Chris Skinner's blog

Shaping the future of finance

Payments

The future of the cash machine

I’ve blogged about the cash machine of the future before, with BBVA coming up with the idea of side-facing screens. Very nice too. Recently I saw some other variations of the cash machine, such as the new video ATMs being rolled out by banks such as Dollar Bank in America. And I thought ATM stood…

Ncr-pillar-atm

NFC: No Flippin’ Chance (or why contactless is a dead tech)

The world is a wonderful place, as times shift fast and things turn faster than an egg on a timer. Just as you get used to one technology, another comes along and turns things on its head. What technology do we mean? NFC. Near Field Communication. No Flippin' Chance. The more I think about NFC, the…

Screen Shot 2012-10-01 at 10.18.41

You should take Bitcoin seriously

I realised that it was over ten years ago when I started banging on about mobile payments and tablet computing.  It struck me particularly when I revived this video that I made back in 2000. From Chris Skinner's videos on Vimeo Some would say that video was / is visionary.  I would say that it was just ahead…

British Airways

The future of the payments terminal

I’m speaking at a conference on the future of payments today for one of the world’s largest suppliers of payments terminals. They asked me my views on the future of the point-of-sale, and I said that it would disappear. Not a good position to take when you’re the keynote speaker at a conference for a…

Mobile payments explode in India

I was jut updating a presentation about mobile payments. The presentation was from May 2011 and talked extensively about Google Wallet, Square and M-PESA. One year on and the presentation still talks about the same things but I am shocked and amazed about how much things have changed in just eighteen months. For example, the…

Screen Shot 2012-09-17 at 10.52.38

So how should a bank protect itself from hacktivists and cybercrime?

The real challenge for the banking system is how to protect their firewalls from attack by hacktivists, goverworms and cybercriminals and, conversely, how to deliver easy access to online banking for their clients and customers. It’s a real dilemma. On the one hand, everyone wants mobile access to his or her account balances and to…

Do you believe in NFC?

I ‘ve been talking about contactless for years now  - I remember talking about the Octopus card system about ten years ago after it launched in Hong Kong in 1997 – and still find it surprising how invisible it is. Sure it got some coverage at the Olympics but some, like Forrester, reckon that NFC mobile payments…

Contactless

The impact of mobile: bigger than you think?

This week’s TIME Magazine has a spread all about how mobile technologies are changing our world. There are stories of how it’s changing elections, charity, privacy and more, as well as getting rid of our wallets of course. The wallet piece is pretty weak to be honest, with the story of one of their journo’s spending a…

Mobile

Who are you f-ing Americans?

Standard Chartered paid off the new Sheriff of New York City, Benjamin Lawsky, to the tune of $340 million to get rid of the pest.  As Investec's commentator Ian Gordon said yesterday, they “acted with pragmatism and integrity in the face of extreme provocation”. What really gets me here is the whole USA versus the rest…

Screen Shot 2012-08-15 at 12.05.54

Square shakes up the mobile payments world more than most

More conversations about mobile payments with a wave of news this week: Google, Carriers, Credit Cards Unite on Mobile Payments Committee How Cheap NFC Changes the Mobile Payment Race What Square’s Starbucks Deal Means For Mobile Payments And An Apple iWallet My Mobile Payments floats operations in Britain Deutsche Telekom AG : Next step in…