Fintech Disruption?

I have been talking about Moven for a while now on the conference circuit, to an audience that included bankers and investors in fintech. Here are my main talking points, in a more elaborate version than what I say on stage, where time slots are tighter. What is Moven? Moven is a “fintech” “neo-bank” early […]

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Do Cool S*it

I’ve been reading recently an interview with one of the big banks CEO, saying, essentially, that fintech startups have no chance of success, as banks have both the resources and the know-how to change themselves, flawlessly execute their digital transformation plans, and leave all startups eating dust. Of course he is right, as it is […]

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The New Age of Algorithms

I come from an engineering background, for me computers were, for a long time, calculators, a tool to perform either complex calculations, or on large data sets. Otherwise a handheld calculator – standard in my university years – would have been more than enough. Computers were expensive, data entry was a pain, and output was […]

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The Startup Team: 4 + 3 = 1

The days of building something really innovative on your own are long gone. Edison – the prototypical inventor – had a huge lab and many assistants. Steve Jobs led teams of innovators. I have been arguing for a while, in corporate environments and my blog, that no sane company should reward individual contribution/results and settle […]

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Fintech Thoughts

Many years ago, I was working for a large Canadian bank, managing two very different development teams — one using C++ to build a derivatives trading system, and one of Cobol programmers maintaining the bank General Ledger application. While the culture clash was obvious to any observer, nothing reflected it better than the big poster […]

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Moven Moving Forward

I have said many times that competing with banks, trying to disrupt banking through new technologies and new business models has a small chance of success. My theory is that, while some incumbents may be slow and blind, I don’t think it is possible for all incumbents, all banks, the industry as a whole, to […]

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