Chris Skinner's blog

Shaping the future of finance

Payments

The Next Generation of Financial Services

I blogged last year about BBVA being the first bank to achieve a true Bank 2.0 solution for their customers and then yesterday about Wonga, a real webby disruption for loans.  Strangely enough, these two themes came together as an email dropped into my intray this morning announcing that Money Strands, the firm behind BBVA’s…

The Next Generation of Financial Services

I blogged last year about BBVA being the first bank to achieve a true Bank 2.0 solution for their customers and then yesterday about Wonga, a real webby disruption for loans.  Strangely enough, these two themes came together as an email dropped into my intray this morning announcing that Money Strands, the firm behind BBVA’s…

The Next Generation of Financial Services

I blogged last year about BBVA being the first bank to achieve a true Bank 2.0 solution for their customers and then yesterday about Wonga, a real webby disruption for loans.  Strangely enough, these two themes came together as an email dropped into my intray this morning announcing that Money Strands, the firm behind BBVA’s…

Wonga: another web disruption for loans

During the week, I enjoyed lunch with a venture capitalist who works with start-up firms that are innovating in financial services. One of the businesses he’s investing in is Wonga, another business that appears to be disrupting banks' business models in the same way as Zopa has been. I’d never heard of Wonga before, except…

Wonga: another web disruption for loans

During the week, I enjoyed lunch with a venture capitalist who works with start-up firms that are innovating in financial services. One of the businesses he’s investing in is Wonga, another business that appears to be disrupting banks' business models in the same way as Zopa has been. I’d never heard of Wonga before, except…

Wonga: another web disruption for loans

During the week, I enjoyed lunch with a venture capitalist who works with start-up firms that are innovating in financial services. One of the businesses he’s investing in is Wonga, another business that appears to be disrupting banks' business models in the same way as Zopa has been. I’d never heard of Wonga before, except…

Card Awards: and the losers are …

From the Financial Times today: Card charges rise in spite of low rates "Credit card providers have continued to raise charges in spite of historically low interest rates … "In the past year the cost of borrowing money on plastic has risen from 16.8 to 17.7 per cent. "Over the same period the prevalence of…

The Card Awards: and the winners are …

I was at the Card Awards last night and a grand and lavish affair it was, with over 1,000 people noshing through a 3-course fine dinner (although it was held in a tent in Battersea Park!). It was the usual dickey bows and taffeta dresses affair presented by the very engaging John Humphreys, host of…

$9 million in 30 minutes in a Global ATM scam

Following hot on the heels of the Heartland Payments Systems data breach, which compromised nearly every payment card in America, news broke yesterday on New York's Fox 5 that RBS WorldPay not only had the data hacked for around 1.5 million payroll and gift cards back on December 23rd, but also that the mag stripe…

$9 million in 30 minutes in a Global ATM scam

Following hot on the heels of the Heartland Payments Systems data breach, which compromised nearly every payment card in America, news broke yesterday on New York's Fox 5 that RBS WorldPay not only had the data hacked for around 1.5 million payroll and gift cards back on December 23rd, but also that the mag stripe…