses to die and is unlikely to disappear in the foreseeable future.
What is the future of financial education?
August 25, 2023To be truly financially included, one needs to have a general understanding of how the financial system works. But should the next generation be learning about the existing system – or the emerging alternative?
Will the new generation change banking?
August 4, 2023The millennial generation will bring innovative ideas and approaches to the senior leadership table. But will that be enough to transform banks?
AI should augment the human and automate the mundane
June 23, 2023Generative AI can be a useful tool to personalise and enhance the customer experience, but it can also be a weapon with which to gain unfair advantage in the markets.
A world of opportunity is out there
May 24, 2023It’s time to look beyond the doom and gloom headlines, as the companies that come out of this crisis will be stronger, better and more reliable.
Can banks meet the needs of government and the people?
April 21, 2023The libertarian idea of decentralisation and using the power of the internet to create a better financial system may be gaining traction, but will it solve the crises inherent in economic cycles?
The embedded, invisible, intelligent bank
March 23, 2023When a bank disappears from sight, can it still exist as a bank? The short answer is yes, in an invisible finance world.