Beyond the Future of Financial Services

I have been following the developments of the World Economic Forum’s take on the future of financial services very closely over the last year, a renowned list of contributors from world of payments have had their say.  This has proved to be an intriguing read, insightful, knowledgeable, I would even say influential in my own thinking of where the industry is headed or heading to.

https://www.weforum.org/reports/disruptive-innovation-in-financial-services-a-blueprint-for-digital/

 

Image courtesy of Raconteur

Blockchain Technology – Knowledge Sharing

There doesn’t seem to be a day that goes by without someone talking about Blockchain, I’ve read countless articles, read a plenty of whitepapers produced from the likes of consulting firms, banks and technology solution providers.

I believe there are compelling use cases for Blockchain technology in financial services. That being said though, only time will tell and I have got my own thinking cap on here as to how to best utilize this technology.

I have my own opinions on Bitcoin and the fact that cryptocurrencies which use de-centralized controls are seen as the next big challenger to centralized electronic money and banking systems remains to be seen.

Nevertheless, I believe in knowledge sharing and over the past year and half some key industry players have published some very useful articles on the subject.

Accenture – Accenture Payment Services – Distributed consensus ledgers for payments

Barclays – Blockchain: understanding the potential

DBS – Understanding Blockchain Technology, And What It Means for Your Business

Deloitte – Blockchain: Enigma, Paradox, Opportunity

DTCC – Embracing Disruption: Tapping The Potential Of Distributed Ledgers To Improve The Post-Trade Landscape

ECB – Virtual currency schemes – a further analysis

Goldman Sachs – What if I Told You … the Blockchain Could Disrupt … Everything

IBM & FinExtra – Banking On Blockchain: Charting the Progress Of Distributed Ledger Technology In Financial Services

IMF – Virtual Currencies and Beyond: Initial Considerations

Morgan Stanley – Global Insight: Blockchain in Banking: Disruptive Threat or Tool?

PWC – Blurred lines: How FinTech is shaping Financial Services

Standard Chartered – Blockchain and T2S: A potential disruptor

UBS – Extreme automation and connectivity: The global, regional, and investment implications of the Fourth Industrial Revolution