Simon Brightman

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AI & ML Fintech

AI-bank of the future: Can banks meet the AI challenge? (McKinsey.com)

Posted on Author Simon Brightman

Artificial intelligence technologies are increasingly integral to the world we live in, and banks need to deploy these technologies at scale to remain relevant. Success requires a holistic transformation spanning multiple layers of the organization. In 2016, AlphaGo, a machine, defeated 18-time world champion Lee Sedol at the game of Go, a complex board game requiring […]
Fintech Global Open Banking UK

THE MONETIZATION OF OPEN BANKING: How legacy institutions can use open banking to develop new revenue streams, reach more customers, and avoid losing out to neobanks and fintechs (Mekebeb Tesfaye, businessinsider.in)

Posted on Author Simon Brightman

Open banking has arrived, and it’s transforming the UK’s banking landscape – next up could be the world. Regulatory efforts in the UK are transforming retail banking, reshaping incumbents’ relationships with customers, and easing entry for fintechs. Regulators across every continent are responding with actions of their own. Underpinning open banking initiatives is the idea […]
AI & ML Fintech

AI-Driven Disruption And Transformation: New Business Segments To Novel Market Opportunities (Sameer Dhanrajani, Forbes.com)

Posted on Author Simon Brightman

There’s little doubt that Artificial Intelligence (AI) is driving the decisive strategic elements in multiple industries, and algorithms are sitting at the core of every business model and in the enterprise DNA. Conventional wisdom, based on no small amount of research, holds that the rise of AI will usher radical, disruptive changes in the incumbent […]

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