This week’s main blog discussions include …
In space, no one can take your money
The strapline for the film Alien was that in space, no one can hear you scream. It doesn’t sound quite as scary, but I was thinking about the cashless world and realised that: In case you cannot see the words: In space, no one can take your money Do you ever see anyone paying for…
The rapid change to cashless (and cardless)
I tweeted the other day how many places are now cashless. This is definitely true in most Northern European countries. In Poland, I haven’t used a banknote for two years or more. In the UK, I went to the theatre and they told me they wouldn’t take my banknote (by law, they have to, but…
Chatbots need to make sense, not nonsense
I just had an interesting and lengthy dialogue. After booking flights a while ago, the flight operator cancelled one leg of my flight. Instead of flying to Las Vegas for five nights via Frankfurt, I was now flying to Las Vegas for two nights and then back to my layover city Frankfurt for three nights….
Life is good and life is bad … that’s life
I’ve felt European for most of my life, as the UK joined the EU back in 1973. Free travel and movement across borders, that grew from nine states to twenty eight, introduced a glorious period of open integration. Integration of trade and commerce and then, latterly, money and finance. The grand plan of the euro…
The last recession of any major size was 2008. Fourteen years ago! The iPhone had just appeared and we had just started discussions around the concept of cloud computing. Oh, and FinTech wasn’t even talked about.
This week's main news headlines include ...
- US banks have to notify Federal Reserve before engaging in crypto activities
- ECB to ensure bank crypto licensing is consistent across Europe
- Crypto derivatives volumes surge to $3.12 trillion in July
- Brazil's central bank chief predicts end of credit cards
- UK Finance: Contactless makes up a third of all payments, while cash use falls again in 2021
- Cost-of-living crisis prompts 'buy now, pay later' warning from UK's FCA
- Apple Strengthens its Commitment to its Finance Business
- Gartner’s latest hype cycle rates metaverse as 10 year+ journey
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...
