Things we’re reading today include … iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw U.K. Shoppers Have One Year to Spend £24 Billion of Old Bank Notes This …

For many years I’ve enjoyed talking about the origins of banking with the Medici’s in the Renaissance era. Amazingly, one bank has survived since then and I use them to talk about the oldest bank in the world. Do you know which bank that is?         Monte …

Thing we’re reading today include … Need to call your bank? Many can now dial 159 for safety Metro Bank techies placed at risk of redundancy, severance terms criticised Jamie Dimon says the bank is preparing for a ‘potentially catastrophic’ federal default China Evergrande to sell $1.5 bln stake in …

I’ve watched Marcus for a while and was not surprised to see its founder is leaving. There are those who are great at building companies and those who are great at running companies. They are rarely the same person. In fact, some of the greatest companies were created by builders …

Things we’re reading today include … ‘If Bitcoin Is Digital Gold, Then Ethereum Is Digital Silver’: Deutsche Bank Early Spotify investor Dragoneer in talks to back $10bn digital bank N26 Barclays app and online banking down as customers unable to make or send payments Tension mounts as Monte dei Paschi …

Making a statement I was intrigued by a news headline that Lloyds Bank is turning bank statements into art. Sounds ridiculous? Who gets a bank statement anymore? We use an app. But then I read the piece and was more intrigued as yes, it’s been created with an artist. The …

Things we’re reading today include … IMF chief denies trying to boost China in World Bank rankings Central Banks Turning Slowly in Ending Pandemic’s Easy Money Era Bank Australia suffers outage, leaves customers stranded for hours ‘India needs at least 4-5 more banks like SBI’ Evergrande Was Credit Suisse «One-Bank» …

This week’s main blog discussions include … Branches, cash and cards? Get out of here! I’ve been presenting and writing about the end of branches, cash and cards for twenty years: 2007: Bank strategies are fundamentally flawed – design around IP, not branches To be clear, I’m not saying they’re …

I haven’t blogged much about my friends from Hangzhou (China) lately, as it is all in a state of flux, but what I can say is that the will of the people – President Xi – appears to be strong. If you haven’t seen the latest nuance, Ant Group are …

Things we’re reading today include … Goldman Sachs executive who led consumer banking launch set to depart Monzo becomes first major bank to launch buy now pay later scheme – here’s how it stacks up Inflation is poised to top 4%: is the Bank of England asleep at the wheel? …

For years, people have argued that you need branches to serve customers for more complex transactions: to serve people who are uncomfortable with digital access; to serve young people getting their first mortgage; to serve retailers and small businesses with their cash needs; and so on and so forth. Baloney. …

Things we’re reading today include … Payments giant Nexi says it is working on digital euro with the European Central Bank Biden to Tap Crypto, Big-Bank Critic to Run Wall Street Watchdog Fed to release paper on central bank digital currency soon, Powell says Bank of England’s reputation is at …

I’ve been presenting and writing about the end of branches, cash and cards for twenty years: 2007: Bank strategies are fundamentally flawed – design around IP, not branches To be clear, I’m not saying they’re dead. I’ve been saying their role is replaced by the network and digitalisation. Digitalisation is …

Things we’re reading today include … Banks say draft capital rules make cryptoassets too costly to trade ‘We are not a bank – and you can take that to the bank’, says digital banking CEO Cash-strapped Evergrande missed interest payments due Monday The U.S. Is Losing the Global Race to …

I watch too much online these days. Streaming from Amazon, Netflix, Apple TV and more, means you can spend the whole day just binge-watching rubbish. I’ve found myself reverting to watching some older movies, like those made in the 2000s. Fifteen years. 15 years. 15yrs. It’s a long time passing. …