I’m writing more and more about Facebook launching its own cryptocurrency lately: Will Facebook become the world’s central bank? (March 2019) Will a global platform connect all of our money? (April 2019) This is because they are getting serious about payments and blockchain, after a variety of reports that they …

Things we’re reading today include … Top Banks ‘Investing $50 Million’ to Build Blockchain Settlement System Eye on lira, Turkey abandons plan to tap central bank reserves Bank of England built up Brexit war chest to avert possible sterling crisis Why Goldman Sachs should buy Deutsche Bank Deutsche Bank denies …

The main blog headlines are … Five phases of FinTech (2005-2027) Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech. The five phases of FinTech are (dates are rough guide): Disruption (2005-2014) Discussion …

Three years ago, I blogged about three phases of FinTech. Three years later, I can expand on that theme and talk about five phases of FinTech. The five phases of FinTech are (dates are rough guide): Disruption (2005-2014) Discussion (2014-2017) Partnership (2017-2022) Integration (2022-2027) Renewal (2027+) Phase One: Disruption (2005-2014) …

Things we’re reading today include … Lloyds to start paying quarterly dividends Bitcoin extends losses, down more than 20% to below $6,300 Top banking regulator stresses UK should not be ‘rule taker’ post-Brexit Mifid II critics are not seeing the big picture Metro Bank got there eventually, but this story …

Twenty years ago, I was doing a lot of work on business transformation and business process re-engineering (BPR). Most of the firms didn’t do transformation and viewed it as too risky. Instead they went for BPR for BPI … business process improvements. Incremental benefits rather than radical results. That was …

Things we’re reading today include … World’s Largest Banks 2019: U.S. Takes Aim At Chinese Dominance A false rumor on WhatsApp started a run on a London bank Payday lenders face sharp criticism as complaints rise 130% Buffett’s Berkshire unveils $861 million Amazon stake Mel Gibson says new film ‘Rothchild’ …

I was asked to speak to the theme of Banking for Humanity at a conference the other day, and it made me realise that the five areas I’ve recently been blogging about came together nicely. First, there’s financial inclusion which is the theme of Digital Human. The fact that anyone …

Things we’re reading today include … A WhatsApp Rumor Challenges Metro Bank Bank of England warned criminal charge could destabilise Barclays Fraud complaints hit record high as banks’ new anti-scam measures delayed Bank of France is Closely Watching Stablecoin Developments Bank of England calls for ‘super shield’ against cyber attacks …

Henry Ford famously stated: “If I had asked people what they wanted, they would have said faster horses.” Of course they would, as they had no idea what anything else was. In fact, I use this story often as a Victorian vision of the future was a steam-powered robot horse. …

Watching the BBC, I often see reports on the elderly being ripped off, scammed and targeted by fraudsters. Here’s just a few recent ones: Hidden ‘shame’ of elderly scam victims – BBC News Reports of frauds on the elderly are ‘tip of iceberg’ – BBC News Bank staff ‘saving elderly …

Things we’re reading today include … MPs tell government to intervene if banks don’t do enough to halt branch closures Atom Bank seeks £50m after Brexit derails BBVA bid Holding Bankers to Account by Oonagh McDonald Exclusive: Turkey presses banks to agree high-stakes bailout of bad energy loans How Mifid …

The main blog headlines are … Bitcoin, Stablecoin, Blockchain, Enterprise Ledger … WTF? I used to blog about blockchain and cryptocurrency almost every day. I stopped as it got too hyped, scammed and boring. In fact, my last blog was about the blockchain hype being dead, but the blockchain dream …

I used to blog about blockchain and cryptocurrency almost every day. I stopped as it got too hyped, scammed and boring. In fact, my last blog was about the blockchain hype being dead, but the blockchain dream is still very much alive. Now, most people think that blockchain is something …

Things we’re reading today include … Why the Royal Mint stopped making 20p coins HSBC and StanChart under attack from China tech TSB expected to cut at least 100 jobs at head office Australian $50 note typo: spelling mistake printed 46 million times Uber-rich: the wealthy people who will get …