Chris Skinner's blog

Shaping the future of finance

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Things worth reading: 1st July 2020

Things we’re reading today include: Fintechs distance themselves from Wirecard Barnier rejects UK bid to preserve City’s rights via trade deal Coronavirus: How lockdown has affected my money Coronavirus: UK economy hit by worst contraction in 41 years UK on track for V-shaped recovery, says Bank of England economist The future may be V-shaped, but…

Things worth reading: 30th June 2020

Things we’re reading today include … City executives lead corporate governance drive Wirecard: Financial watchdog lifts restrictions on payments Santander set to hire William Vereker as UK chairman Digital payments rules must be updated now Coronavirus: A visual guide to the economic impact Has CMA been put back in its box after Tyrie’s exit? That’s…

Things worth reading: 29th June 2020

Things we’re reading today include … Fed puts restrictions on bank dividends after test finds some banks could be stressed in pandemic Deutsche Bank interns complain of cancellations on legal issues EY prepares for backlash over Wirecard scandal Four killed after gunmen attack Pakistan Stock Exchange Economic recovery hinges on when – and if –…

The Finanser’s Week: 22nd June 2020 – 28th June 2020

The main blog headlines are … Is FinTech getting it wrong? Focus on needs and wants A friend of mine, Alessandro Hatami, wrote an interesting piece on Sifted that I shared in my news yesterday. He claims that neobanks like Monzo and Starling are not reinventing banking at all. They’re just modifying and improving it….

Things worth reading: 26th June 2020

Things we’re reading today include … US Treasury sent $1.4bn of pandemic aid to dead people The IMF downgrades its global growth forecasts How Wirecard fooled most of the people all of the time Reserve Bank warns of 25% GDP loss by 2100 unless action taken on climate change Inside Wirecard Wirecard: Scandal-hit firm files…

Things worth reading: 25th June 2020

Things we’re reading today include … Zopa granted full banking licence Bank staff accused of ‘interrogating’ and turning away pensioners who travelled miles, claiming their visits weren’t essential Britain nearly went bust in March, says Bank of England 3 APIs That Could Revolutionize Banking Banks: back to the office SoftBank: what goes around, comes around

Things worth reading: 24th June 2020

Things we’re reading today include … Wirecard: Former boss arrested over €1.9bn scandal Twitter apologises for business data breach White household income in UK 63% higher than black households, ONS finds ‘You can’t pay cash here’: how our newly cashless society harms the most vulnerable New Zealand seizes £72m of assets from alleged Russian cyber…

Things worth reading: 23rd June 2020

Things we’re reading today include: Dear Monzo, Starling and co; We’re still a long way off the perfect neobank Wirecard crisis looms large over Europe’s fintechs How banks are planning to bring staff back to the office Big tech expected to shake up wealth management industry The new face at the FCA needs to keep…

Things worth reading: 22nd June 2020

Things we’re reading today … … are all about Wirecard … Wirecard versus The Financial Times: a FinTech poster child on trial Wirecard’s Missing Billions Forces Out CEO, Panics Lenders Why was Frankfurt so blind for so long about Wirecard? … and a few other things … ‘Having my identity stolen cost me £10,000’ Tokyo…

The Finanser’s Week: 15th June 2020 – 21st June 2020

The main blog headlines are … This is no Black Swan (Part Two) I was having a bit of ding-dong over my article about the coronavirus pandemic being perfectly predictable and not a black swan. There are many who believe the reaction to the pandemic is a black swan, as in the lockdown of Planet…