This week's main blog discussions include ...
Am I the only one fed up with catchphrases in tech to create the Next Big Thing (NBT)? Cloud, Big Data, Platform, Ecosystem, Kubernetes and more are regularly catching an ember to try to spark a fire. Sometimes it works – Digital and Banking-as-a-Service (I’m biased as …
In the Finverse, trading is just gaming in reality
Building on the Finverse, I always remember the big trading scandals of the 2000s with Jérôme Kerviel of Société Générale and Kweku Adoboli of UBS. In fact, it probably applies to all rogue traders of notoriety, including the most infamous one, Nick Leeson of Barings …
This is a guest post by Matthias Kroener, a Bavarian who created Fidor Bank and then disappeared into the depths of gaming. Banking on the game The difference between gaming and gamification in banking Back in 1994, when I founded Direkt Anlage Bank (the first …
Blockchain-inspired risk management to create true trust in Fintech
The core of money is risk. When someone pays you, can you trust that payment is true? If you let them take away your car or computer, can you be certain that the money they offered is real? More than this, in banking, most of …
$100 billion spent on FinTech in just six months …
The world is getting interesting. Circle announces plans to become a fully registered bank; Lending Club buys a credit union; Credijusto (Mexico) buys a bank; Raisin (Germany) acquires a bank … the list has, is and will go on. Meantime, JPMorgan snaps up OpenInvest; US …
This week's top headlines include (via Citadel Advantage):
- Chime now valued at $25B, nearing Revolut’s $33B valuation
- Top Banks investing in Crypto & Blockchain companies
- The 10 Most-Well Funded European Fintech Companies of 2021
- Bitcoin’s Increasing Value Is Its Real Failure
- The Fundamental Role of Payments is Rapidly Evolving
- Infrastructure Bill Threatens the Value of Cryptocurrencies
- Say Good-Bye to the Payment Card Magnetic Stripe
- Coinbase CFO amassing cash to weather 'crypto winter'
- FX risk: Identifying exposure through a Currency Map
- How much does phishing really cost the enterprise?
- Is Mobile banking really out performing Traditional banking in developing economies — Part 1
- PayPal drops BNPL late fees worldwide
- Payments called 'dominant driver' for fintech investment: KPMG
- 5 FinTech companies from the Nordics making an impact
- Fintechs much more likely to be linked to suspicious PPP loans, study finds
- Why bitcoin entrepreneurs are flocking to rural Texas - The Guardian
- Consumer dissatisfaction with credit cards continues to rise
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...
