📣 Thrilled to be featured in today’s Top Story on Professional Wealth Management (PWM), sharing some of my thoughts and insights on what the future of banking may hold.

“Too many so-called current “transformation” projects involve digitalising previously automated processes, rather than real innovation. “Automating 20th century processes is not an innovation strategy,” stresses author and futurist Amelia Kallman, calling for “reinvention” of business models, rather than tinkering around the edges.

“The future of finance won’t be built on faster apps or sleeker dashboards — it will be built on autonomous decision engines, trustless transactions, and AI agents that can act, negotiate, and optimise in real time without human input,” says Ms Kallman.

The type of private bank she describes for the middle reaches of the 21st century is very different from the models which most global players are developing today. “In the future, the most valuable financial institution may not be a bank, but an AI-native start-up with no branches, no legacy systems and no human advisers,” she says.”

Read more here: https://www.pwmnet.com/largest-private-banks-seek-to-strike-digital-gold