Things we’re reading today include …. Extinction Rebellion to step up campaign against banking system Central banks should turn green Five things you need to know about open banking EU banking system ‘teetering on collapse’ Has the Reserve Bank of Australia (RBA) failed Australians? Credit Suisse Executives to Depart After …
Read More »The Roaring 2020s
I blogged the other day about a $3 trillion spending spree, that I just didn’t see happening. The points I made were: it is the higher income families who have been most comfortable during this lockdown, along with essential workers who have seen no change in pay; but who has …
Read More »The future of payments: free research by Deutsche Bank (includes crypto, bitcoin and more)
Last year, I blogged about the view of Deutsche Bank regarding the future of payments. They produced three reports: Part I: Cash: The Dinosaur Will Survive… For Now Part II: Moving To Digital Wallets And The Extinction Of Plastic Cards Part III: Digital Currencies: The Ultimate Hard Power Tool … …
Read More »The Finanser’s Week: 29th March 2021- 4th April 2021
This week’s main blogs include … Venezuela replaces national currency with bitcoin In a fascinating move Venezuela, which has been a basket-case economy ever since Hugo Chavez died in 2013, has dropped their national currency (the bolivar) and any ties to the US dollar, and decided to link their national …
Read More »Teach children things machines cannot learn
I am involved in a number of activities, one of which is a not-for-profit called The Portrait Foundation. This is a bit of a pivot, but it’s all about encouraging creativity in children, as it is the human and emotional skills that children should learn today. Children should not be …
Read More »Things worth reading: 1st April 2021
Things we’re reading today include … Metro Bank Launches First Bank Account for Dogs Goldman Sachs To Become Second Big Bank Offering Bitcoin To Wealthy Clients Coronavirus Accelerates US Bank Digital Banking Bank account switching plummets 30% in pandemic squeeze Deutsche Bank launches green deposits for its corporate clients Shaken …
Read More »Venezuela replaces national currency with bitcoin
In a fascinating move Venezuela, which has been a basket-case economy ever since Hugo Chavez died in 2013, has dropped their national currency (the bolivar) and any ties to the US dollar, and decided to link their national currency to bitcoin instead. This follows years of hyperinflation where the bolivar …
Read More »The view from 2050
After discussing 2030 and beyond yesterday, I got into an interesting discussion about 2050 and beyond the other day. It started with looking back 25 years and looking forward 25. Looking back 25 years, I realised that discussions of modular, object-oriented, service-based banking is now really old. I was having …
Read More »Things worth reading: 31st March 2021
Things we’re reading today include … Banks face $10bn hit from Archegos selloff Top banks could be investigated over $20bn fire sale of hedge fund assets G20 central banks failing to turn climate advocacy into action, research finds Deutsche Bank Reorganizes Risk Management and Compliance Functions Britain’s oldest bank to …
Read More »The view from 2030
I was recently asked to deliver a presentation set in the year 2030. It was challenging, but interesting. The session was recorded, you can watch it here … … or, if you don’t want or cannot watch it, then here’s the transcript. A 2030 retrospective [transcript] Hi, I’m Chris Skinner …
Read More »Things worth reading: 30th March 2021
Things we’re reading today include … Urgent warning issued to anyone who has a bank account with Barclays, Halifax, HSBC and Lloyds Bank of England steps in to stop rush of bankers relocating to EU Multi-billion Archegos losses will prompt banks to check hedge fund exposures Six conclusions to be …
Read More »Digital is not “a generational thing”
I was told that living purely digitally was a “generational thing” and this was followed more recently by another person saying that my view about video is also a “generational thing”. Getting more and more irritated with the peer pressure to switch video on #Zoom, when I'd rather just talk …
Read More »Things worth reading: 29th March 2021
Things we’re reading today include … Smaller banks have the happiest customers Warning as Britons attacked by ‘paired device’ scam – ‘don’t click!’ Banks and insurers to face tough cyber stress tests under Bank of England plan Dismal Denny is leading a local banking revolution If You Liked Simple, Try …
Read More »The Finanser’s Week: 22nd March 2021- 28th March 2021
This week’s main blogs include … How China’s FinTech is changing everything I joined a Clubhouse discussion the other day – Clubhouse? What? – and discussed Chinese FinTech and its impact on the rest of the world. I really enjoyed the conversation and it was nice that my friend Sophie …
Read More »What’s blocking blockchain?
Three years ago, I blogged about Ant Group’s strategy for AI, Blockchain, Cybersecurity and more. At the time, I noted: Ant Financial have more blockchain patents than any other company in the world and they have the most live blockchain-based production systems. That was in 2018. By the end of …
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