Chris Skinner's blog

Shaping the future of finance

Trust

Who do you think they are?

For years, we have talked about digital identities and how to make them work. The fact is that most countries are lagging behind whilst a few are leading, such as India with Aadhaar. Where it is working, it is totally transformative. For example, India moved from only 35% of the population able to access bank…

Licensed to trust

I’ve been talking about trust a lot lately, as that’s the basis of why you put money in a bank. You trust them. Why do you trust them? Well, it’s not because of their brand or their branch. It’s because they are licensed and promise to guarantee that they will not lose your money or,…

When it comes to money, who can you trust?

As it’s the quiet summer, I’ve been watching too much on Netflix, Prime, Disney and Apple. Yes, I subscribe to them all. It’s interesting that the content is either about love, hate, fear, happiness and other emotions. The one thing that links nearly all the ones I watch is money, because money is power. Whether…

The unappy mess of APP in the UK

I seem to have been immersed in APP fraud recently, mainly because the UK government is introducing new laws to manage such fraud on October 7. What is APP fraud? It is an Authorised Push Payment. It’s basically where you pay for something voluntarily which is not real, such as a parcel delivery that is…

Which European country worries the most about money?

I just got pinged with some research about which countries are trying to save money the most from Finansvalp, a Swedish price comparison service and information site that writes about and compares banking services. Usually I ignore such surveys and press releases – as they are generally not that exciting – but this one intrigued…

How to regulate a Decentralised Autonomous Organisation (DAO)

Anton Golib, Founder & President of SwissAssetDAO, just dropped an interesting update on DAO. What is a DAO? Well, let’s turn to Wikipedia: A decentralised autonomous organisation, sometimes called a decentralised autonomous corporation, is an organisation managed in whole or in part by decentralised computer program, with voting and finances handled through a blockchain. In general…