Chris Skinner's blog Shaping the future of finance

Some bankers took exception to my calling them some of them morally bankrupt and socially useless. I’m not surprised, as I used those phrases intentionally to be provocative. Equally, I wasn’t saying that all bankers are corrupt and useless, just some. Some big names, but …

Things we’re reading today include … FinTech Expert Chris Skinner Reveals Keys to Becoming a True Digital Bank Americans Don’t Want A ‘Digital’ Bank Kard is a challenger bank for teens Even the banking giants will have to embrace crypto and blockchain Tesco Bank to …

Another few articles I’ve picked up this week have focused upon the new generation of consumer: Gen Z. I would call them the iGen but that’s too branded, so marketers call them Gen Z. Who are the Z Gen? As of 2019, the breakdown by …

Things we’re reading today include … Bank Stress Tests Are Getting Less Stressful ABN AMRO signs on Accenture and ING Bank for its blockchain inventory platform London is still the UK’s golden goose – and that needs to change | Jack Brown Wirecard document points …

I’m writing more and more about Facebook launching its own cryptocurrency lately: Will Facebook become the world’s central bank? (March 2019) Will a global platform connect all of our money? (April 2019) This is because they are getting serious about payments and blockchain, after a …

Things we’re reading today include … Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System Eye on lira, Turkey abandons plan to tap central bank reserves Bank of England built up Brexit war chest to avert possible sterling crisis Why Goldman Sachs should buy …

The main blog headlines are … Five phases of FinTech (2005-2027) Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech. The five phases of FinTech are (dates are …

Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech. The five phases of FinTech are (dates are rough guide): Disruption (2005-2014) Discussion (2014-2017) Partnership (2017-2022) Integration (2022-2027) Renewal …

Things we’re reading today include … Lloyds to start paying quarterly dividends Bitcoin extends losses, down more than 20% to below $6,300 Top banking regulator stresses UK should not be ‘rule taker’ post-Brexit Mifid II critics are not seeing the big picture Metro Bank got …

Twenty years ago, I was doing a lot of work on business transformation and business process re-engineering (BPR). Most of the firms didn’t do transformation and viewed it as too risky. Instead they went for BPR for BPI … business process improvements. Incremental benefits rather …

Things we’re reading today include … World’s Largest Banks 2019: U.S. Takes Aim At Chinese Dominance A false rumor on WhatsApp started a run on a London bank Payday lenders face sharp criticism as complaints rise 130% Buffett’s Berkshire unveils $861 million Amazon stake Mel …

I was asked to speak to the theme of Banking for Humanity at a conference the other day, and it made me realise that the five areas I’ve recently been blogging about came together nicely. First, there’s financial inclusion which is the theme of Digital …

Things we’re reading today include … A WhatsApp Rumor Challenges Metro Bank Bank of England warned criminal charge could destabilise Barclays Fraud complaints hit record high as banks’ new anti-scam measures delayed Bank of France is Closely Watching Stablecoin Developments Bank of England calls for …

Henry Ford famously stated: “If I had asked people what they wanted, they would have said faster horses.” Of course they would, as they had no idea what anything else was. In fact, I use this story often as a Victorian vision of the future …

Watching the BBC, I often see reports on the elderly being ripped off, scammed and targeted by fraudsters. Here’s just a few recent ones: Hidden ‘shame’ of elderly scam victims – BBC News Reports of frauds on the elderly are ‘tip of iceberg’ – BBC …

Things we’re reading today include … MPs tell government to intervene if banks don’t do enough to halt branch closures Atom Bank seeks £50m after Brexit derails BBVA bid Holding Bankers to Account by Oonagh McDonald Exclusive: Turkey presses banks to agree high-stakes bailout of …

The main blog headlines are … Bitcoin, Stablecoin, Blockchain, Enterprise Ledger … WTF? I used to blog about blockchain and cryptocurrency almost every day. I stopped as it got too hyped, scammed and boring. In fact, my last blog was about the blockchain hype being …

I used to blog about blockchain and cryptocurrency almost every day. I stopped as it got too hyped, scammed and boring. In fact, my last blog was about the blockchain hype being dead, but the blockchain dream is still very much alive. Now, most people …

Things we’re reading today include … Why the Royal Mint stopped making 20p coins HSBC and StanChart under attack from China tech TSB expected to cut at least 100 jobs at head office Australian $50 note typo: spelling mistake printed 46 million times Uber-rich: the …

I recently gave a speech where the title was FinTech or TechFin?  Everyone had been given a copy of my book Digital Human, and the speech was transcribed. Here it is:   FinTech or TechFin?  Thank you for inviting me to join you here. It is …

Things we’re reading today include … Bank Workers Who Survive Robot Uprising Stand to Make More Money Deutsche Bank Accused of Bribery in London Lawsuit Investors urged to protest against Deutsche Bank chairman Bank of England hits the road to assess Brexit impact on economy …

I blogged in March (Transforming the bank – three phases of change) about the method to make systems change happen to transform the bank. In another conversation, I then realised that there are three phases of organisational change to transform the bank. The first phase …