The main blog headlines are …
I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. Today, I hardly blog about it at all. I guess it just shows what’s top of mind and what’s not at any time in FinTech and, …
If banks provide no advice, what do they provide?
For many years, banks have talked about moving away from transactions and towards advice. The branch is for advice. We will become trusted advisors. We see the value-add of banking is the information we can analyse around your data to offer advice. Complete rubbish. I’m …
Everything you need to know about Apple’s new credit card (and a bit more)
I was about to write a really nice piece about Apple’s announcement of the launch of a new credit card, in partnership with Goldman Sachs, when Brian Roemmele beat me to it. Who is Brian Roemmele you ask? And if you are asking that … WHERE …
Does FinTech worry policymakers?
Not sure if anyone noticed that the Financial Stability Board – the world’s central banks tasked with maintaining financial stability – produced a white paper on FinTech last month. It was published on Valentines Day, so you were probably busy, and I only just stumbled across …
Women in FinTech … yes, we care
So, I blogged last week about women in FinTech and whether we care, and got lots of replies … from women … who said yes, we care. Interesting that there were not so many replies from the other gender, but hey what do you expect? …
And the top news headlines this week are …
Turkey may be the spark that lights a fire in the world economy | Larry Elliott - Guardian
Erdogan’s costly move against currency speculators could prove to have major ripple effects The battle waged by Turkey’s Recep Tayyip Erdogan against currency speculators is a classic pyrrhic victory. The show of resolve by the self-styled strongman on Wednesday stopped investors from dumping the lira but at enormous cost in
Barclays investment bank boss ousted in shake-up - Financial Times
Tim Throsby to leave after barely two years as activist Bramson keeps up pressure
Jamie Dimon, spare us your crocodile tears about inequality | Robert Reich - The Guardian
If the CEO of JP Morgan really cared about American workers, he would put an end to corporate executives like him rigging the system If I may be so bold as to try to lure your attention away from Trump and Mueller for a moment, consider Jamie Dimon’s lament, delivered
Nutmeg turns to customers to raise up to £10m - Financial Times
UK robo-adviser has gathered £1.5bn in assets but is still making heavy losses
Apple to launch a new credit card with Goldman. Are the perks worth it? - Reuters
Apple Inc said on Monday it will launch a credit card with Goldman Sachs Group Inc this summer that can be used to earn cash back on the purchase of Apple products, but analysts suggest its rewards do not stand out among rivals.
Goldman’s Apple Card leaves questions unanswered - Financial Times
Latest move to expand consumer lending pitches the bank into a competitive market
Open banking – should I use it? - This is Money
A couple of my banks are promoting open banking, and it is FCA approved and regulated, so should I give it a shot?
£354m lost in bank transfer scams in 2018 - Which?
More than £354m was stolen from banking customers and small businesses through sophisticated bank transfer scams in 2018 – with only £83m ever recovered and returned to victims.
The European Union has bigger problems to deal with than Brexit - Guardian
The next recession will expose the eurozone as a half-baked project in need of leadership As the clock has ticked down towards Brexit, the state of the UK has attracted even more attention than normal. Every scrap of official data and every survey of business opinion has been pored over
Banks use AI to catch rogue traders before the act - Financial Times
Technology presents an opportunity to spot errant bankers before misconduct takes place
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...
