Chris Skinner's blog

Shaping the future of finance

The relationship between banking, fintech and the Titanic

I hesitate to write this, as it is controversial. But then I am not afraid to confront controversy. After the tragic implosion of Titan, the OceanGate submersible submarine that was doing the deep dive to the Titanic … … emails came to light where the founder of OceanGate, Stockton Rush, flagrantly disregarded warnings that the…

What happened at Money 20/20 Europe?

During Money 20/20 Europe in Amsterdam in June, a few friends were there and provided a nice wrap-up of the events on their blogs. First, Jim Marous was there, and here is his take on the event. The Future of Banking + Fintech as Seen at Money 20/20 Europe Within the first few hours of…

The Finanser’s Week: 19th June – 25th June 2023

This week’s main blog discussions include … Dame Alison Rose on creating a purpose-driven bank (NatWest) I stumbled upon a podcast the other day. It intrigued me as it’s all about building a blueprint for a better business and, in episode 2, the host – Charles Wookey (nothing to do with Star Wars) – had managed…

This week’s FU! (Episode 28)

A major bank points to a $15 trillion potential wave crashing through financial services – will this be a bigger disaster than climate change or the opportunity of a lifetime for financial services? Will the IPO of a 183 year old bank on the London Stock exchange give a much needed boost to investor confidence?…

Dame Alison Rose on creating a purpose-driven bank (NatWest)

I stumbled upon a podcast the other day. It intrigued me as it’s all about building a blueprint for a better business and, in episode 2, the host – Charles Wookey (nothing to do with Star Wars) – had managed to catch the head of NatWest Group, Dame Alison Rose, about how to create a purpose-driven…

The Office of the CFO

I stumbled over this phrase the other day – The Office of the CFO – and thought it was interesting. It’s interesting because, as a Chief Financial Officer, CFO, you need to show knowledge and depth about money. That’s your job. So, as a CFO, what would you do today? Place money in a bank…

The true horrors of bank bureaucracy

Every now and again, a newspaper produces a piece that is amusing, interesting and enlightening about banking. The Daily Telegraph did just this the other day and I liked it so much that I’ve stolen it to reproduce here. Enjoy … The true horrors of British bank bureaucracy Telegraph readers showcase the true horrors of…

How much energy should a monetary system consume?

I caused quite a debate on twitter over the weekend when sharing the supposed fact that one bitcoin transaction uses the same amount of energy as a US household uses over a month. ONE Bitcoin transaction uses the same amount of energy as a US household uses over a monthhttps://t.co/1z5HgzRLRo — Chris Skinner (@Chris_Skinner) June…

The Finanser’s Week: 12th June – 18th June 2023

This week’s major blog discussions include … AI will save us, not kill us Marc Andreesson of Andreesson Horowitz fame, the leading investor in fintech start-ups, published a long piece on how AI will save us the other day. It is well worth a read, but it is a long read (about 30 minutes) so,…