Chris Skinner's blog

Shaping the future of finance

Payments

Jibun Bank: a mobile telephone only bank

I’ve talked about UMPay, a JV between Unionpay and China Mobile, as well as eBank, an internet bank leader in Japan now owned by an etailer, Rakuten Group. This leads nicely into what is probably the most innovative bank I've seen so far: Jibun Bank, a Japanese bank which translates into ‘my bank’ in English….

EBank5

Jibun Bank: a mobile telephone only bank

I’ve talked about UMPay, a JV between Unionpay and China Mobile, as well as eBank, an internet bank leader in Japan now owned by an etailer, Rakuten Group. This leads nicely into what is probably the most innovative bank I've seen so far: Jibun Bank, a Japanese bank which translates into ‘my bank’ in English….

EBank5

Mobile payments in China

Researchers estimate that there were only 83.5 million online payment users in China in 2006, due to the lack of access to payment cards. Admittedly, Tencent with the QQ coin has enabled more payments outside the banking system, but the lack of access to e-payments has been an inhibitor to the democratisation of commerce in…

UMPay2

Living in a third world cards country

With that title, I bet you thought I was going to blog a bit more about China and how their card systems are developing. Wrong. In fact, China, Russia, South Africa and many other emerging nations have robust, reliable and secure card networks, thanks to new infrastructures and ideas.  For example, most of Eastern Europe,…

Playing the China card

Back in 2006 I toured around Asia discussing the rise of Indian and Chinese banks and the fact that, before the end of the decade, Chinese banks would dominate the top tier of banks globally. The analysis also formed the opening chapters of my book, as well as several other research reports. The origin of…

Kapron Asia

Playing the China card

Back in 2006 I toured around Asia discussing the rise of Indian and Chinese banks and the fact that, before the end of the decade, Chinese banks would dominate the top tier of banks globally. The analysis also formed the opening chapters of my book, as well as several other research reports. The origin of…

Kapron Asia

Playing the China card

Back in 2006 I toured around Asia discussing the rise of Indian and Chinese banks and the fact that, before the end of the decade, Chinese banks would dominate the top tier of banks globally. The analysis also formed the opening chapters of my book, as well as several other research reports. The origin of…

Kapron Asia

Numbers, Part Twelve: Remittances

This is the first numbers note for a while but, after an interesting day learning all about the latest in remittance markets, it's time to post one today. I’ve often talked about the remittance markets and chaired a meeting today where SWIFT, Wells Fargo, Earthport, Citi, Western Union, ICICI Bank and more outlined the progress…

Numbers, Part Twelve: Remittances

This is the first numbers note for a while but, after an interesting day learning all about the latest in remittance markets, it's time to post one today. I’ve often talked about the remittance markets and chaired a meeting today where SWIFT, Wells Fargo, Earthport, Citi, Western Union, ICICI Bank and more outlined the progress…

Should we challenge our trust in money?

Payments is an area that has a positive vibe in banking as 'Transaction Services' – the payments processing part of a bank – is one of the more profitable and reliable businesses right now.  I don't think this will happen, but could even this be threatened by the loss of confidence people feel with banks…

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