Chris Skinner's blog

Shaping the future of finance

Payments

2009: the Year of the Euro

I cannot start 2009 without a nod to the euro, which celebrates its tenth birthday this year and provides so much work for us banking folks, especially those of us in the payments world. The euro has had an interesting period of formulation from its origins in 1992: February 1992 Maastricht Treaty signed by European…

Euro10years

Technology is a key for banking in 2009

I found a whole range of technology predictions for 2009.  One of the best general forecasts comes from Gartner, who say that the top ten technology areas to focus upon during an economic crisis are: 1. Reduce headcount or freeze hiring2. Renegotiate with technology and service providers3. Curtail data center expansion, virtualize assets and lease…

Technology is a key for banking in 2009

I found a whole range of technology predictions for 2009.  One of the best general forecasts comes from Gartner, who say that the top ten technology areas to focus upon during an economic crisis are: 1. Reduce headcount or freeze hiring2. Renegotiate with technology and service providers3. Curtail data center expansion, virtualize assets and lease…

Barclaycard’s business avoidance marketing campaign

I just had a great offer from Barclaycard for balance transfers. It was the usual thing, a marketing letter in the post with a big headline: "0% on Balance Transfers until October 2009" At the end of the letter, there's a bunch of cheques to send off to pay for things at 0% for 10…

Reviewing 2008: what’s your £1, €1, $1 worth now?

At this time of year, I always spend a while reviewing the year that has passed.  Last year, I lingered over discussions that reviewed retail banking, capital markets and payments. To be honest, I don’t need to do that this year as the year has been over-shadowed by one thing: SURVIVAL Can the bank make it…

Reviewing 2008: what’s your £1, €1, $1 worth now?

At this time of year, I always spend a while reviewing the year that has passed.  Last year, I lingered over discussions that reviewed retail banking, capital markets and payments. To be honest, I don’t need to do that this year as the year has been over-shadowed by one thing: SURVIVAL Can the bank make it…

Reviewing 2008: what’s your £1, €1, $1 worth now?

At this time of year, I always spend a while reviewing the year that has passed.  Last year, I lingered over discussions that reviewed retail banking, capital markets and payments. To be honest, I don’t need to do that this year as the year has been over-shadowed by one thing: SURVIVAL Can the bank make it…

einvoicing heaven or hell …

I mentioned the SEPA conference last week and only now have had the chance to write up its’ follow-on event, a one-day meeting focused upon e-invoicing. The e-invoicing conference was far more optimistic than the SEPA event, probably because it focused upon creating revenue-generating services for banks. First and foremost, a definition of e-invoicing always…

einvoicing heaven or hell …

I mentioned the SEPA conference last week and only now have had the chance to write up its’ follow-on event, a one-day meeting focused upon e-invoicing. The e-invoicing conference was far more optimistic than the SEPA event, probably because it focused upon creating revenue-generating services for banks. First and foremost, a definition of e-invoicing always…

You’re invited to PayPal’s 10th Birthday Party

With 2009 starting on a bit of a downbeat note, after the crisis of 2008, the Financial Services Club thought: what should we do to cheer everyone up? You guessed it, we decided to throw a party. But what's the point of starting the New Year with a party if you're not celebrating anything, so…