Chris Skinner's blog

Shaping the future of finance

Payments

More on Africa, Somalia, remittances, Barclays and HSBC

There have been some extraordinary activities of late, what with Barclays throwing money transmitters off their network and gaining the wrath of Mo Farah. HSBC has taken similar action, but went one step beyond and annoyed all the diplomatic embassies based here in London by shutting any they view as suspect accounts based upon five…

Mikelaven-currencycloud

61% of US internet users bank online

Pew Research is always producing interesting reports, but this one specifically caught my attention this week: 51% of US adults bank online. Over half of Americans are banking online or, if you translate that into those who use the internet (about 80% of US adults), then 61% of internet users bank online. More intriguingly is…

US online pew

61% of US internet users bank online

Pew Research is always producing interesting reports, but this one specifically caught my attention this week: 51% of US adults bank online. Over half of Americans are banking online or, if you translate that into those who use the internet (about 80% of US adults), then 61% of internet users bank online. More intriguingly is…

US online pew

Which country has the world’s best bank note?

Talking of banknotes and bank note designs, brings me to a final thought on this: which country has the world’s best bank note? Surprisingly, this is a debate that rages online by many commentators, newspapers and institutions.  There are books about it, and even an annual award for the world’s most beautiful banknote from the International Bank…

Cook Islands

Which country has the world’s best bank note?

Talking of banknotes and bank note designs, brings me to a final thought on this: which country has the world’s best bank note? Surprisingly, this is a debate that rages online by many commentators, newspapers and institutions.  There are books about it, and even an annual award for the world’s most beautiful banknote from the International Bank…

Cook Islands

The African bank crisis and remittances

I’m on holiday in Africa to get away from it all, but just to show that banking is a global business, there’s an ongoing banking crisis relating to Africa. I’ve been tracking the issue – that Barclays  is in the process of closing the accounts of a number of Authorised Payments Institutions, in the light…

That rocky rollercoaster called #Bitcoin

I keep thinking I should stop blogging about Bitcoin, as I’ve written so much about it already: Is Bitcoin the future of money … or are we smoking dope?  (October 2011) Bitcoin: immersive or subversive? (January 2012) You should take Bitcoin seriously (September 2012) A new currency payment system is about to explode (February 2013) The latest stats on…

Bitcoin amazon

That rocky rollercoaster called #Bitcoin

I keep thinking I should stop blogging about Bitcoin, as I’ve written so much about it already: Is Bitcoin the future of money … or are we smoking dope?  (October 2011) Bitcoin: immersive or subversive? (January 2012) You should take Bitcoin seriously (September 2012) A new currency payment system is about to explode (February 2013) The latest stats on…

Bitcoin amazon

The mobile hotspace just got hotter

We all know the story of Square, or we should by now, but times are getting interesting for them. Not only challenged by PayPal, whose recent launch of PayPal Here brings proximity payments to the world, they are also being challenged by suppliers like NCR, who are also getting in on the act with dongles…

Zinc