This week’s main headlines include … Is technology making life better or worse? We had a big debate in our NFI group the other day about whether technology is improving our lives or making things much more complicated. It used to be that you could walk around without a mobile or laptop and life wasn’t…
This week’s main blog discussions include … How Facebook failed at finance I haven’t written much about Facebook’s digital currency Diem, as there’s not much to write about. A dead duck from day one, it would never succeed. I said so back when it launched in 2019: The bottom-line is that Facebook may have developed…
This week’s main blog discussions included … Financial sanctions: a reality check Some friends were applauding Visa and MasterCard’s decision to throw Russia off their payments networks over the weekend. Both companies handle 90% of all debit and credit card payments outside of China – and their announcements will deal another significant blow to the Russian…
The main blog discussions this week include … A SWIFT slap on the wrist During the weekend, there was some real action against Russia and specifically Vladimir Putin. The aim is to freeze Russia’s assets, worth around $630 billion, around the world. ‘A global financial pariah’: how central bank sanctions could hobble Russia The ban…
This week’s main blog discussions include … The last thing we need is for banks to innovate I stumbled across an interesting report by Clarivate who, using a statistical analysis, have identified the 100 most innovative companies in the world. Technology advancement is a complex composition of talent, of competition and of need. New ideas…
This week’s main blog discussions include … Should you have ‘bank’ in your brand? The Financial Brand published an interesting piece challenging the use of the word bank in a brand. It got me thinking, and agreeing with their summation, which is yes. Sure, you can have Chime, Chase, Citizens and Truist, but is that…
This week’s main blog discussions are … A banker responds to Extinction Rebillion’s call I had quite a lot of response to Gail Bradbrook’s post on February 1. It would be too much to share all, but this particular email from a friend (former CxO at a Big Bank) was the most detailed and illuminating,…
This week’s main blog discussions include … FinTech’s growing pains and toxic cultures I find it interesting reading the articles about toxic cultures at Revolut. If you Google “Revolut Culture”, the second search item is this one: “You’re nothing but a number to them with dollar signs attached.” That’s how Revolut, one of the fastest…
This week’s main blog discussions included … We need to talk about crypto Crypto is in its usual rollercoaster mode with bitcoin prices halving in January, but then it did the same in January 2021. Regardless of this and, building on yesterday’s blog, there’s an interesting trend I’ve spotted, and it is the reason why…
This week’s main blog discussions include … A great list of central bank thinking about digital currencies (#CBDC) Madhvi Mavadiya, Head of Content at Finextra, just posted a great list of developments in Central Bank Digital Currencies (CBDCs). She promises to keep it updated and the link is here. It covers every country from Antigua…
