Chris Skinner's blog

Shaping the future of finance

Payments

Why banking will be free (Part 1)

Some people cannot understand why I blog everyday and so frequently, especially as it's free.  They actually think I should charge something for this stuff! Sure, it would be nice, but I learned a long time ago that being free is far more effective than charging for everything.  In particular, I spent some time with…

Why banking will be free (Part 1)

Some people cannot understand why I blog everyday and so frequently, especially as it's free.  They actually think I should charge something for this stuff! Sure, it would be nice, but I learned a long time ago that being free is far more effective than charging for everything.  In particular, I spent some time with…

What does a $100 trillion note look like?

I blogged last year about Zimbabwe and their issues. Back then, ZW$10 million notes sounded like a lot: but they are not.  Today this note is worth just nothing in the local economy which is why, last June, the National Bank of Zimbabwe released the ZW$100 billion note: but ZW$100 billion is only enough to…

Q-photo-zimbabwe-currency-ten-million-dollars

What does a $100 trillion note look like?

I blogged last year about Zimbabwe and their issues. Back then, ZW$10 million notes sounded like a lot: but they are not.  Today this note is worth just nothing in the local economy which is why, last June, the National Bank of Zimbabwe released the ZW$100 billion note: but ZW$100 billion is only enough to…

Q-photo-zimbabwe-currency-ten-million-dollars

Mobile payment provider ‘infuriates’ banks

I've blogged a few times about M-Pesa.   The first time was in late 2007, when Citibank did a deal to roll the M-Pesa model worldwide for remittances.  Then again in 2008, when Royal Bank of Scotland (RBS) announced the idea of a business model based upon being an MBNO, a Mobile Banking Network Operator.  The idea of the latter…

Mobile payment provider ‘infuriates’ banks

I've blogged a few times about M-Pesa.   The first time was in late 2007, when Citibank did a deal to roll the M-Pesa model worldwide for remittances.  Then again in 2008, when Royal Bank of Scotland (RBS) announced the idea of a business model based upon being an MBNO, a Mobile Banking Network Operator.  The idea of the latter…

PayPal’s tenth birthday party

Last night was the first meeting of the FSClub for 2009. I wanted to make it a party, and rather than making it a party for the sake of a party, we made it a party for something else. The question is, what could we make it a party for? Motown? Possibly.  Motown celebrated fifty…

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PayPal’s tenth birthday party

Last night was the first meeting of the FSClub for 2009. I wanted to make it a party, and rather than making it a party for the sake of a party, we made it a party for something else. The question is, what could we make it a party for? Motown? Possibly.  Motown celebrated fifty…

Picture2

Microsoft moves into the mobile payments world

Payments News dropped me a note last week about Microsoft tags.  The basic idea is that you snap a picture of a tag using your mobile camera, and it then automatically links to the URL that the tag represents.  If you want to try it, snap a picture of the tag below which should link…

Tag

Microsoft moves into the mobile payments world

Payments News dropped me a note last week about Microsoft tags.  The basic idea is that you snap a picture of a tag using your mobile camera, and it then automatically links to the URL that the tag represents.  If you want to try it, snap a picture of the tag below which should link…

Tag