Latest opinions that Ron Cogburn has shared on Finextra

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Ron Cogburn

CEO

Exela Technologies

Member since

12 Apr 2016

Location

Irving

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Ron's opinions

The First Law of Robotics: A Robot May Not Injure a Human Being...

The Three Laws of Robotics were introduced to the viewing public in 1940 by Issac Asimov in his short story; "Runaround". 1. A robot may not injure a human being or, through inaction allow a human to come to harm 2. A robot must obey the orders given it by human beings, unless such orders would conflict with the first law. 3. A robot mu...

05 January 2021 /startups /predictions Artificial Intelligence and Financial Services

Is Request to Pay the System for a World of New Norms

This the latest research from Finextra and Exela Technologies by our man, Matt Tarpey It’s clear that the COVID-19 pandemic will likely have a lasting impact on many things, from the way we travel to the popularity of remote work arrangements and contactless delivery options. Add to that list the way individuals and small businesses make and reque...

14 July 2020 /payments /retail Banking Strategy, Digital and Transformation

Data Has Endless Value, If You Know How to Use It

“It is a capital mistake to theorize before one has data.” Sherlock Holmes This is a repost from my recent article for the Forbes Technology Council; Data is one of the most valuable resources that can be acquired today. You’ve probably heard the phrase “Data is the new oil.” In fact, data has the potential to be much more valuable, and more vers...

14 July 2020 /payments /wholesale Banking Strategy, Digital and Transformation

How The Right Preparation Can Help Your Business Survive During A Crisis

As Benjamin Franklin said, "By failing to prepare, you are preparing to fail." This is a repost from my recent article for the Forbes Technology Council According to FEMA, up to 40% of small businesses can be forced to shut down in the wake of a disaster. Historically, fires, epidemics and even extreme weather events have devastated bu...

20 April 2020 /people /covid-19 Financial Risk Management

Is AI just as Biased as the Humans Creating It?

"The saddest aspect of life right now is that science gathers knowledge faster than society gathers wisdom." Isaac Asimov This is a reprint from article in ReadWrite It might appear that data — the information you find in a scientific article, a history book, or a set of survey results — is just a collection of objective facts. The numbe...

10 March 2020 /ai Artificial Intelligence and Financial Services

How To Coordinate A Global Tech Team

“A leader is one who knows the way, goes the way, and shows the way.” – John C. Maxwell This is a reprint from my recent article for Forbes Tech Council Every software platform, piece of hardware and back-end system developed at my company has required coordination between tech development groups spread across the world. Our primary hubs are lo...

13 December 2019 /sustainable Fintech

Is Automation Always Better?

“Science, my lad, is made up of mistakes, but they are mistakes which it is useful to make, because they lead little by little to the truth,” wrote Jules Verne. This is a reprint from my recent article for the Forbes Technology Council I’ve been in the field of automation long enough to see that many of the most impressive advancements are still...

21 November 2019 /ai Artificial Intelligence and Financial Services

Prepare For The Business Of Tomorrow, Today

"Fortune favors the prepared mind." Louis Pasteur This is a reprint from my recent Forbes Technology Council article. My experience in business process automation has given me firsthand exposure to the kind of job displacement that’s possible as new technologies emerge. As I (and others) have said, we’re in the midst of another indust...

26 July 2019 /ai Bigger than Technology

What if...

"What if everything is an illusion and nothing exists? In that case, I definitely overpaid for my carpet." Woody Allen What if, during your next hotel stay, a digital kiosk used facial recognition software to recover your reservation, a voice-controlled smart speaker adjusted the temperature in your room, and an artificial intelligence...

11 July 2019 /ai Bigger than Technology

Where to Automate Your Business To Drive The Most Innovation

"In this world there is always danger for those who are afraid of it." George Bernard Shaw This article is a reprint from my recent article for the Forbes Technology Council Innovation is often framed as a eureka moment, but really, it’s more of an iterative process based on short-term needs. I’ve seen this time and again in the world...

10 June 2019 /ai Innovation in Financial Services

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