Several people pinged me yesterday to highlight the fact that Bitcoin has now become a target of the major payments processors. Not for acquisition. Not for partnership. Not for joint ventures. Not for support. No. Bitcoin is obviously becoming a threat to mainstream operations as it is now an active shut-down target. This was demonstrated…
The European Parliament agreed the SEPA end-date today, making it legally binding for banks to offer SEPA payment processes from 1st February 2014. Here's the Parliament's press release: Cross-border bank transfers should become faster, cheaper and safer for EU citizens thanks to "single European payments area" legislation passed by Parliament on Tuesday. EU-wide rules to…
We have a continual dialogue about Renminbi (RMB), or Chinese Yuan (CNY) if you prefer. What’s the difference? Well, Remnimbi is the proper term for the Chinese currency, as is referring to UK currency as the Pound Sterling and the American currency as the Dollar; whilst Yuan is the more colloquial term for Remnimbi, and…
There are regular discussions at the Financial Services Club, conferences and meetings about the cashless, branchless future. Visa and MasterCard are huge advocates of a war on cash, as are the mobile wallet providers. Brett King and the Bank 2.0 crowd talk lots about a branchless world of banking and how branches are all irrelevant…
There are regular discussions at the Financial Services Club, conferences and meetings about the cashless, branchless future. Visa and MasterCard are huge advocates of a war on cash, as are the mobile wallet providers. Brett King and the Bank 2.0 crowd talk lots about a branchless world of banking and how branches are all irrelevant…
I delivered a presentation at the Association of Corporate Treasurer’s (ACT) conference on the relationship between corporate treasurer’s and their bank advisor called: Corporate-to-Bank Relationships: Brilliant or Broken? View more presentations from Chris Skinner. The ACT used the title of this presentation as a question in the interactive voting at the start of the day,…
I presented a keynote at the Association of Corporate Treasurers (ACT) conference in London the other day … … and it was interesting. Various discussions about all sorts of things you would expect – FX Hedging, Eurozone exposures, Basel III, counterparty risks, liquidity, leverage, etc – and a few you don’t hear about so often –collateralisation…
I presented a keynote at the Association of Corporate Treasurers (ACT) conference in London the other day … … and it was interesting. Various discussions about all sorts of things you would expect – FX Hedging, Eurozone exposures, Basel III, counterparty risks, liquidity, leverage, etc – and a few you don’t hear about so often –collateralisation…
We had our annual pantomime debate at the Financial Services Club this week, with a classical Oxford style debate about whether SEPA, the Single Euro Payments Area, matters or not. This year, with the backdrop of the Eurozone implosion, the debate was far livelier than usual, with a lot of spicy discussion about countries defaulting,…
We had our annual pantomime debate at the Financial Services Club this week, with a classical Oxford style debate about whether SEPA, the Single Euro Payments Area, matters or not. This year, with the backdrop of the Eurozone implosion, the debate was far livelier than usual, with a lot of spicy discussion about countries defaulting,…
