Chris Skinner's blog Shaping the future of finance
This week’s main blog discussions include …
Should you have ‘bank’ in your brand?
The Financial Brand published an interesting piece challenging the use of the word bank in a brand. It got me thinking, and agreeing with their summation, which is yes. Sure, you can have Chime, Chase, Citizens and Truist, but is that the right thing. In …
What do banks need to do to deal with FinTech?
I picked up an article talking about 16 Ways Banks Will Need To Change To Survive Advances In Fintech in Forbes. It’s a survey of an expert panel that cites that banks must do the following action points: Become Nimble And Decentralized Incentivize Culture Change Combine …
I am sometimes a Luddite. Today is that day. I woke up and found that a payment was made via a direct debit for a service I no longer use. It’s an annual payment, and I’d forgotten to cancel it. It was for $500. I …
I talk a lot about libertarian versus statist views in the context of cryptocurrencies. We talk a lot
about decentralised finance versus central bank finance in the context of CBDCs and such like. In general, many are discussing democratisation through decentralisation versus centralisation through control. …
The silliness of today’s work: what is your job title?
I find myself bemused by job titles these days. When I was a lad, it was Managing Director, Director and Manager. Now it’s Chief this and Chief that and Head of this and Head of that. So, I checked out the job titles that do …
This week’s main headlines include …
- UK reaches milestone of 5 million open banking users
- Binance access to UK payments network worries City watchdog
- British authorities just seized NFTs for the first time, in a £1.4 million fraud probe
- NYSE moves closer to NFT trading with trademark application
- The Kids are…all investing in crypto
- FBI to form digital currency unit, Justice Dept taps new crypto czar
- JPMorgan Opens A Bank Branch In The Metaverse
- BBVA to Invest $300 Million in Brazilian Digital Bank Neon
