The Finanser’s Week: 25th October 2021- 31st October 2021
The blog’s main discussions this week included: COP26: what’s going on? The United Nations Climate Change Conference (COP26) takes place in Glasgow from 31 October – 12 November 2021. Triodos Bank have selected five key events they feel worth attending so, here they are: ‘Finance Day’ – Wednesday 3 November For the first time the COP has…

COP26: what’s going on?
The United Nations Climate Change Conference (COP26) takes place in Glasgow from 31 October – 12 November 2021. Triodos Bank have selected five key events they feel worth attending so, here they are: ‘Finance Day’ – Wednesday 3 November For the first time the COP has an official day of negotiations dedicated to the role of finance…

Take the Finverse more seriously
I’ve blogged a bit about the Finverse – where the metaverse and crypto come together – and was reading Jemima Kelly’s column on the FT about the Metaverse and crypto. She states: As far as I’m concerned, the hypocritical fantasy that underpins crypto also lies at the heart of the metaverse. This isn’t about building…

Banks’ bones are being picked apart by specialists … what will be left?
McKinsey estimate that payment processing will generate $2.6 trillion a year in fees by 2025, which raises this stream to 40% of a banks overall revenues. Whoopy-doo! But why are they forecasting banks have these revenues? I searched the article, and maybe my search missed something, but I didn’t see FinTech mentioned once, and yet FinTech…

Stripe and Klarna partner: how long till the global digital financial platform is built?
Four years ago, I was using this slide in my presentations. As I blogged at the time: “Those who recognise that banks are doing 1000 things average, will naturally come together to do 1000 things brilliantly.” The idea was that FinTech start-ups would start to align with each other to create global platforms. The first…

Developers are the new bankers
There was a good report the other day from Wells Fargo. The headlines: Banks spend $200 billion a year on technology, more than any other industry 100,000 banking jobs will disappear through automation in the next five years Most will be the low-paid roles in the bank that provide administration services 1 in 5 workers…

People need people, not just apps
This headline struck me: Barclays Bank branch to shut as only 15 people use it regularly Reading the report, Barclays spokesperson is quoted as saying that “85% of customers at the branch are using alternative ways in which to undertake their banking, including via the telephone, online and mobile app” and that, “in total, [only]…

The Finanser’s Week: 18th October 2021- 24th October 2021
This week’s main blog discussions include … Do you see the point of “Squid Game”? Like most people, I’ve watched and enjoyed Squid Game on Netflix (the original language version with subtitles, avoid the dubbed version), but did you get the point? I’ll avoid giving away too much, in case you still haven’t watched it,…























