Home / Chris M Skinner

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...

Things worth reading: 20th May 2022

Things we’re reading today include … Relentless branch closures at Lloyds Bank continue as digital banking takes hold Banks ordered to pull staff out of the City in EU power grab SoftBank-Backed Fintech Giant Klarna Looks for New Funds at Lower Valuation Brazilian digital bank Neon triples revenues in 2021 …

Read More »

Are regulations the roots of innovation?

For most of my time working with banks, regulators were about clipping banks’ wings to suit the market. Today they are all about opening markets and enabling innovation. Jason Butcher, an entrepreneur and a friend, recently posted a picture of a tree on LinkedIn and likened it to today’s financial technology world. …

Read More »

Things worth reading: 19th May 2022

Things we’re reading today include … Insulting descriptions city centre bank kept of its customers Former Metro Bank boss Vernon Hill fights ousting at US lender Commonwealth Bank pauses in-app cryptocurrency trading after market turmoil Google says its Russian bank account has been seized City watchdog to ensure banks provide …

Read More »

The state of neobanking 2022

I just received an interesting report from Simon Kucher & Partners, a marketing strategy consulting firm, about Neobanks. It starts with some basic stats: There are 400 neobanks around the world with over a billion clients Over 50 neobanks launched in 2021 The main focus of Neobanking is UK, Sweden, USA, …

Read More »

Things worth reading: 18th May 2022

Things we’re reading today include … The history of private bank notes in 1800s may hint at the future for stablecoins: Not a good one, says Goldman Sachs Citigroup shares jump 7% after Warren Buffett reveals a near $3 billion stake in the struggling bank Australian banks enter tech arms …

Read More »

Things worth reading: 17th May 2022

Things we’re reading today include … ‘Apocalyptic’ food prices will be disastrous for world’s poor, says Bank governor BoE governor says he is unable to stop inflation hitting 10% Bank of England chief says he’s unhappy about inflation but central bank not to blame Digital banking can be more than …

Read More »

The rocky road of cryptocurrencies

During May, the floor fell out of the cryptocurrency markets with many losing their life savings. You can question why they had their life savings invested in cryptocurrencies in the first place, but what made the price fall so far, so fast? The answer is a combination of things, the …

Read More »

Things worth reading: 16th May 2022

Things we’re reading today include … Deutsche Bank SPAC banker who didn’t attend strip club gets job The Russian bank, the Bruce Willis ad and the $900m sanctions battle NatWest customers urged to check bank statements after huge payments glitch Recession warnings show the Bank of England really has lost …

Read More »

I just woke up to my cancelled culture

Growing up, my brother used to try hard to persuade me to attend The Motor Show. He is a petrolhead and the show would be the highlight of his year. I went once. My lasting memory is almost every stand had women who were dressed in a sexy way to …

Read More »

Things worth reading: 13th May 2022

Things we’re reading today include … Crash of TerraUSD Shakes Crypto. ‘There Was a Run on the Bank.’ N26 Closes the Accounts of Over 100 Clients, Who Claim They Still Have Gotten Their Money Back Starling Bank boss hopes banking is becoming less sexist BVNK grabs $40 million for its …

Read More »

Have you heard of the human library?

I stumbled across the human library the other day. I’d never heard of it, but the idea is that instead of borrowing a book, you borrow a human and listen to their life story. It’s a conversation over a table, and you learn how they became who they are. You …

Read More »

We need same-day financial firms

I’ve been writing about banks needing to refresh core systems for years. and I’m fed up with it. I’ve also been writing about the new business model of digital banking based upon apps, APIs and analytics for years, and I’m fed up with it. We need to move on.ANY bank …

Read More »