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By 2040 most financial institutions may be run by robots. Yesterday I entered on the web of my "digital" bank. I have €10,000 in my bank account. As I open the system it offers me an automat...
Can you imagine the reaction of a bank employee if one morning he reads this headline? In the spring of 2010 I polled the students of the Master of Finance about how many of them would rather work fo...
Banks must lower their services cost to at least 10% of their current cost. 3D printers cost $40,000 in 2007, $100 in 2016. Drones cost $100,000 in 2007, versus $100 in 2016. Knowing the sequence of t...
In the following 5 years banks may lose 50% of their business. I don’t think I’m exaggerating when I say in 5 years banks will lose 50% of their business. I am pretty sure that the major banks handl