Chris Skinner's blog

Shaping the future of finance

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Top 10 Retail Banking Trends for 2017

I kept yesterday’s blog entry short because I knew that today’s was long, and it’s a guest blog entry from my good friend Jim Marous.  Jim produces a great report each year, curating the thoughts of 100 industry leaders including myself, on what is going to happen in the year ahead.  Summarizing this year’s report,…

The most read blog entries of 2016 (#fintech, #blockchain, #platforms)

I was looking through Google Analytics to see which of my blog entries had been most read in 2016.  Here’s the list and, as you will see, it’s mostly people reading about blockchain news, although how to change the bank, fintech and innovation all get high rankings too. The top ten trends in banking innovation…

The best FinTech research of 2016

Earlier this year, I summarised some of the best research papers that had been released on FinTech and Blockchain in three parts: Part 1, Part 2 and Part 3.  Thanks to Oliver Bussmann’s blog, I can now provide you with a list of the best research released on Fintech this year.  Enjoy! 2016-12 Digital Asset Holding Non Technical…

The impact of #Brexit on the City and Fintech London

So we finished the Financial Services Club season with a discussion of the implications of Brexit on the City of London and Fintech London, with a panel debate amongst four stellar people: Sharon Bowles, former MEP and now Baroness Bowles of Berkhamsted; Lawrence Wintermeyer, CEO, Innovate Finance; Jeremy Light, Managing Director, Accenture Payment Services; and…

Global networks need global finance

I’ve recently been wowed by series such as House of Cards (Netflix) and The Man in the High Castle (Amazon), and am really blown away by The Crown (Netflix) and The Grand Tour (Amazon).   I’m blown away not because these are good internet shows, which they are, but by the budgets being spent on them….

A Banking Carol

It was almost December 25, Christmas, and Jimmy Diamond was a happy man for a change. Just this week his bank had opened 100,000 new customer accounts (even though only 25,000 people had visited the bank); they had managed to sneak an extra 1% onto credit card holders balances (without informing most cardholders explicitly of…

Reboot the bank’s boardroom NOW!

Bye bye banking job for life Many of the banking folk I meet have been with the bank as man and boy, woman and girl.  It’s a job for life.  Funnily enough, I’ve never known one of those jobs.  I guess it’s because I work in tech, and many of the tech firms I’ve worked…

Things worth reading: 24th November 2016

Things we’re reading today include … Is the next financial crisis on its way? These new plans for bank reforms in Europe could hit Wall Street lenders Bank executives should be fired for regulatory breaches, says report British taxpayers lose £27bn on bank bailout Middle East bank to launch AI for customer support Paragon Bank…

Paranoia-as-a-service

I heard this phrase – paranoia-as-a-service – for the first time recently, but I’m hearing paranoia in banking mentioned more and more often. It’s not surprising after the tesco hack, but what can you do about it? If banks are meant to be the most secure stores of value in this world, then how can…

Things worth reading: 8th November 2016

Things we’re reading today include … Tesco Bank: 20,000 customers lose money Tesco Bank blames ‘systematic sophisticated attack’ for account losses Investors shrug off more losses at Lending Club HSBC boss urges government clarity on EU workers in the UK Banks, brokers gird for Brexit-style tumult following Tuesday’s election HSBC profits slump following sale of…