This week's main blog discussions include ...
A great list of central bank thinking about digital currencies (#CBDC)
Madhvi Mavadiya, Head of Content at Finextra, just posted a great list of developments in Central Bank Digital Currencies (CBDCs). She promises to keep it updated and the link is here. It covers every country from Antigua to Curaçao to Iran. 80 countries in all. …
The End Of Digital Transformation In Banking
Ron Shevlin, now Chief Research Officer at Cornerstone Advisors, a US research and consulting firm, posted a fascinating article based on his research the other day. Supposedly, banks and credit unions in America think they’re are doing digital transformation. Interestingly, less think they’re doing it …
What would you spend $12 billion on?
I was intrigued by the announcement by JPMorgan Chase that they’re spending $12 billion on technology this year. Admittedly, I’ve been tracking this and it seems to go up by around a billion year-on-year. Although this is up 25% on 2020, the bank had said …
Lots of folks are talking Web3, but what is Web3 and why isn’t it Web 3.0? I guess, like with all things, we abbreviate and so Web3 is the next wave network that will revolutionize everything. So what is it? Web3, as envisioned by the Web3 …
To vax or not to vax: that is the question
We are all probably aware of the furore over Novax Djocavic and the Australian Open tennis championship. The issue is to vax or not to vax. Now, some people can’t get a vaccination due to their health conditions but, other than this, governments are telling …
This week's main news headlines include ...
- High street banks ‘losing vice-like grip on UK’s current accounts’
- Zopa Bank hits £1bn deposits in just 18 months
- CBDCs: Here’s what every central bank in the world is working on
- Credit Suisse Chairman to Leave After Breaking Covid Travel Rules
- Why Horta-Osario resigned
- Brexit Gives €200 Billion Boost to Balance Sheets of Irish Banks
- Bank of America Says UK CBDC Would Be More Than a Digital Form of Cash
- UK launches crackdown on 'misleading' cryptocurrency ads
- Amazon UK and Visa reach last-minute settlement on credit card ban
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...
