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Huawei v USA: a timeline

After blogging about involvement in USA/China dynamics yesterday, I thought it pertinent to share a timeline of activities today that place context around the whole case. I could add more, but don’t want to bore you …   2007.2: Huaying (Huawei) bought Skycom. Ms. Meng was the Corporate Secretary of Huaying.   2007.11: Huaying sold Skycom…

Why did HSBC dump their biggest corporate client?

Talking about HSBC often drags me into political controversy. For example, when I criticised the bank for not making a stand over the Hong Kong protests, I got a lot of pushback. Frankly, I don’t like to dip my feet into political waters unless forced to and, in the spirit of that thinking, I was prompted…

The Finanser’s Week: 14th June 2021- 20th June 2021

This week’s main blog discussions include … If you think Open Banking is where it’s at, think again As someone who has set up a number of small businesses, there are three major tasks that I hate: Doing the accounts Tax returns Invoices As the business owner, all I want to do is my job,…

HSBC? Helping Suckers Become Castaways?

I love the Darwin Awards. For those who are unfamiliar – is anyone not aware of these awards? – they are given to those who remove themselves from the gene pool in the funniest or stupidest manner. My faves include the guy who launched himself in a chair attached to a host of helium balloons,…

What’s next for FinTech?

Money 2020 has just dropped an interesting report talking about FinTech 2.0 (although I’m already on FinTech 5.0). In fact 2.0 is a pretty old idea, as outlined in this blog from June 2016, so I think the context of the report is a bit off but the content is pretty good. Here’s the Executive…

If you think Open Banking is where it’s at, think again

As someone who has set up a number of small businesses, there are three major tasks that I hate: Doing the accounts Tax returns Invoices As the business owner, all I want to do is my job, to have fun, to get on with creating more customers and more business. However, the issue with accounts,…

The drive to be a digital-native bank

I posted a joke the other day. The joke was that we had not ordered anything online yesterday, and our usual delivery guy called by today to check we were OK. The joke made me realise something. The realisation is that we really have pivoted from a world of stores and streets to a world…

The radical restructuring to be digital – did you miss it?

I posted a joke the other day. The joke was that we had not ordered anything online yesterday, and our usual delivery guy called by today to check we were OK. The joke made me realise something. The realisation is that we really have pivoted from a world of stores and streets to a world…

The Finanser’s Week: 7th June 2021- 13th June 2021

This week’s main blogs include: Should banks have more technologists than Microsoft? I saw an interesting article about the Head of Technology at a major bank, let’s call it ABC Bank for the purposes of my column, and the article began by saying that this guy “commands a budget of $10 billion and a team of 40,000…

What does cashless really mean?

As we move from cash to cashless, turbo-charged by the pandemic, there is a fundamental challenge to ATM providers like NCR and Diebold Nixdorf. I had this view back in the 1990s. It’s just taken a quarter of a century to become a reality. In the UK Link, the largest cash machine network, said there…

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