Here are our key posts for the past week …
I recently hosted the FinTech University – FU for short – for BBVA in Madrid. #FU @CIBBVA pic.twitter.com/RUqVEDgPgg — Chris Skinner (@Chris_Skinner) June 20, 2016 It was a grand day out full of BBVA companies and partners including Simple, Holvi, Atom, Eris, N26 and more. The …
A month after #Brexit, what’s new?
After a month, the dust has settled somewhat on the Brexit vote. We have a new Prime Minister, a new Government and a new outlook. There were many knee-jerk reactions to the vote that were extreme in the immediate wake of the shock of the …
I just spent a weekend in Thailand at the Techsauce Summit. It was a great conference, and it reminded me of the time I’ve spent in Asia lately. After the books Digital Bank and ValueWeb were translated into Korean, Chinese and soon to be Japanese, …
A seven year old idea comes of age: Bank-as-a-Service
In 2009, I coined the word BaaS. No, nothing to do with sheep! Instead, BaaS stands for Banking-as-a-Service. In 2016, everyone is talking about this: Banking as a Platform (BaaP), The Financial Brand, March 2016 Banking-as-a-Service: Common play of banks and fintech, FinTech Rankings, March …
As branches close, what do we do with the people?
Talking with the leader of a large bank the other day proved illuminating. He said to me that he could see the digital revolution happening, and wants to embrace it. All well and good. He continued then to say something that I hear quite often: …
In other news …
Santander cautiously confident despite worries of a slowdown - The Telegraph
Challenger banks defy Brexit vote with booming revenues - The Telegraph
Lloyds to slash 3,000 jobs and close branches - The Telegraph
Virgin Money profits boom as customers splurge on credit cards - The Telegraph
What's the 'social bank of mum and dad'? - BBC
For young people from poorer backgrounds trying to get work, it's often a case of who you know more than what you know, according to new research.
Break up the financial watchdog over HBOS failures, MPs urge - The Telegraph
How once-secretive Luxembourg is vying for a slice of the City of London - The Telegraph
Lloyds and PwC set to defend negligence claim - The Telegraph
Arrested HSBC exec was once head of compliance at his own hedge fund - The Telegraph
This Bank of England chart shows how the rich got richer and the poor got poorer since 2010 - Business Insider
If you're among one of the upper three-fifths of UK society you're better off now than you were before 2010. But those in the bottom two-fifths are worse off despite nearly eight years of economic growth, according to this chart from the Bank of England's chief economist, Andy Haldane:
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Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
