In this episode, Paolo Sironi sits down with Patrick McConnell, author of “Digital Money: Operational Risks and the Threats to Operational Resilience”. They discuss the far-reaching impacts of emerging types of digital money upon financial institutions’ operational risk and resilience profiles. Many new operational risks could potentially arise as digital money innovations are integrated with existing systems. In addition to helping to manage existing risks, operational risk management (ORM) groups will have to become experts in technology and cryptography. Patrick’s comprehensive analysis of how the digital financial ecosystem is adapting covers: emerging types of digital money, evolving global and instant payments, cryptocurrencies, central bank digital currencies (CBDCs) and stablecoins. They also discuss other financial and technology innovations, such as post-quantum computing.
GUEST SOCIAL MEDIA
Patrick McConnell – https://www.linkedin.com/in/pjmcconnell/
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46:17
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46:17
ROI of Thought Leadership
In this episode, Paolo Sironi sits down with Cindy Anderson and Anthony Marshsall, the authors of the “The ROI of Thoughts Leadership” to discuss how business research can help financial institutions to navigate the thought leadership world and make the best informed business decisions. And it’s a good read for all companies willing to invest in thought leadership but looking for the most compelling rational to build their business case.
GUEST SOCIAL MEDIA
Cindy Anderson – https://www.linkedin.com/in/clwanderson480/
Anthony Marshall – https://www.linkedin.com/in/anthonyejmarshall/
IBM Institute for Business Value
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21:36
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21:36
Banking on (Artificial) Intelligence
There is no lack of hype around artificial intelligence. We have only begun to scratch the surface of what this powerful technology can do. While tech and financial services become more intertwined, cutting through the noise has become more difficult but also more crucial.
In this episode, Paolo Sironi sits down with Theodora Lau, the author of the “Banking on (Artificial) Intelligence” to discuss how AI is poised to advancing innovation, to creating efficiencies, and enhancing productivity while capturing opportunities by both incumbent financial institutions as well as fintechs. But AI also comes with risks and potential for biases and disinformation, that can deepen inequalities and erode trust in our society. Responsible innovation must become part of our DNA and not as an afterthought.
Thodora’s book will help spark dialogue and collaboration as we journey into the future.
GUEST SOCIAL MEDIA
Linkedin Elisa – https://www.linkedin.com/in/theodoralau/
Instagram – @psb_dc
X - @psb_dc
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25:13
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25:13
HBR Guide to Generative AI for Managers
Generative AI is revolutionizing the workplace, but how can managers harness its full potential beyond just automation? In this episode, Paolo Sironi sits down with Elisa Farri and Gabriele Rosani, the authors of the “Harvard Business Review Guide to Generative AI for Managers”. They explore how leaders can use AI as a strategic partner in problem-solving, innovation, and decision-making. They discuss practical applications and real-world case studies about how to leverage AI as a co-thinker to enhance your managerial productivity and business leadership.
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27:56
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27:56
Banking as a Service
Paolo Sironi meets Jason Mikula, author of “Banking as a Service: Opportunities, Challenges and Risks of New Banking Business Models”.
BaaS is a game changer in the financial services sector, radically transforming both how consumers experience financial products and the business models delivering them. In this conversation, Jason cuts through the hype to provide a measured overview of BaaS, helping us to demystify a complex evolving field and understand its key opportunities, challenges and risks. There is a difference between BaaS, embedded finance and open banking. And Jason provides a framework for understanding where BaaS came from, how BaaS changes the economics and business models of banking products and services, its impact on key stakeholders, and its key regulatory implications.
GUEST SOCIAL MEDIA
Linkedin - https://www.linkedin.com/in/jasonmikula/
Twitter - https://x.com/mikulaja
THE BANKERS’ BOOKSHELF is a podcast show inspired by bestselling authors and renowned researchers—the minds behind the books and articles that hold a prominent place in the libraries of curious bankers and fintech entrepreneurs. They challenge corporate culture and redefine technological expectations to unlock a deeper understanding of the banking present and its fintech future. By engaging with these powerful ideas, we empower ourselves to make smarter, more informed business decisions.
New Zealand