I’ve been looking at buying a small property using my crypto savings. Practically, this creates an interesting dilemma as the seller wants the money in his bank account, whereas I’m trying to persuade him to sell with a payment to a crypto wallet. He doesn’t trust crypto wallets, and has …
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 »The Finanser’s Week: 9th May 2022 – 15th May 2022
This week’s main blog discussions include … 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 …
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 »Could bitcoin destabilise the dollar?
I was thinking about cryptocurrencies and the fact that most of us have heard of bitcoin and Ethereum. You may have heard of Dogecoin and Shiba Inu. Maybe you even know Cordana and Polygon. But do you know about UNI and Potcoin? Or Putincoin and Trumpcoin? What about Whoppercoin or …
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 »Would you like to attend the launch of ‘Digital for Good’?
Chris Skinner, best-selling author of Digital Bank, Digital Human and Doing Digital, has just released his latest book Digital for Good, and it is now available on Amazon. https://www.amazon.com/Digital-Good-Stand-Something-Will/dp/9814974404 The book will be officially launched at CFTE on June 6, Canary Wharf, London (if you want to attend, sign up here). The evening will include a …
Read More »The Finanser’s Week: 2nd May 2022 – 8th May 2022
This week’s main blog discussions included: What’s the new book about, Chris? I had an interview the other day about my new book Digital for Good. It felt like it was a worthy discussion, so thought it worth sharing again today. What is the number for your new book “Digital for Good“? …
Read More »Shared experiences and the networked economy
I was in the theatres again recently, watching shows. I love theatre, especially musicals (Ed: is it okay for Chris to say this?). I wondered why theatre is so special and then realised it’s that shared experience. A bunch of people on stage doing stuff, and a crowd of people …
Read More »Things worth reading: 6th May 2022
Things we’re reading today include … SEC nearly doubles crypto enforcement unit, citing fraud risk in booming market Big Tech data harvesting comes under fire by world central bank group Anti-discriminatory bank law getting update for modern era EU plans to evict largest Russian lender from Swift but spare energy …
Read More »Walk the line: the balance between regulation and innovation
I noted that the FCA is holding the new UK banks to account for their mishaps over customer onboarding and, specifically, their lack of due diligence: Barclays’ fraud prevention team spotted a problem: some customers had handed over millions of pounds to a single, suspicious Monzo account in a matter of …
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