The top financial industry conferences are drawing to a close, with the penultimate Sibos day and last Money20/20 day. Money20/20 seemed to be quieter, maybe folks partied too hard before heading home..? While Sibos seemed to be in full flow. Here are some of my key takeaways:
Sibos 2018 – Regulation and New Technology
Quote of the day…
The love hate relationship with data, i love to see yours, hate it when you see mine – Tim Lind
Cryptocurrency and Regulation
“The decentralized and global distributed nature of cryptocurrencies poses a significant challenge to regulation and may open up markets” @uwanews #Sibos
— SWIFT (@swiftcommunity) 24 October 2018
The Power of AI
Ant Financial shares AI tech with banks to reduce micro loan approvals from 2 days to 10 sec #Sibos2018 #futureofmoney pic.twitter.com/6u1Ux6PiJ5
— Dilip Rao (@diliprao) 23 October 2018
Heard this about Blockchain too many times
“The underlying technology – blockchain – may change and disrupt the banking and finance as we know it” @UTS_Business #Sibos @SWIFTInstitute
— SWIFT (@swiftcommunity) 24 October 2018
Lesson of the Day: Ask for Forgiveness, not Permission
Disruption in the payments landscape: Unfortunately regulation tends to lag behind new solutions – seat belts were invented well after the car. It is a real conundrum in an industry like payments. @LeilaFourie @AusPayNet #Sibos 2018 Sydney pic.twitter.com/tIwH0DaPTW
— Sibos (@Sibos) 24 October 2018
Money20/20 – What Happens in Vegas, Stays in Vegas
Crypto & Blockchain – Recognition these will be the Fundamental Rails on which Value Moves – Adam Ludwin
Meet the co-founders of Interstellar sharing their vision on how assets of all kinds can be tokenized and transferred seamlessly over the internet. @JedMcCaleb @adamludwin @chain #money2020 pic.twitter.com/4evepZDud3
— Money20/20 (@money2020) 24 October 2018
Sometimes Tech can Feel like This
Is Banking Prepared to Embrace Change, Take Risks and Disrupt Themselves?@money2020 #money2020 #banking #DigitalTransformation pic.twitter.com/zchhq1X8tw
— Jim Marous (@JimMarous) 24 October 2018
The 11:FS Crew had a Blast
Well, @money2020. It’s been fun. It’s been F’in great. It’s been a solid 11/10.
Don’t forget, if you loved what we are doing, subscribe to the @FinTechInsiders podcast, and take us with you wherever you go! https://t.co/jbYv1lYQra
– The 11:FS Team. #m2020 #Money2020 pic.twitter.com/MvwHUr5LLa
— 11:FS (@11FSTeam) 24 October 2018