Chris Skinner's blog

Shaping the future of finance

Payments

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

Does anyone care about Square?

We will soon live in a world without payments. As retailers integrate more of the financial transaction into their trade processes, the more we live in a world where payments become increasingly irrelevant. The ability to walk into a coffee shop and get that cappuccino without scrambling for the change or haling a taxi and…

Paypal_here_dongle_0

SEPA end-dates: the challenges of compliance

Open an industry publication these days and you will find articles, reports and comments lamenting the "SEPA end-date" of February 2014. In just a few months' time massive changes will take place in the payments industry in Europe, impacting banks, corporates, clearing houses and consumers. The Single Euro Payments Area project (SEPA for short) will…

Mobile payments gorillas are already out there

It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business.  In fact, being close to the UK PayPal…

Mobile payments gorillas are already out there

It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business.  In fact, being close to the UK PayPal…

Not just a cashless future, but a moneyless one?

I was listening to a futurist talking about our planet, its growth, its overpopulation, the challenge of feeding the planet, sustainability and more, and in the middle of all of this he said that the future would have no money. No money. Zero. Nada. Nowt. A future without money? You must be joking. I mean…

MacRobot

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

What is the future?

Learn more

Learn more about Chris

About Chris Skinner

The Past, Present And Future Of Banking, Finance And Technology

Fintech expert Chris Skinner: countries need digital transformation to remain competitive

Join me on Linkedin

Follow Me on X!

Hire Chris Skinner for dinners, workshops and more

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Chris’s latest book

Order now

Chris Skinner’s ‘Intelligent Money’ Book Launch Event

Top 50 Global Thought Leaders and Influencers on Finance 2024

Global Awards

Lifetime Achievement Award

Global 100 - 2024 Winner

Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023

Best Financial Markets Advisor of the Year 2023

30 Best Regtech Blogs and Websites 2023

Kids creating the future bank | TEDxAthens

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser