Chris Skinner's blog

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The Finanser’s Week: 16th August 2021- 22nd August 2021

This week’s main blog discussions include … Welcome to the Finverse Am I the only one fed up with catchphrases in tech to create the Next Big Thing (NBT)? Cloud, Big Data, Platform, Ecosystem, Kubernetes and more are regularly catching an ember to try to spark a fire. Sometimes it works – Digital and Banking-as-a-Service (I’m biased…

Things worth reading: 20th August 2021

Things we’re reading today include … Hackers steal nearly $100m in Japan crypto heist Mastercard faces biggest UK class-action lawsuit Revolut launches new feature to let customers access 50% of their salary early Challenger banks make reputational gains in business banking For bank regulators, tech giants are now too big to fail Singapore’s Central Bank…

Things worth reading: 19th August 2021

Things we’re reading today include … Mastercard to end magnetic strip on cards Mastercard resists $19 billion class action lawsuit in the UK Taliban will not be able to access most Afghan central bank assets U.S. and I.M.F. Apply a Financial Squeeze on the Taliban Revolut, the digital bank, advances up to half your monthly…

Things worth reading: 18th August 2021

Things we’re reading today include … Tesco Bank chaos: Britons unable to switch as current accounts close M&S Bank customers have just two weeks left to switch accounts before closures kick in Days May Be Numbered for the World’s Oldest Bank What will be the bank branch balance in the digital age? Bank customers urged…

Things worth reading: 17th August 2021

Things we’re reading today include … A progress report on fintech’s record-breaking year Bank Of America Is Losing Its Grip On Millennials As Fintechs Reinvent The Checking Account Banks ranked in latest UKGov customer survey results Starling Bank tops CMA’s 2021 business banking survey, while Monzo takes personal banking crown How to choose an ethical…

Things worth reading: 16th August 2021

Things we’re reading today include … These 13 banks have invested the most in crypto and blockchain to date Crypto-Friendly Bank Backed by Warren Buffett’s Berkshire Hathaway Plans $2 Billion IPO on Nasdaq GoldmanEye: former spy chief to advise investment bank on cyber issues Me me me … bankers chasing bigger bonuses Bendigo and Adelaide…

Things worth reading: 13th August 2021

Things we’re reading today include … ‘White hat’ hacker behind $610m crypto heist returns most of money as they just did it ‘for fun’ Circle announces plans to become a fully registered bank Banks in EU “window dress” to escape higher capital charges, says BIS paper Are ‘Green Banks’ Really Better for the Environment? Banks…

Things worth reading: 12th August 2021

Things we’re reading today include … Man’s handwriting was so bad, bank staff didn’t know he was trying to rob them Tesco Bank switches delayed as it struggles with demand after revealing plans to close its 213,000 current accounts Tesco Bank suspends account switching after flood of requests Co-working spaces, coffee bars and consultation booths:…

Things worth reading: 11th August 2021

Things we’re reading today include … UK fintech investment hits new record after £18bn buying spree Hackers steal $600m in major cryptocurrency heist Fortress-type resilience makes big banks hard to topple FCA/UK banks: branch preservation would lend advantage to fintechs UK banks face block on high street branch closures Will central bank digital currencies dethrone…

Things worth reading: 10th August 2021

Things we’re reading today include … Monzo community forum removed from bank’s website after trolling incidents David Cameron made $10m from Greensill Bank he lobbied for Tesco Bank struggles to cope with account switching Why banks fear central bank digital currencies Wannabe ‘social bank’ Kroo swerves VCs to raise a $24.5M Series A from HNWs…