Chris Skinner's blog

Shaping the future of finance

Payments

The Future of SWIFT: a meeting with Gottfried Leibbrandt

Still busy in the Financial Services Club world with meetings in Stockholm, Vienna, Warsaw and London all in the past two weeks. The interesting theme of all these meetings, and those in our future plans, is the digitisation of banking. Most notably, the Chi-x BAT effect noted in our Stockholm launch meeting of the Nordic Financial…

Gottfried1

The Future of SWIFT: a meeting with Gottfried Leibbrandt

Still busy in the Financial Services Club world with meetings in Stockholm, Vienna, Warsaw and London all in the past two weeks. The interesting theme of all these meetings, and those in our future plans, is the digitisation of banking. Most notably, the Chi-x BAT effect noted in our Stockholm launch meeting of the Nordic Financial…

Gottfried1

The Future of Money (in Denmark)

One of our partners at the Financial Services Club is CFIR, the Copenhagen Finance IT Region. CFIR is an EU-funded networking group in Denmark who produce research and events around the developments in Danish banking and payments. Over the past year, CFIR has worked with the Copenhagen Business School, IBM, Danske Bank, NETS, the Innovation…

The Future of Money (in Denmark)

One of our partners at the Financial Services Club is CFIR, the Copenhagen Finance IT Region. CFIR is an EU-funded networking group in Denmark who produce research and events around the developments in Danish banking and payments. Over the past year, CFIR has worked with the Copenhagen Business School, IBM, Danske Bank, NETS, the Innovation…

Do the issues at RBS show that Fred Goodwin’s era was 1000% incompetent?

I know that it’s getting nearer to Christmas and the party season has kicked in, but yes, I’m still here blogging about banking business. There were lots of headlines about the second major RBS payments glitch last week.  Here are just a few: RBS suffers IT glitch on Cyber Monday, New Zealand Herald-3 Dec 2013 RBS and Natwest customers…

Cliff balance

Do the issues at RBS show that Fred Goodwin’s era was 1000% incompetent?

I know that it’s getting nearer to Christmas and the party season has kicked in, but yes, I’m still here blogging about banking business. There were lots of headlines about the second major RBS payments glitch last week.  Here are just a few: RBS suffers IT glitch on Cyber Monday, New Zealand Herald-3 Dec 2013 RBS and Natwest customers…

Cliff balance

Mobile makes invisible banking visible (again)

I’ve been thinking about the new providers of bank services a lot lately.  The guys who are innovating using mobile.  The Breeze’s of this world from StanChart, the mBank’s, the Simple’s and more.  One thing that is common to all is the turnaround of thinking.  All of them work with a different view of the…

Moven

What do corporates want? KYB (Know Your Bank)

Another day, another Financial Services Club meeting.  This time it was the turn of Colin Tyler, CEO of the Association of Corporate Treasurers. Colin delivered a fascinating presentation around whether banks are delivering for their corporate customers’ needs. Based upon my own notes of the evening, the answer appears to be: not really. Most corporates…

JPM ad 1980

What did you say, Pa?

I know there are so many jokes about SEPA that it's hard to come up with a new one but, with the title of this blog, I had to try.  Others include je ne SEPA for the French and the euro for the Greeks.  But the march towards harmonisation is continuing at pace, with the SEPA deadlines…

SWIFT commission a payments report from BCG

Just got a note from SWIFT today about a  new publication they’ve commissioned with BCG (Boston Consulting Group) into World Payments. Seems a bit strange as McKinsey and CapGemini already product great reports in this space. I don’t mind having another one though, especially as the results have been verified by the SWIFT network, so all numbers…

Exhibit 1