Chris Skinner's blog

Shaping the future of finance

Payments

European Regulators scramble to plug the gaps

David Doyle, policy expert on European financial markets, discussed the latest European financial services legislative movements at the Financial Services Club yesterday. David began with an outline of the priorities for the Czech Presidency of the European Union, which runs through to June: review of the Capital Requirements Directive for the capital adequacy of investment…

European Regulators scramble to plug the gaps

David Doyle, policy expert on European financial markets, discussed the latest European financial services legislative movements at the Financial Services Club yesterday. David began with an outline of the priorities for the Czech Presidency of the European Union, which runs through to June: review of the Capital Requirements Directive for the capital adequacy of investment…

European Regulators scramble to plug the gaps

David Doyle, policy expert on European financial markets, discussed the latest European financial services legislative movements at the Financial Services Club yesterday. David began with an outline of the priorities for the Czech Presidency of the European Union, which runs through to June: review of the Capital Requirements Directive for the capital adequacy of investment…

UK’s Faster Payments will start one day

After being pushed back six months to May 2008, due to the challenge of the developments required for Vocalink, APACS claim today that the Faster Payments Service has been a great success. The good news is that RBS, Natwest and Barclays report that nearly 100% of their bill payments are made on the same-day. The…

Every credit and debit card has been breached

I cannot believe, when we’re all absorbed by the inauguration of a new President in the world’s largest economy, that Heartland Payments Systems had the lack of heart to release news that malware on their systems had been recording every payment made through their network to an external source. Heartland Payment Systems chose to release…

Every credit and debit card has been breached

I cannot believe, when we’re all absorbed by the inauguration of a new President in the world’s largest economy, that Heartland Payments Systems had the lack of heart to release news that malware on their systems had been recording every payment made through their network to an external source. Heartland Payment Systems chose to release…

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…

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…

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