The main blog headlines are …
Is the internet of things our biggest future threat?
We talk a lot about cybersecurity, fraud and risk, but are we too complacent about it? We have all these stats and figures: According to Verizon’s 2018 Breach Investigations report, 92 percent of malware is still delivered by email. Out of the 1,300 IT security decision makers surveyed …
Wired are really good at writing long, wordy essays on things they find of interest. I enjoy them, but not everyone has half an hour to read their musings. Therefore, as it covers my favourite FinTech firm Stripe, here’s a 1,500 abridged version of their …
The most influential person in UK tech is …
I got an email the other day saying that I am now the most influential person in the UK, not just for FinTech … but for technology in general. I was and am shocked. I don’t really subscribe to influencer lists, as most do not …
UK headmistress threatens to close tuck shop
I was wracking my brains trying to write something interesting about the Brexit farce, when I noticed that my good friend Bob Lyddon had done it for me. Enjoy! UK headmistress threatens to close tuck shop The UK’s headmistress, Theresa May, has issued a chilling …
Asking banks to be responsible is like …
The United Nations Principles for Responsible Banking were released last Monday. The aim is to help any bank – whatever its starting point – to align its business strategy with society’s goals. It’s a nice idea, but is it practical? In a guest column James Vaccaro, …
This week’s top news headlines are …
TSB staff to get £1,500 each as reward for handling IT fiasco - Guardian
Payout will cost bank £11m and will replace March bonus, which is linked to profits TSB is handing most of its employees £1,500 each by Christmas to reward them for handling the fallout from its IT meltdown earlier this year. The payout will cost the bank £11m and temporarily replace
Comment: Danske Bank scandal shows value of holistic approach - Financial Times
‘Integrated reporting allows companies to better detect emerging threats’
Barclays customers 'to leave en masse' over tar sands investment - The Guardian
Up to 30,000 account holders sign petition against pipeline projects in US and Canada Thousands of Barclays customers have threatened to switch to another bank unless it ends investment in pipelines for oil from tar sands , dubbed the “dirtiest fuel on the planet”. Greenpeace, which occupied a branch of
'Overconfident' bank bosses have their heads in the sand over IT - The Telegraph
Banking chiefs are overconfident and oblivious to the risks posed by major tech projects, the City watchdog has said, as it revealed that IT failures across financial institutions have more than doubled in the past year.
Mervyn King: Theresa May's Brexit deal is like appeasement - Guardian
Ex-Bank of England governor hits out at No 10, Treasury and his successor Mark Carney Mervyn King, the former governor of the Bank of England, has launched a stinging attack on Theresa May’s Brexit deal , likening it to the appeasement of the Nazis in the 1930s. In a sweeping
Lift ban on payments for surrogates, says Sir James Munby - The Telegraph
Deutsche Bank chief dismisses takeover speculation - Reuters
Deutsche Bank is not at risk of a takeover, its chief executive told a German weekly paper after its shares fell to a record low on Friday in the wake of a two-day raid related to money laundering allegations.
Deutsche Bank — 20 years after the deal that sealed its fate - Financial Times
Bankers Trust acquisition in 1998 was when the German lender went all-in at the casino
Deutsche Bank offices raided in connection with Panama Papers - Guardian
Police search Frankfurt offices as part of investigation into alleged money laundering Police in Germany have raided the offices of Deutsche Bank in connection with the Panama Papers revelations and as part of an investigation into alleged money laundering. About 170 police officers, prosecutors and tax inspectors searched six Deutsche
SocGen uses ‘digital speed-dating’ to win over investors - Financial Times
Frédéric Oudéa steps up effort to prove the French bank has a coherent tech strategy
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...
