Shaping the future of finance
It’s SIBOS week and so lots of research and news announcements. Two caught my attention though, as I always look forward to what McKinsey and Cap Gemini are saying in their payments reports. The both tell the same story from different angles, namely that the payment is disappearing. Not disappearing in the sense that we…
I’ve been talking a lot about stablecoins of late and, in a timely fashion, Jas Shah at Fintech: Under the Hood has just landed a great primer all about such things. A Stablecoin Primer: Money for the Digital Age TL;DR Quick Take Stablecoins have evolved from early crypto-pegged concepts to fiat-backed instruments like USDC and…
I just had a whirlwind visit to Indonesia to support DBS in the rollout of their digibank service there. It was a very short visit, but a packed evening of presentations and discussions. Part of the time was spent with Piyush Gupta, the CEO, who I’ve been watching for some time now. Piyush has surrounded…
Although I'm missing this year's SIBOS, I'm grateful to FSClub sponsor VocaLink for providing this summary of the session I would usually co-moderate: The Innotribe session next up at 11am on Day 1 of Sibos 2015 addressed the ‘Future of Money’. It examined if banks are sitting on a burning platform that will be disrupted…
This is a tough week. I’ve been involved with two banking tradeshows for a long time: SWIFT’s SIBOS and BAI’s Retail Delivery. They’re both great events, and I normally attend both, as they’re usually in different weeks. This year, for the first time in my memory, they’re in the same week! And, to the point,…
This week the Finanser talks with Gottfried Leibbrandt, CEO of SWIFT about cryptocurrencies, bitcoin, Ripple and all things blockchain. How do you see value exchange on the internet changing the game for banks and for infrastructures like SWIFT? Let’s take a step back so that I can give you my overall perspective. I always like to…
So I made a slightly provocative comment, as it turned out, during my keynote at PaymentsNZ. It was picked up and referenced by Richard Meadows in yesterday’s article: “[Skinner] said the coding behind virtual currency Bitcoin could also prove to be enormously transformational, potentially even replacing the SWIFTnetwork for inter-bank payments”. This created a lot…
We had a revival of the Innotribe from SIBOS on Monday, by gathering the great and the good to discuss cryptocurrencies at the Escalator, an incubator for new fintech start-ups in East London run by Barclays Bank (if you want a primer on this, see Learn Cryptography). The session was led by Richard Brown, Executive…
