No community marketplace is immune to the threat of disintermediation. No matter what the service, if it costs money to use a platform, there is always going to be people looking for ways to cut it out of the loop. Platforms employ several methods to deter disintermediation, such as creating terms of service that prohibit … Continue reading Dropping the middleman
Tag: technology
Ocado: from delivering groceries to selling technology
There’s no dearth of companies trying to exploit technology to provide leaner, more personalised solutions for their customers. Thousands have gone down the automation path, but few have found enlightenment. Each year, millions of dollars are spent on developing AI and ML capabilities, but much of it is in vain. In a sea of moderately-successful … Continue reading Ocado: from delivering groceries to selling technology
Banking wars!
There is no denying that technology is taking the world by storm. Instead of just being a support function, technology has become the product itself - especially in finance. The evolution of FinTech is creating new challenges for banks to overcome and new business models are emerging. Neo banks and Challenger banks are cases in … Continue reading Banking wars!
