The main blog headlines are …
I am honoured and privileged to list on my profile that I have been an advisor to the White House, World Bank, World Economic Forum and United Nations. Now I can add TEDx Speaker. I was invited to TEDx Athens this year and delivered a …
FinTech’s lies, damned lies and statistics
There are lies, darned lies and statistics. I often quote numbers in my presentations and get pretty annoyed if they’re wrong. I also prefer to take official sources rather than estimates. So I quote that last year China processed USD$40 trillion (277 trillion yuan) of …
Who wants transparency when you can have magic? Do you watch The Crown? If not, maybe you should as Series 3 is about to begin with Olivia Coleman, a great actress. The first two series weren’t bad either, with Netflix spending $130 million on the …
A bank that runs accounts for just 50 cents a year
I recently attended a FinTech conference where Henry Ma, Vice President & Chief Information Officer of WeBank, presented an update of how the bank is faring in China. For those unaware, WeBank is the offshoot of WeChat Pay, WeChat and Tencent, and focuses upon financial …
The best FinTech startups in Europe
I received a long and lengthy article last week from Taylor Ryan, CMO at Valuer.ai (tryan@valuer.ai). The link provides a comprehensive article on European FinTech developments. It’s so good that I am happy to share it with y’all. Enjoy. THE BEST FINTECH STARTUPS IN EUROPE …
And the top news headlines this week are …
Metro top and RBS bottom in banks' customer ratings - BBC
Metro Bank retains top spot among customers, despite its difficulties as a business.
Barclays ends partnership with cryptocurrency exchange Coinbase - Reuters
Barclays is no longer providing banking services to major cryptocurrency exchange Coinbase, sources familiar with the matter told Reuters, ending a relationship that started in March last year as the exchange expanded in Europe.
Monzo launches short-term loans for 2.5m customers - The Guardian
Challenger bank insists it is not targeting customers who usually turn to payday lenders Digital bank Monzo is dipping its toes into the short-term loans market a year after Wonga’s collapse , but insists it will not target customers who usually turn to payday lenders. The challenger bank formally launched
Danish bank launches world’s first negative interest rate mortgage - The Guardian
Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan A Danish bank has launched the world’s first negative interest rate mortgage – handing out loans to homeowners where the charge is minus 0.5% a year. Negative interest rates effectively mean that a bank pays a
German financial sector 'expects No Deal' and wants no more concessions from EU - The Telegraph
Investment bank job cuts are now a one-way street - Financial Times
Those let go by HSBC, Barclays and Deutsche may not find a route back
Digital challenger banks stockpile cash at record rate - Financial Times
Fundraising push comes as sector upstarts court customers with widespread mobile presence
RBS 'set to appoint Rose as next boss' - BBC
Royal Bank of Scotland is poised to name Alison Rose as its first female chief executive, reports say.
And the next Bank of England governor will be … - Guardian
Chancellor Sajid Javid faces a diverse list of runners but under this government it may not pay to put money on a safe bet The moment is fast arriving when Sajid Javid will choose Mark Carney’s replacement as the governor of the Bank of England , and Westminster is alive
Hey Google, lend me a tenner? NatWest trials voice banking - Guardian
High street bank says Google Home trial could let you do the banking as you make a cuppa or iron a shirt Get ready to say: “Hey Google. How much do I have in my bank account?” NatWest is to begin voice-only banking that will give customers direct access to
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...
