This week’s main blog headlines are …
Should I buy some bitcoin now?
I’m being asked this a lot as the value of bitcoin and other cryptocurrencies have increased ten-fold in the past few weeks. Good for those who have some. Bemusing for those who don’t. There are a range of factors driving the rise in cryptocurrency prices, …
We need some education (but no thought control)
I often think we need a reality check when it comes to digital finance. Many of the pundit analysts and influencers out there believe no one needs a branch visit and that everything can be done remotely on devices. I don’t. I’ve mentioned this many …
What should be priority for banks
I had an interview with .BANK domain the other day. Here’s how it went … .BANK: In your book, The Future of Banking in a Globalised World, you explore the impact of regulatory change on the banking industry. With the move to less regulation in …
I recently had exposure to two industry reports that are worth bringing to your attention. The first is the Innovate Finance research into Industry Sandboxes. Commissioned by the Financial Conduct Authority (FCA), the UK regulator, the aim was to identify how Industry Sandboxes, rather than …
Last Friday, I presented a new theme around the Semantic Bank to the The Next Web audience. I also wrote a bit about it the other day here. I thought I would expand a little more on the background to the Semantic Bank by talking in more …
The latest news headlines …
Transferwise's Borderless bank account lets you save money in different currencies - Wired
London fintech company Transferwise has created the first "borderless" bank account that promises to work across countries and not charge international transfer fees.
Barclays facing £1.6bn High Court lawsuit - The Telegraph
RBS on verge of avoiding embarrassing High Court battle as investors poised to agree to £200m settlement - The Telegraph
Bank of England Governor tricked by email prankster who conned Barclays boss Jes Staley - The Telegraph
CivilisedBank the latest challenger to secure banking licence - The Telegraph
Hackers hit Russian bank customers, planned international cyber raids - Reuters
Russian cyber criminals used malware planted on Android mobile devices to steal from domestic bank customers and were planning to target European lenders before their arrest, investigators and sources with knowledge of the case told Reuters.
TransferWise to offer cross-border bank accounts - Financial Times
British fintech firm will hold money on deposit across the UK, Europe and US
Barclays tightens email security to prevent hoaxes after boss fell for fake chairman prankster - The Telegraph
Qatar looks to woo UK with 'Wall Street of the Middle East' pitch - The Telegraph
Ex-RBS boss Fred Goodwin under scrutiny in court hearing - BBC
RBS faces a High Court battle with shareholders stemming from events in the run-up to its near-collapse.
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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...
