Chris Skinner's blog

Shaping the future of finance

Payments

Internet Banking: 2010 and beyond

I’ve been reading a range of articles about the next generation internet, or the semantic web as it is called by those in the trade. Semantic is a method of looking for the meaning and relationships between things, and the semantic web effectively moves us away from files and downloads to databases and integration. In…

SEPA is working, according to corporates and banks

Unlike some of the sceptics about SEPA, I believe we are finally getting there. There’s still a long road ahead – the SEPA Direct Debits (SDD), the Payment Services Directive, effective card schemes using the SEPA Card Framework (SCF), D+1 and more still need to be implemented – but we are heading in the right…

With zero charges and zero spread, how is a bank meant to make money?

With Faster Payments going live on 27th May, the question the banks are really struggling with is how to make money. FPS means that banks no longer make money on their float, as we are talking D. Not D+1, 2 or 3 or more. Just D, as in Just Do It and Do It Now. …

With zero charges and zero spread, how is a bank meant to make money?

With Faster Payments going live on 27th May, the question the banks are really struggling with is how to make money. FPS means that banks no longer make money on their float, as we are talking D. Not D+1, 2 or 3 or more. Just D, as in Just Do It and Do It Now. …

What a bunch of bloggers

I was honoured today to join a panel at the Digital Money Forum of global bloggers, all of whom I think deliver great value to our industry. First was Dave Birch of Consult Hyperion. Dave runs the Digital Money Forum and the Digital Money Blog. He’s a regular blogger on new payment systems, especially areas…

What a bunch of bloggers

I was honoured today to join a panel at the Digital Money Forum of global bloggers, all of whom I think deliver great value to our industry. First was Dave Birch of Consult Hyperion. Dave runs the Digital Money Forum and the Digital Money Blog. He’s a regular blogger on new payment systems, especially areas…

Clearing – the last barrier to a financially unified Europe?

This question occurs to me because it’s top of mind with Charlie McCreevy, the European Commission and also many of the discussions taking place today in Paris at a tradeshow focused upon investment banking. Buy and sell side firms have gathered to debate algorithmic trading, dark pools of liquidity, multilateral trading facilities (MTFs), smart order…

Clearing – the last barrier to a financially unified Europe?

This question occurs to me because it’s top of mind with Charlie McCreevy, the European Commission and also many of the discussions taking place today in Paris at a tradeshow focused upon investment banking. Buy and sell side firms have gathered to debate algorithmic trading, dark pools of liquidity, multilateral trading facilities (MTFs), smart order…

PayPal gives banks a free phishing lesson

Reading the PayPal blog is worthwhile, particularly as this item appeared the other day. It’s all about stamping out phishing with Michael Barrett, chief information security officer, blogging about the ways in which PayPal were attacking this issue. As PayPal and eBay are the target of three-quarters of all phishing attacks, according to Sophos in…

PayPal gives banks a free phishing lesson

Reading the PayPal blog is worthwhile, particularly as this item appeared the other day. It’s all about stamping out phishing with Michael Barrett, chief information security officer, blogging about the ways in which PayPal were attacking this issue. As PayPal and eBay are the target of three-quarters of all phishing attacks, according to Sophos in…