Effective, fair and transparent financial systems sit at the heart of the vibrant economies and stable societies. But if the last ten years since the crisis have taught us anything, it’s that the system is still a long way from that ideal.
Today, I attempted to tackle this question at Money 20/20 in Copenhagen, analysing the profound upheaval that I believe the financial services industry will imminently face.
After many years working in banking, I’m convinced that financial services are ripe for transformation driven by new technologies.
I’ve long believed that banks can leverage technological innovation to offer customers much better, faster and cost-efficient services. Today, after much planning, I’m excited to announce that I’m launching a financial technology business that will aim to build that better banking world – 10x Future Technologies.
In this BBC Newsnight video, Antony Jenkins discusses how technology is changing finance - and why banks could disappear in 20 years.