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I was intrigued by a comment made by Anne Boden, founder of Starling Bank, on a panel I chaired the other day.  Anne used to work for ABN Amro, AIB and RBS, and is now a Fintech start-up and her comment went along the lines of: “I’ve now realised that the simple changes I needed…

When I was growing up, America was the superpower that we followed and Russia was in a Cold War.  Today, there are two superpowers – America and China – and Russia is still in a bit of a Cold War that might be thawed by Donald Trump. So when it comes to Fintech, there’s two…

I’ve recently been wowed by series such as House of Cards (Netflix) and The Man in the High Castle (Amazon), and am really blown away by The Crown (Netflix) and The Grand Tour (Amazon).   I’m blown away not because these are good internet shows, which they are, but by the budgets being spent on them….

I talk to a lot of wealth managers and private banks. They want to lead in digital as their clients are the coolest, richest people on the planet.  It used to be that everything for a high net worth (HNW) client was face-to-face; now it’s skype-to-skype; tomorrow it’s machine-to-machine. The large wealth managers, private banks…

I blogged the other day about too many banks and that there’s not a big enough market for forty of them here in Britain.  It made me think about what do customers really want?  We talk about digital, apps, mobile and more, and yet the average customer … are they bothered?  I suspect that many…

This week’s main blog items are … A Banking Carol It was almost December 25, Christmas, and Jimmy Diamond was a happy man for a change. Just this week his bank had opened 100,000 new customer accounts (even though only 25,000 people had visited the bank); they had managed to sneak an extra 1% onto…

It was almost December 25, Christmas, and Jimmy Diamond was a happy man for a change. Just this week his bank had opened 100,000 new customer accounts (even though only 25,000 people had visited the bank); they had managed to sneak an extra 1% onto credit card holders balances (without informing most cardholders explicitly of…

An interesting week as R3 goes through restructuring.   Santander and Goldman Sachs leave and the Monetary Authority of Singapore, a regulator, join.  Interesting. Since R3 arrived on the scene in 2014, it has been a train of technology.  The consortium started on September 15, 2015 with 9 financial companies: Barclays, BBVA, Commonwealth Bank of Australia,…

I’m a big fan of Kraken, the digital currency exchange in California, as it’s my main exchange for investing in digital assets.  If you want to know more, checkout their general overview at the end of this blog.  I’m also a fan of their blog, which regularly sends me interesting stuff and they’ve just launched…