Home / Blog Index / The Finanser’s Week: 25th September – 1st October 2017

The Finanser’s Week: 25th September – 1st October 2017

This week’s main blog headlines are …

My fictional partner

This is my wife. She doesn’t know she’s appearing on my blog today, but it doesn’t matter because she doesn’t exist. Well, she does physically but, according to my bank, she doesn’t exist. I only discovered this recently, due to trying to open a new …

How the world has changed …

I’m going way, way back in time to when I was a mere youngster in finance. Yes, there were planes, trains and automobiles back then you insulting, poisonous bunch-backed toad. Anyways, back then, I did a business process analysis of one of the country’s largest …

Don’t trust anyone

I just hosted Jamie Woodruff, the Ethical Hacker, at our Nordic meetings in Oslo and Stockholm. He’s always got some good stories to tell, like how he uses your children’s toys to listen to your conversations or pretending to be a waiter at the hotel …

The digital transformation journey

I find more and more people are starting to understand that digital is a transformation project, not just an adjunct to business as usual. But there needs to be more of them. We can liken most people’s thinking about digital in banking for example, to …

Fintech for the Snapchat generation

My good friend Slava of Life.SREDA has just written a book called The First Fintech Bank’s Arrival. You can buy it for 9,99$ on Amazon or download for free on www.ariv.al. He’s also shared a chapter with me, and I thought it interesting so here is to …

 

The latest news headlines …

Number of high net-worth individuals soars to an all-time high of 16.5m – collectively worth $63.5tn – The Telegraph

P2P lender Zopa set to reopen to new investors – Financial Times
Loans platform says it will take on lenders by the end of this year

HBOS must have known of Reading fraud, Thames Valley PCC says – The Guardian
Cabinet secretary rescinded offer to meet to discuss concerns about banking sector, Anthony Stansfeld also tells meeting The police and crime commissioner of Thames Valley police has claimed that HBOS must have known of the fraudulent activities inside its Reading branch as long ago as February 2008. Six individuals, including

Exclusive: Royal Bank of Canada using blockchain for U.S./Canada payments – executive – Reuters
TORONTO (Reuters) – Royal Bank of Canada is experimenting with blockchain to help move payments between its U.S. and Canadian banks, one of the bank’s senior executives told Reuters on Thursday.

Return of the Luddites: why a robot tax could never work  – The Telegraph

Redundancy payout nightmare after bank transfer error sends stranger money – The Guardian
Moving funds about is getting ever easier thanks to technology, but so are the chances of sending them to the wrong place Life as Sam Woods knew it changed in July when his employer went into administration. The 31-year-old was one of 50 workers who lost their jobs when their

Deloitte hit by data breach – BBC
The corporate finance giant says “very few” clients are affected.

Voice biometrics to be the ‘front door’ for all ANZ bank contact – ZDNet
The Australia and New Zealand Banking Group (ANZ) is looking to implement voice biometrics as the method of authentication in its call centres across all of its front doors, ANZ general manager of Wholesale Digital Nigel Dobson told the FIDO Alliance Seminar in Sydney on Tuesday.

What Banks Can Learn From Nokia’s Demise – The Financial Brand
Just a few months after the Apple launched the iPhone, an issue of Forbes magazine appeared with this title on the cover: “Nokia. One Billion Customers – Can Anyone Catch the Cell Phone King?” Nobody expected what would happen next.

Banks braced for Carney’s verdict on household debts  – The Telegraph

 

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About Chris M Skinner

Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.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...

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