Home / Future (page 3)

Future

Today is Money Rebellion Day

The climate activists of Extinction Rebellion expanded recently into a Money Rebellion, as I blogged about last Friday. Targetting the banks that pollute the planet – specifically Barclays and HSBC in the UK – they will hold a range of protests today, gluing themselves with locks to the entrance to …

Read More »

Are most ESG efforts just PR stunts?

I wrote two years ago about the BS that Blackrock talk about the climate. I mentioned this issue again in my update on the Money Rebellion last week and what really makes me angry is that  financial firms like Blackrock sign up to global agreements to protect the environment, and …

Read More »

Data is the key

I’ve recently contributed to an Oracle report, providing the foreword – the report can be downloaded here – and highlights how data is changing the financial services landscape, and how banks can: thrive in the face of ravenous competition from digital banks, fintechs and tech players build an open banking …

Read More »

Why I hate the term ’embedded’

OK, I’m a Victor Meldrew and have several pet hates. In particular, people who use corporate-speak … Source: Forbes In banking, there are two terms I hate: channel (and all of its derivatives like omnichannel and mulitchannel) and, more recently, embedded. Folks who regularly read the blog know that I hate …

Read More »

Smaller banks have the happiest customers

Following on from why startups will fail if they compete head-to-head with a bank, I got this headline the other day saying that smaller banks have the happiest customers. The latest analysis of feedback and complaints data conducted by consumer website Fairer Finance shows that big brands such as Halifax, Nationwide, …

Read More »

A billion excluded women is a disgrace

WARNING: THIS IS WOKE (whatever that is) We talk a lot about diversity and LBTG+ and equality, but it’s still a long way off. In fact, I get annoyed when I see online forms with gender and title choices designed for the last century. Why is this irritating? Specifically, why …

Read More »

bitcoin is dead, long live bitcoin!

I’ve not talked much about bitcoin on the blog lately*, but I have tweeted a lot about it. The key take-away? It’s not going away. People have said bitcoin is dead thousands of times. In fact, there’s a website dedicated to the subject, tracking and tracing the death of bitcoin: …

Read More »

The world according to Jamie Dimon

I read Jamie Dimon’s shareholder letter with interest this week. His message does not read like a shareholder letter from a banker …   Banks “are facing extensive competition from Silicon Valley, both in the form of fintechs and Big Tech companies (Amazon, Apple, Facebook, Google and now Walmart), that …

Read More »

The Roaring 2020s

I blogged the other day about a $3 trillion spending spree, that I just didn’t see happening. The points I made were: it is the higher income families who have been most comfortable during this lockdown, along with essential workers who have seen no change in pay; but who has …

Read More »