Chris Skinner's blog

Shaping the future of finance

Payments

Report shows that IT guys steal

Finanser sponsor Cisco released a report yesterday that has grabbed a ton of headlines: IT guys steal Yep, all you techie, geeky, propeller heads out there are thieving criminalistic mafiosa types. Or so Cisco say anyway. How do they come to this conclusion? Because laid-off workers from banks’ IT departments during the credit crunch are…

Cisco

Twitter is not for teens, Morgan Stanley

It surprises me to read that a teen intern's paper on social media has created a massive flurry of interest in Morgan Stanley and their clients' middle-aged management teams. "The Financial Times reported today that the US investment bank's European media analysts asked Matthew Robson, a (15-year old) intern from a London school, to write…

Cisco

The paperless bank is not coming

After NatWest offered to pay my mortgage for a year if I switched to paperless banking, it came as a surprise to get my Barclaycard statement this morning, on paper, with this page: Conversation in the Barclaycard Marketing Office: Chief Marketing Officer: "Now then, how shall we use our spare pages in card statements to…

Barclaycard

The paperless bank is not coming

After NatWest offered to pay my mortgage for a year if I switched to paperless banking, it came as a surprise to get my Barclaycard statement this morning, on paper, with this page: Conversation in the Barclaycard Marketing Office: Chief Marketing Officer: "Now then, how shall we use our spare pages in card statements to…

Barclaycard

More on remittances

After my scribble on remittances the other day, it is timely to talk about this as it relates to the G8 Summit taking place in Italy this week. During the buildup to this meeting campaigners have been reminding the leaders of their obligations to Africa, especially Italy and France who reneged on their pledges of…

Tesco

More on remittances

After my scribble on remittances the other day, it is timely to talk about this as it relates to the G8 Summit taking place in Italy this week. During the buildup to this meeting campaigners have been reminding the leaders of their obligations to Africa, especially Italy and France who reneged on their pledges of…

Tesco

More on remittances

After my scribble on remittances the other day, it is timely to talk about this as it relates to the G8 Summit taking place in Italy this week. During the buildup to this meeting campaigners have been reminding the leaders of their obligations to Africa, especially Italy and France who reneged on their pledges of…

Tesco

More on remittances

After my scribble on remittances the other day, it is timely to talk about this as it relates to the G8 Summit taking place in Italy this week. During the buildup to this meeting campaigners have been reminding the leaders of their obligations to Africa, especially Italy and France who reneged on their pledges of…

Tesco

The paperless bank is coming

Nice email from NatWest today encouraging consumers to switch to paper-free banking: No real commentary on this … … except that isn’t it a bit weird that the benefit is that you’re protected against identity theft by having no paper around … … and yet you need the paper statements to prove your identity. Oh…

Natwest paperless

A mess of clearing …

This week has been spent in a debate about clearing and settlement systems. I’ll post something with more depth about this later in the week, but the most interesting dialogue has been about the US versus EU approaches. The American system exists with a few core clearing systems based around the major exchanges – the…