This week’s main blog discussions include:
Skandal! starts tonight on Netflix: the story of Wirecard
Skandal! starts tonight on Netflix What’s all that about? It’s all about Wirecard and the investigative journalism of one Dan McCrum, a friend who reported on the affair with The Financial Times. Over time, Dan’s work resulted in proving that Wirecard was a scam. Having said that, he was attacked by the company and its…
Has Goldman Sachs lost its marbles?
I stumbled over a detailed analysis of Goldman Sachs’ efforts to be a fintech the other day. Written by Mario Gabriele, Founder and Editor of The Generalist, the lengthy text is a great breakdown of how Goldman pivoted from an investment bank to launch a consumer bank over the past few years. I’ve picked a…
The Big Regression is here (The FinTech Winter)
Back in January, I forecast a Big Regression in 2022, and it’s here and now. Layoffs at Klarna, concerns about cryptocurrency exchange viability after Luna and Celsius, acquisitions of weaker fintechs by big banks and more are the things we see today. It’s a bleak picture for some. By way of example, the KPMG report…
The merge, surge, verge, purge and a splurge (#ETH)
Sometime today or tomorrow, a major moment in history will happen. No, not the Queen’s coffin arriving at Westminster Abbey, it’s The Merge! What’s The Merge? It’s when Ethereum merges with Beacon Chain and moves from Proof-of-Work (PoW) to Proof-of-Stake (PoS). It’s a major move called the Merge, and sets Ethereum apart from most other crypto…
Coindesk just ran a series of articles about the relationship between cryptocurrency and sins. The sins vary from money laundering to crime and porn and, in an interesting variant, the financial system has only ever progressed thanks to crime and sex, something I’ve written about a lot before.
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...
