This week’s main blog discussions include:
Before you watch this week’s show on the biggest, most controversial and WTF stories of #fintechuncut, candid commentary on the biggest #Fintech and #FinancialServices stories of the week that was, how about a little quiz for yourself? Who is in desperate need of money as a result of the collapse of #FTX? #crypto Stephanie Ferris, FIS’s new…
FTX? Short for FinTech eXplosion …
This year is proving a testing year for everyone, but particularly for those in the cryptocurrency space. We’ve seen the collapse of Celsius, Terra-Luna, and now FTX and possibly Genesis. It just reinforces the Wild West of Crypto, which I’ve referred to often. The Financial Times commented on the collapse of FTX – surely you’ve heard…
Visa: It’s a war between their AI and our AI
Thanks to David Birch, I just watched this one hour episode about the history and development of bank cards, hosted by Professor Hannah Fry on the BBC. I’m well aware of how cards started which dates back to when Frank McNamara forgot his cash and check book and created Diners Club back in the…
It’s interesting how often I see the word disruption, or things like incumbent and old. And yet, after almost twenty years of such discussion, has the old incumbent been disrupted? It doesn’t seem that way, as borne out by two articles I picked up on this week: JP Morgan remains world’s biggest systemically important bank;…
I got a new credit card. Woo-hoo! Uh-oh …
I tried to make a payment … but it doesn’t work. Oh no ☹ So I called the bank. I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited … I waited …
If I cannot call you, I won’t deal with you
I’ve recently been dealing with a company that has historically been a good provider of service. I’ve used them for years. Suddenly, things broke down. The main issue is that they only provide a digital service now.
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...