The main blog discussions this week included …
You need to add physical to digital, not vice versa
I had a long drive last week and noticed five or six massive warehouses by the side of the motorway. It made me reflect on a new warehouse world. I’ve already lamented the loss of main street stores and likely end of malls but, equally, …
After a year and a half, I presented my first keynote with a physical audience yesterday. It’s FinTech Week London! It’s a whole week, in London, talking about FinTech. That’s a surprise, huh? The interesting thing is that, after people have been locked up for …
Old banks need an urgent reboot
I see more and more stories about banks messing up customer accounts, system outages, data mismanagement, issues with technology and more. This is the one thing a bank cannot mess up. Airlines may mess up a booking; Amazon may mess up a delivery; BT or …
Galileo or Mars – where do you want to go?
A final thought for the week on bank transformation. I often talk to banks. Some I’ve spoken to for decades. It shocks me that, after decades, they still have exactly the same issues. Fragmentation of data; an organisation built over decades with systems that are …
Meet Captain Cake and The Candy Crew
Several friends have been sharing very personal stories online recently about their childhood, their challenges, their career mistakes, their changes, their everything. I’m not one of those. I’m a private guy, and guess the one thing I’ve shared that most people appreciated is my blog …
The main headlines are (via Citadel Advantage):
- NFTs - A hype or a lasting new investment asset class?
- CBDCs could give 'clean slate' for cross-border payments, BIS report says
- 'Black Swan' author Nassim Taleb says bitcoin is worth zero and fails as a currency and a hedge
- As SPAC Deals Fade, Banking And FinTech IPOs Step Into Listings Spotlight
- Visa rolls out BNPL for merchants
- PMorgan Suggests Adoption of Bitcoin as Legal Tender Might Break Bitcoin and Hurt El Salvador
- CFPB fines home improvement fintech GreenSky $2.5M, orders $9M in refunds
- China says measures applied to Ant Group to be imposed on other payment firms
- Iranian Hackers Posing as Scholars Target Professors and Writers in Middle-East
- Citi's Q2 profit jumps more than fivefold, but revenue slumps
- Want to quickly recover from ransomware? Plan ahead
- Wells Fargo charges ahead to $6B Q2 profit
- Bank of America's Q2 profit soars as low interest rates dent revenue
- JPMorgan's Q2 profit more than doubles amid slight drop in revenue
- Private credit joins private equity to freeze out banks
- Intuit's new Quickbooks card-reader joins the POS payments fray
- Behind the Firewall: How 6 security execs screen vendors
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...
