Chris Skinner's blog

Shaping the future of finance

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The Finanser’s Week: 31st May 2021- 6th June 2021

This week’s main blog updates include … What currency will you be using in 2121? Having watched the emergence of cryptocurrencies, digital currencies, blockchain and Distributed Ledger Technology (DLT) for a decade, I have made a firm view. Most of the people involved in this space are deluded and naïve; most of the people involved…

Things worth reading: 4th June 2021

Things we’re reading today include … Swiss Bank Admits to Laundering over $36 Million in FIFA Bribes The bank manager may want to know your carbon audit Bank of England aims for net-zero emissions before 2050 First Pakistan Digital Bank Starts in June After Fund Raise MAS supports charity to help those without bank access…

Things worth reading: 3rd June 2021

Things we’re reading today include: Banking: More Cost Than Benefit of Digitization? Climate change risks will affect U.S. bank capital in long-run – official Don’t divest dirty businesses, Deutsche Bank and BlackRock CEOs say Customers cut off from money as one in ten bank branches shut JPMorgan Chase on opening bank branches: 200 down, 200…

Things worth reading: 2nd June 2021

Things we’re reading today include: This Bank Is Better at Customer Service Than Just About Anyone Else Is BBVA’s shutdown of Simple a bad sign for bank-fintech mergers? Deutsche Bank ‘confirms move to adopt hybrid working’ as work-from-home era fades Digital currencies are the future for Russia’s financial system, central bank governor says Deal near…

Things worth reading: 1st June 2021

Things we’re reading today include … Saxo Bank becomes first bank to earn a Cloud Security Alliance (CSA) STAR Level 2 for its investment infrastructure as a service offering BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’ Singapore’s DBS Bank launches digital bond security token UK’s…

Things worth reading: May 31st, 2021

Things we’re reading today include … Counting the personal cost: when axing bank branches doesn’t add up Banks block payments to crypto exchanges Fed Admonishes Deutsche Bank for Ongoing Compliance Failures Fed Warned Deutsche Bank Over Anti-Money-Laundering Backsliding Banking regulations to be reviewed after winding down of Wyelands Bank Bank of Ireland moves Aine McCleary…

The Finanser’s Week: 24th May 2021- 30th May 2021

The main blog discussions this week include … We are the Robots I’ve claimed for some time that machines cannot do what humans do, because they have no heart. They purely do what we program them to do. True. Yet if you watch movies from Ex Machina to Terminator, machines can turn to do what…

Things worth reading: 28th May 2021

Things we’re reading today include … Bank transfer scammers steal £700,000 a day from UK victims Is your bank prepared to attract a tech-focused workforce? Digital Bank Upstarts Are Years Away From Profits in Hong Kong Investors criticize high pay at the new feel-good Deutsche Bank Deutsche Bank may ditch EY as its auditor after…

Things worth reading: 27th May 2021

Things we’re reading today include … Who Wants a Woke Bank? US banks accused of failing the public during Covid Stampede for digital currency poses a threat to our banking system Dominic Cummings’s explosive claim about the Bank of England Getting The Big Banks To Confront The Quantum Challenge HSBC withdraws from US retail banking…

Things worth reading: 26th May 2021

Things we’re reading today include … Ricky Knox departs Tandem, as digital bank takes new path In 2008, he was CEO of the biggest bank to ever fail. He’s worried about another crisis Big Bank CEOs to be grilled by Congress on drop in loans, diversity and ‘woke capitalism’ Deutsche Bank to move another 100…