Chris Skinner's blog

Shaping the future of finance

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The Finanser’s Week: 4th April 2022 – 10th April 2022

This week’s main blog discussions include … The metaverse will be worth trillions I stumbled across an interesting white paper from Citi the other day saying that the metaverse is an $8 to $13 TRILLION opportunity: “The total addressable market for the Metaverse could be between $8 trillion and $13 trillion by 2030, with total…

Things worth reading: 8th April 2022

Things we’re reading today include … Ethereum’s Coming ‘Merge’ Could Make or Break Crypto Bolt Pays $1.5B for Crypto Startup Wyre in Biggest Crypto Acquisition to Date Klarna founder ‘very excited’ about post-Brexit fintech regulation The Top 5 Reasons Why Fintech M&A Are on the Rise US imposes ‘severe’ sanctions on Russian banks after Bucha…

Things worth reading: 6th April 2022

Things we’re reading today include … HSBC Starts Metaverse Fund for Private Banking Clients in Asia Spot the difference: Bank of England ridiculed over £50,000 ‘new’ logo that looks almost identical to its old one Bank of America mobilised $250bn in sustainable finance last year The state of open banking in Europe — in 4…

Things worth reading: 5th April 2022

Things we’re reading today include: Bank had no firewall license, intrusion or phishing protection – guess the rest JPMorgan’s Dimon: Competition Between Banks and FinTechs Is ‘Intensifying’ JPMorgan’s Dimon warns of myriad issues for economy, bank B2B PAYMENTSNEO CEO Says Banks, Regulators Ignore Multicurrency Management Needs of EU Firms Israel takes global lead in fintech…

Things worth reading: 4th April 2022

Things we’re reading today include … How Starbucks made its deposits bigger than most banks 3 Ways To Play The $300 Billion Fintech Boom Short Sellers Bet Tether, Crypto’s Central Bank, Is Vulnerable to a Run What is going on at Barclays? Latest scandal sparks fresh concern Founder of cash-transfer app Revolut approached senior Bank…

The Finanser’s Week: 28th March 2022 – 3rd April 2022

This week’s main blog discussions included: Banks are funding $750 billion worth of fossil fuel projects EVERY YEAR The new Intergovernmental Panel on Climate Change (IPCC) Working Group III report has just come out. The report looks into the progress made in limiting global emissions and the available mitigation options across systems and sectors in…

Things worth reading: 1st April 2022

Things we’re reading today include … Banks face new standards on carbon emissions disclosure Wall Street Watchdog Cautions Banks on Trading Crypto Derivatives Bank fraud prevention scheme blocked £60m in fraud last year Death of the bank branch: How going cashless leaves millions financially stranded Ban on Russian bank deposits over £50,000 is illegal, warn…

Things worth reading: 31st March 2022

Things we’re reading today include … Cross River Bank goes from tiny to mighty, with a $3B+ valuation and a crypto-first strategy Middle and back office bank staff complain of miserable pay OakNorth enjoys 73% jump in profits as digital bank recovers bad loans China’s Mega Banks Face New Obstacles After Comeback Year Global banks…

Things worth reading: 30th March 2022

Things we’re reading today include … Is European fintech’s first quarter a sign of (slower) things to come? A look at all 35 international fintech startups at YC’s winter 2022 Demo Day Top Barclays investor ditches £900m stake in the bank as shares fall for fifth consecutive day Millions ignoring crucial warnings when making bank…

Things worth reading: 29th March 2022

Things we’re reading today include … UK tech ecosystem worth $1 trillion, with fintech dominating Emily Maitlis Opens Up About Terrifying Bank Scam: ‘I Feel Sick’ Some people ‘ignoring crucial name-check warnings when making bank transfers’ Taxpayer no longer majority NatWest shareholder Next steps on future oversight of Open Banking announced Fintech startup Jeeves raises…