Christoffer O. Hernæs

Latest from Christoffer O. Hernæs

  • Artificial Intelligence, Legal Responsibility And Civil Rights Crunch Network

    Artificial Intelligence, Legal Responsibility And Civil Rights

    I have been a huge science fiction fan as long as I can remember, and a recurring theme in both science fiction literature and movies is the creation of artificial intelligence. However, the subject is becoming increasingly more science and less fiction. Read More

  • The Future Of Finance Is In Real Time Crunch Network

    The Future Of Finance Is In Real Time

    In a world of decreasing size and rapidly increasing technological development, the financial sector needs to keep up at the same pace. While physical supply chains have improved to keep track of the digital world, the financial supply chain has not kept pace. The race toward real-time financial services involves a wide array of stakeholders and possibilities, ranging from common… Read More

  • Industry Convergence In Financial Services Is Accelerating Crunch Network

    Industry Convergence In Financial Services Is Accelerating

    These days everyone wants to create the next Uber for anything, and the word “disruption” is mentioned across boardrooms and management meetings in nearly all industries. But while discussing the true meaning of disruption and which fintech startups are worth keeping an eye on, incumbents are at risk of overlooking players that once were customers and partners that can quickly… Read More

  • Sharing Is Everything But Caring In The Sharing Economy Crunch Network

    Sharing Is Everything But Caring In The Sharing Economy

    One of the hot topics so far this year is what will become of P2P services and the sharing economy. Last year Airbnb became the largest hotel chain in the world, Uber expanded abroad with large protests from incumbents in the taxi industry and P2P-lender Lending Club got listed on Wall Street. Read More

  • The Sharing Economy And The Future Of Finance Crunch Network

    The Sharing Economy And The Future Of Finance

    Banking has gone from somewhere you go to something you do. If we are to believe that the sharing economy will shape our future, banking and all financial services will become something that merely exists in the background, similar to other basic utilities. Read More

  • Banks As Commodity Utilities In A New Payment World Crunch Network

    Banks As Commodity Utilities In A New Payment World

    With the recent launch of Apple Pay and leaked screenshots of Facebook integrating payments with Facebook Messenger fintech companies, there is a lot of speculation regarding the future of banking. Backed up by the way-too-often quoted Millennial Disruption Index, Accenture’s Banking 2020 and a range of similar reports tech evangelists predict that Apple, Facebook and Google will become… Read More

  • Ant Financial: The Greatest Victory Is That Which Requires No Battle Crunch Network

    Ant Financial: The Greatest Victory Is That Which Requires No Battle

    Not long after the Alibaba IPO, eBay announced that it aims to spin off PayPal as a separately traded company. The rumors of PayPal as an acquisition target are already looming, and one of the contenders is Jack Ma’s Alipay, now called Ant Financial. A deeper insight into Alipay is interesting in light of the potential changes similar players like Apple, Amazon and PayPal pose for… Read More

  • When Payment Processing Becomes A Commodity Crunch Network

    When Payment Processing Becomes A Commodity

    One of the big subjects of discussion in the banking industry earlier this year was the publication of the Millennial Disruption Index, stating that millennials view banks as irrelevant and placing traditional retail banking at the highest risk of disruption compared to other B2C industries. Accenture’s Banking 2020 report confirms this and draws a parallel to the challenges the… Read More

  • Will Google Enter The Insurance Industry? Crunch Network

    Will Google Enter The Insurance Industry?

    When it comes to collecting and organizing information, Google is well on its way to establishing its hegemony through the registration of 6 billion daily unique searches and indexing of over 50 billion web pages (2013). What remains to be seen is how this information is being made universally accessible and at what price. One of the industries that has particular advantage of access to… Read More