Chris Skinner's blog

Shaping the future of finance

Payments

Europe, PayPal and SWIFT

Running around the conference and exhibition hall madly today and it’s no wonder that SIBOS already feels like a week, even though it’s only been a day.  A hard day’s night as they say. After meeting a few folks, chatting and networking, I dropped into the "CSDs and Custodians – Adapt or Die" session.  This…

An aria to e-invoicing

The last bit of my day today was chairing a discussion on e-invoicing. This is a regular debating slot I host on the IBM booth each year, and it’s now in its third year. This afternoon’s debate included Charles Bryant, former Chairman of the EPC and now working on e-invoicing with the EBA, and Bo…

Europe’s plans to restore confidence in the banking system

I’ve spent the last two days locked in a conference centre in Nice at a key meeting of finance ministers, politicians, policymakers, bankers, insurers and exchanges. You can tell the type of meeting by the number of lashes each person has received by the tongues of their counterparties. Wonderful to watch and be a part…

Banking in a zero margin world

I know I go on and on and on about Web 2.0 and social media, but I do this because these trends illustrate a fundamental shift in the way we live. The fact I’m blogging here every day, downloading music and film files, connecting globally with all my friends, family and business colleagues through my…

Is your bank ready to be an MVBO?

I spent yesterday with a group of Japanese bankers discussing the future of banking. Actually, I say ‘discussing’ but Japanese bankers are very polite and so there were very few questions. Therefore, I spent yesterday with a group of Japanese bankers telling them about the future of banking. All of this was with simultaneous translation…

The Ingredients of a Viennese Whirl

Hi everyone.  After a week away, I’m back: relaxed, recharged and reinvigorated. I don’t know about you, but when I get back to the office I immediately wonder, “What’s happened? What’s new? What’s changed?” Looking at SIBOS, the SWIFT tradeshow starting in Vienna next week, one thing that should be changing faster is SEPA’s implementation…

How many cards are left in Chip&PIN terminals every day?

The banking industry continually seeks to find cost-effective methods to minimise fraud, although often in a way that creates issues or insecurities with the customer.  A great example is the UK’s implementation of Chip&PIN, with Canada, France and other countries implementing similar programs. From a personal perspective, the one thing I have noticed is that…

eBay and PayPal’s Australian challenge

Is it just me, but the news today that eBay are trying to force all Australian users of its website to use PayPal seems to be a bit of a strange strategy.  Don’t they remember that PayPal succeeded because it was available across all sites and did not have the same restrictive practices or usage…

eBay and PayPal’s Australian challenge

Is it just me, but the news today that eBay are trying to force all Australian users of its website to use PayPal seems to be a bit of a strange strategy.  Don’t they remember that PayPal succeeded because it was available across all sites and did not have the same restrictive practices or usage…

eBay and PayPal’s Australian challenge

Is it just me, but the news today that eBay are trying to force all Australian users of its website to use PayPal seems to be a bit of a strange strategy.  Don’t they remember that PayPal succeeded because it was available across all sites and did not have the same restrictive practices or usage…