This week’s main blog headlines are ….
I wrote a blog the other day for The Next Web. I thought it was ok, and it has gained a lot of traction socially. Apparently, people like it and here I’m going to expand upon the basic theme to give a detailed analysis of how …
As mentioned in the first part of these two pieces, we talk a lot about FinTech. We talk about it as though it is one thing when, in fact, it is many. There are nuances to this market that is over a decade old today, …
R3 to acquire Ethereum for $59 million
I mentioned in my FinTech Wave that blockchain has entered the trough of disillusionment. It’s certainly a lot quieter space this year than last. In fact, when I say blockchain today, a lot of folks turn the other way. What’s going on? A lot of …
I was reflecting on a friend of mine who runs a FinTech start-up. Their company was on a funding round, and struggling. They struggled so much that they ended up having to lay off a load of staff, cut budgets and defer income. In fact, …
Counterparty payments in seconds is an easy sell
It made me laugh today. I was chairing a panel where Romana Kumar, Head of Global Transaction Banking for the National Bank of Abu Dhabi (NBAD), was discussing their trial of Ripple. The background to this was announced in a press release on 1st February …
America is slow to adopt immediate payments
I recently blogged about the lack of obvious return on investment for immediate (also called faster, instant or real-time) payments, and mentioned that I would be launching research about this. Well that research survey is now live. It will only take you ten minutes, so …
The latest news headlines …
American Express: mettle fatigue - Financial Times
Consumers have more choices than ever for high-end credit cards
Mark Carney's incoming deputy under fire for family links to Barclays Bank - The Telegraph
Bank deputy Charlotte Hogg 'must avoid conflicts of interest' - BBC
Charlotte Hogg, a new Bank of England deputy governor, must avoid conflicts of interest, say MPs.
Brussels under fire for derailing LSE merger with Deutsche Borse - The Telegraph
UK's ultra-rich set to rise rapidly in 10 years, report says - BBC
The number of high net worth individuals in the UK is expected to grow by a third in the next decade.
Virgin Money profits as bet on credit card surge pays off - The Telegraph
White House accused of blocking information on bank's Trump-Russia links - The Guardian
The White House has been accused of withholding information from Congress about whether Donald Trump or any of his campaign affiliates have ever received loans from a bank in Cyprus that is partly owned by a close ally of Russian president Vladimir Putin.
JPMorgan, Microsoft, Intel and others form new blockchain alliance - Reuters
NEW YORK (Reuters) - JPMorgan Chase & Co , Microsoft Corp , Intel Corp and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward
Customers 'stranded with no money' as Barclays bank system crashes nationwide - Evening Standard
Scores of customers were today left unable to withdraw cash or use their bank card after a nationwide Barclays computer crash.
Top bank executives required to vouch for cyber attack defences - Financial Times
World’s biggest banks and insurers have to meet New York regulator’s tough new rules
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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...
