I know I said I’d stop going on and on about the #Brexit, but there will be a few more sweep up stories. This one is a special for Friday as it’s already begun with Lithuanian MEP sending a letter to the leaders of London-based financial institutions stating the fantastic opportunities they could gain by…
I’ve had a few meetings with folks at the White House over the past eighteen months, which has been an honour and not something I felt I should blog about. The National Economic Council woke up to the FinTech world early last year and have been consulting with many in the FinTech ecosystem. The latest…
Things we’re reading today include … Deutsche Bank CEO John Cryan explained his 2 key strategies for turning the bank around ICICI Bank launches next generation features on iMobile Whole industries will be wiped out by new technology, warns Bank of England’s Mark Carney West Bromwich Building Society forced into the red after £27.5m court…
Things we’re reading today include … The overselling of financial transaction taxes Exclusive: NY Fed first rejected cyber-heist transfers, then moved $81 million Deutsche Boerse chief says LSE merger ‘key’ if UK leaves EU HSBC restructures investment bank U.S. investigators probe Goldman Sachs over Malaysian fund 1MDB: WSJ report Sterling swings as polls suggest UK…
Friday’s blog was all about bank innovation labs and structures. A serious and committed undertaking this time around, with many experimentations and proofs of concept taking place, especially around blockchain. Great. The thing is that as I walk into these hallowed places of bank sponsored creation, it feels like a very formal version of a FinTech…
So I just attended a really interesting two day meeting that covered all things blockchain, regulations, innovation and more. I’ll blog about the bits I can in the next few days, and thought I’d start with an overview of the Financial Conduct Authority’s (FCA) Regulatory Sandbox and Project Innovate. The Regulatory Sandbox was announced at…
We heard the stories that set the context of the debate about identities and one specific comment stood out for me: Human traffickers first action is to destroy their victims identification papers = let’s get rid of paper identities #ID2020 @UN — Chris Skinner (@Chris_Skinner) 20 May 2016 Human traffickers’ first action is to get…
I promise to shut up about African developments after this post, for a while anyway, but there’s a definite feeling that Africa may set the standards for a cheaper, easier financial system in the future, as blogged last week. In fact, when I was asked about Africa as a continent in Kenya, I said that…
I’m often talking about Victorian visions of the future to illustrate the issue we have today. The Victorian vision of the future was dealing with a number of problems, one of which was horse shit. Manure. Manure was a massive issue. Victorian Britain had too many horses and carriages on the streets, and the horses…
One of the interviewees in my new book ValueWeb is Ron Suber, President of Prosper Marketplace Lending. Ron gave a speech last week which is summarized below. Well worth a read. Marketplace Lending: Evolution of an Asset Class (The following post is excerpted from a keynoted speech I gave at the 2016 LendIt USA conference) Over…
