This week's main blogs include:
Should banks have more technologists than Microsoft?
I saw an interesting article about the Head of Technology at a major bank, let’s call it ABC Bank for the purposes of my column, and the article began by saying that this guy “commands a budget of $10 billion and a team of 40,000 technologists.” $10 …
I’ve grown up angry. Angry with the system, angry with the world, angry with the way things work, angry with me. Not great, huh? I need some anger management. I meet people who are laid back, who are relaxed, who are chilled. That’s not me. …
What does cashless really mean?
As we move from cash to cashless, turbo-charged by the pandemic, there is a fundamental challenge to ATM providers like NCR and Diebold Nixdorf. I had this view back in the 1990s. It’s just taken a quarter of a century to become a reality. In …
Yet another day of reflections – too many of those lately – and thinking about generations. My parents were war parents, living through the Second World War; their parents were people growing up in Edwardian Britain as a carpenter and housewife. Things were different. I …
If you woke up without a goal, go back to sleep
When I was growing up, my parents drilled into me a number of key reasons to live: get a good job, build wealth, buy a house, get married and have kids. They also made it clear I should not cheat – should not cheat on …
This week’s main headlines include (via Citadel Advantage):
- Consumer spending changes likely to stick, Visa says
- SCOTUS limits scope of computer fraud law. Here's the business impact
- 4 questions to ask after discovering a cyberattack
- Second Circuit overturns challenge to OCC fintech charter
- Tech experts discuss the three-year anniversary of GDPR
- Banks Don’t Have To Innovate
- What to consider before paying a ransom
- Clear Junction: The Payments Revolution Starts with 5G
- Fujifilm refuses to pay ransomware demand, relies on backups
- Bad actors hide in everyday IT tools, complicating detection
- 'Super-apps' are the next evolutionary step for financial services
- Billions of passwords leaked online from past data breaches
- 'Super-apps' are the next evolutionary step for financial services
- JBS paid hackers $11M ransom to avoid further disruption
- Basel suggests strictest risk weighting for crypto
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...