(image from Michell Zappa with permission)
One of the most rewarding professional experiences I have had so far is being a speaker at Swift’s banking industry conference Sibos. Every year Swift coordinates the premier conference on The Future of Money. They have been doing this since 1978 with 300 participants.
Today in Singapore there are over 7000 people from 140 countries discussing crypto-currency, financial technology called #fintech, and the future of banking. A small group of innovators inside of Swift called Innotribe are working to bring the most provocative voices in innovation to center stage providing fresh air to an industry that is moving towards a refreshed relevance. People will always need banking, they will not always need banks.
I am writing this post on the future of money to celebrate people I’ve been lucky enough to meet through Peter Vander Auwera @petervan who is the primary concept designer for the Innotribe portion of Sibos. This year’s platform was incredibly dynamic.
Here are people shaping the future of money that you should know:
Andrew Keen is one of the world’s best-known and controversial commentators on the digital revolution.He is the author of three books: Cult of the Amateur, Digital Vertigo and his current international hit The Internet Is Not The Answer which the London Sunday Times acclaimed as a “powerful, frightening read” and the Washington Post called “an enormously useful primer for those of us concerned that online life isn’t as shiny as our digital avatars would like us to believe”.
Haydn Shaughnessy is an expert on disruption and platform requirements for competitive adaptation. A very important white paper written for Sibos most recently is a must read: The Platform for Disruption How China’s FinTech Will Change How the World Thinks About Banking.
Michell Zappa is a futurist and emerging technology expert. His company research Envisioning has written a robust anthology of the technological future of money. While it takes several sleep cycles to comprehend it is an important read for anyone in the api landscape.
Chris Skinner author of The Digital Bank is working very hard across the globe to help bridge the digital divide in the banking industry. He specializes in helping traditional banks become better enabled for globalization and millennial participation. This seems a useful place to also add the 25 most innovative banks.
Christine Duhaime founder of Digital Finance Institute and Sam Maule of Carlisle & Gallagher Consulting Group have become rigorous in their focus on women in the financial technology landscape. There will be a billion women entering the workforce within the next decade and the entire economic landscape will change.
Ben Bledsoe reminds us that no story of money can be complete without mention of crypto-currency. This all began with The Rise & Rise of Bitcoin.
Michael Bauwens is a key driver for the collaborative economy and has been creating open source information even before open source became a meme.
There are two resources that are vital to your understanding of the transition from the need to have → toward the need to share → toward the need to give.
Here is a synthesis of the collaborative economy.
Here is a talk Michael gives on scenarios in the collaborative economy:
I met Peter Vander Auwera on twitter in 2011. We decided there was synergy and made a point to meet IRL (in real life). That meeting changed the trajectory of my voice and professional career. I mention this as the final name I want to highlight from my experience with Innotribe is Peter Hinssen; expert on social networks and author of The Network Always Wins.
Building a culture of experimentation means implementing an attitude toward risk that will be necessary if we are to survive in a world in which strategy becomes fluid.
Cheers to Sibos Singapore! Cheers to Innotribe!
(Innotribe speaker alumni Michel Bauwens, Jennifer Sertl, Mark Pesce, and Guibert Englebienne)
The future of money still depends on brave and curious people making meaningful connections.