Things we’re reading today include … Credit Suisse to launch Revolut and N26 digital banking rival Despite COVID, junior bankers’ compensation hiked to £86k+ Starling Bank launches Kite cards for kids Businesses are more likely to join a fully digital bank Citi names Jane Fraser new chief in Wall Street …

I was recently asked to interview Likhit Wagle, General Manager, Global Banking Industry, IBM, regarding their new IBM Cloud for Financial Services™ offering. The discussion was interesting so sharing it here for posterity.  Chris Skinner: Cloud is something we’ve been discussing for over a decade. Why has it taken …

Things we’re reading today include … Starling has recruited 100 staff at its new Cardiff hub since March Bank of Scotland offices on market for £80m JPMorgan fires employees who took Covid relief funds Lloyds to cut hundreds of UK jobs as it revives restructuring plans Wall Street bids a …

After writing quite a lot challenging the challenger banks, one reached out to me asking for a slight correction of view. OakNorth. Now, this is a bank I like, as they’ve been doing so much under the radar, so I said that if they wanted to raise their head above …

Things we’re reading today include … Retail and digital customers ‘dissatisfied ‘ – which banks rank lowest? Lloyds bank rapped for forcing small businesses desperate for Covid loans to open fee-paying business accounts Chile bank shuts down operations after being hit by ransomware How philanthropy benefits the super-rich When banks …

I just presented to the Merchant Payments Ecosystem conference. I’ve presented there before, and this year was virtual … as are all 2020 conferences. 2020 is the virtual year. I sat and thought about what to present. I have 1,000 slides or more, but I don’t do slides on lockdown. …

Things we’re reading today include … Customers turn their backs on Monzo and Revolut as fears mount over profitability Crime agency under fire over bank signature forgery UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash Equity fund managers dump banks for software stocks Global regulatory body …

Everyone keeps talking about Big Tech opening banks. Rather than opening or buying banks, most of the Big Tech firms are partnering with them. Apple and Goldman Sachs make a nice pair as does Google, who partner with a variety of banks to offer financial capabilities. Several of the Big …

Last week the Governor of the Bank of England, Andrew Bailey, gave a virtual speech at the Brookings Institute on the future of money, technology, payments, digital currencies and central bank digital currencies. It’s an interesting speech, and worth sharing here. Enjoy. Reinventing the Wheel (with more automation) Speech given …

Things we’re reading today include … Payments are blocked as banks’ new security check becomes a name game Blackstone and Advent pay for Covid-19 tests and taxis to bring staff back to work Thirteen sued for £178m over alleged fraud at London Capital & Finance Ex-World Bank head Robert Zoellick: …

The main blog discussions this week include …. Why big banks get bigger (it’s all about Pac-Man) I’ve spent a long time writing about how bad banks are with technology and digital transformation … but I’ve never said banks will be eaten by technology. So many other companies and industries …

I’ve spent a long time writing about how bad banks are with technology and digital transformation … but I’ve never said banks will be eaten by technology. So many other companies and industries are destroyed by technology, but banking is not one of them. I laugh when I read about …

Things we’re reading today include … Phishing scam targets Lloyds Bank customers Citi poached a Goldman MD for one of the hottest tech jobs in banking Atom Bank cuts losses despite collapse of backer Woodford Tandem Bank due for major ‘restructuring’ as it winds down credit cards Tech stocks slide …

During the summer I teamed up with a colleague, George Ravich, to research views on the crisis amongst the financial community. We published the results in August, and here’s an update guest blog from George on the process.   New Research Finds Banking Industry Positive on Effects of Covid-Crisis Chris …

Things we’re reading today include … Why can’t I shop online without mobile banking? Bank of England’s Bailey slams EU barrier to investment banking services after Brexit Europe’s FinTech Mafia: Meet The Employees Who Became Founders Swiss regulator escalates inquiry into Credit Suisse spying scandal Head of German financial watchdog …