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The challenges behind the "Amazonisation" of financial services - Delano


“I don’t believe that data is the new gold.”
So said Sherry Madera, chief industry and government affairs officer at the London Stock Exchange Group, during the Luxembourg for Finance “Focus on Amazonisation” event on 9 June. The neologism in the event’s title derives from a 2019 LFF report and refers to the client-centric platformisation of the industry in the mode, widely seen as exemplary, of Jeff Bezos’s online retail giant.
“The one building block of Amazonisation for financial services […] has got to be data,” said Madera. “I don’t believe that data is the new gold. But perhaps data is something more fundamental. Perhaps it is the sand.” ....

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Paxos : Adds Patricia Kemp And Scott Malpass To Its Board Of Directors


Paxos : Adds Patricia Kemp And Scott Malpass To Its Board Of Directors
05/27/2021 | 12:15pm EDT
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NEW YORK, May 27, 2021 /PRNewswire/
Paxos, the first regulated blockchain infrastructure platform, today announced it has added Patricia Kemp, Co-Founder and Managing Partner of Oak HC/FT, and Scott Malpass, former Vice President and Chief Investment Officer of the University of Notre Dame, to its Board of Directors.
As seasoned executives in the financial services industry with significant expertise in investment strategy and portfolio management, Kemp and Malpass will provide unique insight and guidance as Paxos continues to differentiate itself as the most trusted operator in blockchain-based financial market infrastructure. ....

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