This week's main blog discussions include ...
Why did HSBC dump their biggest corporate client?
Talking about HSBC often drags me into political controversy. For example, when I criticised the bank for not making a stand over the Hong Kong protests, I got a lot of pushback. Frankly, I don’t like to dip my feet into political waters unless forced to …
After blogging about involvement in USA/China dynamics yesterday, I thought it pertinent to share a timeline of activities today that place context around the whole case. I could add more, but don’t want to bore you … 2007.2: Huaying (Huawei) bought Skycom. Ms. Meng was …
I was struck the other day by how many words are bandied about so much that they become meaningless. Then realised that many of these words fall into buckets. Then listed the buckets and they fell into two tribes: digital and analogue. The list is …
Two tribes … what about the analogues?
After talking about Tribe One, the Digital Gang, yesterday, who use words like: Autonomous, intelligent and connected Democratised, distributed and decentralised Platform, ecosystem and open Reliable, resilient and robust Vulnerable, questionable and fragile Environmental, sustainable and renewable I’m moving on to Tribe Two today: the …
Where would you launch a FinTech company?
Just received Findexable’s annual report on FinTech hubs and developments, which finds San Francisco, London and New York as the key FinTech hubs of the world. Behind those cities, Montevideo (Uruguay), Hangzhou (China) and Riyadh (Saudi Arabia) are making great gains. What’s going on? Here’s …
And this week's top news stories are (via Citadel Advantage):
- Attacks against container supply chains grow more sophisticated
- Legacy medical devices, growing hacker threats create perfect storm of cybersecurity risks
- BIS report shows growing divide on crypto
- Gensler says alternative to LIBOR poses risk of manipulation
- HSBC to sell French retail banking operations to Cerberus-backed entity
- PayPal to increase merchant fees in August
- Buy now-pay later drawbacks emerge for consumers, study says
- Morgan Stanley to bar unvaccinated staff from NY offices starting July 12
- VPN exploitation rose in 2020, organizations slow to patch critical flaws
- Mastercard faces pushback over ex-CEO's $27.7M pay package
- Visa pilots US merchant phone-tap system
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...