~chris-skinner-s-blo | Bookmarks (171)

Things we’re reading today include … Inside the Nastiest Fight in Fintech: New Suit Alleges Payments Startup Deel Had A Corporate Spy Starling bank blocking its OWN customers from opening savings accounts Fintechs and crypto companies seek bank charters for growth Fintech unicorn council joins Revolut and Zilch bosses for Treasury meeting North Korea becomes... The post Things worth reading: 19th March 2025 appeared...

We are moving rapidly to a world without cash. In fact, the phrase war on cash was coined (coins?) by the card companies years ago. The aim was to get everyone moving to cards, not cash. It’s now gone beyond that, as everyone wants us to move to digital wallets. All well and good. The... The post Is the use of cash a fundamental...

Things we’re reading today include: Australia drops King Charles from their bank notes and Aussies aren’t happy Elon Musk discovers the Treasury’s Magic Money Machine ‘Biased, confusing, used inconsistently…’: fintech terminology dissected in ECB paper Sweden’s Klarna discloses 24% revenue surge in much-awaited U.S. IPO filing Klarna nabs Walmart away from Affirm and boosts its... The post Things worth reading: 18th March 2025 appeared...

I was watching The Apprentice the other night, and the task was to create a children’s bank for 6-9 year olds. The contestants had to work together to create an app and piggy bank, and then pitch it to senior investors from Go Henry, Monzo and TSB. It was a disaster. In fact, the team... The post Robobank: protects the public, secures their funds...

Things we’re reading today include … Trump’s crypto embrace ‘sowing the seeds’ of a financial crisis, says Bank of France chief ‘A fundamental right’: UK high street chains and restaurants challenged over refusal to accept cash Back to cash: life without money in your pocket is not the utopia Sweden hoped Citigroup plans to slash... The post Things worth reading: 17th March 2025 appeared...

This week’s main blog discussions include … You and your digital twin are in danger A phrase that’s been rising recently is digital twin. My definition of a digital twin is not the same as others. I would define a digital twin as the digital version of you or your organisation. Over time, you build... The post The Finanser’s Week: 10th March – 16th...

Not sure if you noticed, but this week the U.S. Congress House Committee on Financial Services had a day investigating stablecoins, led by Chairman French Hill. The hearing was entitled ‘Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency’ , and invited various... The post America sees stablecoins as critical to US...

Things we’re reading today include … Britain rapidly becoming a low-cash society warns ATM network boss JOHN HOWELLS Government announces inevitable end to Payments Services Regulator Deutsche Bank reviews Canary Wharf presence Revolut Hiring Hundreds to Become a Fully-Fledged UK Bank Reflecting on the State of Play for FinTechs in 2025 India arrests Russia based... The post Things worth reading: 14th March 2025 appeared...

As many of you will have gathered, the next new book is all about Digital Trust in a Deep Fake World, coming out summer 2026 (I’m working on it now), so I was interested to see two fraud reports from by veriff, the AI-driven identity verification company, this morning. Released today, the reports show fraud... The post Fraud is rife … gov, banks and...

Things we’re reading today include … Industry Reacts as UK Government Axes Payments Watchdog | FinTech Magazine Ex-Barclays boss Jes Staley fights for hit reputation which has been ‘irretrievably damaged’ by City ban, tribunal told Bank of England scraps diversity rules amid DEI backlash Bank CEO says 4-day week isn’t progressive, and AI will make... The post Things worth reading: 13th March 2025 appeared...

I don’t like lists. Most are subjective, incorrect and silly. Nevertheless I decided to make a list today of the greatest fintech firms in the world. It is purely from a personal perspective and nothing to do with valuation, relationships or brown envelopes, although the latter is always welcome. So here it is: Chris Skinner’s Top... The post The Top 10 Fintechs 2025, according to...

Things we’re reading today include … Banks’ climate alliance calls vote to ditch pledge on limiting warming to 1.5C Banks risk losing cardholders amid growing demand for digital options The next wave of digital transformation demands integrating your bank horizontally and end to end Fintech’s New Power Player: The Chief Monetisation Officer UK fintech investment... The post Things worth reading: 12th March 2025 appeared...

A phrase that’s been rising recently is digital twin. My definition of a digital twin is not the same as others. I would define a digital twin as the digital version of you or your organisation. Over time, you build up a complete digital profile. It can be anything from the holistic version of you... The post You and your digital twin are in...

Things we’re reading today include … Second biggest bank in US hit by major data breach stealing social security numbers and other personal info Citi Mistakenly Credits Client US$81 Trillion in Shocking Banking Blunder Revolut UK CEO stresses Revolut’s ambition to shift from “disruptor” to primary bank – Tech.eu The Fintech-Bank Marriage is Broken. Can... The post Things worth reading: 11th March 2025 appeared...

Or where is Jan Marsalek, part two … As the headlines rolled out last week, I heard a name: Jan Marsalek, the former COO of disgraced fintech star Wirecard. It turns out that he was also the central figure in a GRU, Glavnoye Razvedyvatelnoye Upravlenie (Russian military intelligence unit), operation created to spy across the... The post The fugitive Jan Marsalek, former COO of...

Things we’re reading today include … Trump Organization ‘debanked by Capital One’ Donald Trump is giving the euro a chance to dethrone the dollar HAMISH MCRAE: Donald Trump’s power will be contained by financial markets Klarna targets $15bn valuation with upcoming US IPO, bypassing London markets Australia’s biggest bank cuts more than 100 jobs after... The post Things worth reading: 10th March 2025 appeared...

This week’s main blog discussions include … Trump’s secret strategy to replace the US dollar with bitcoin? The trade tariff war that Donald Trump introduced on March 3rd has created a situation where the world is at war. Trade war. China responded by saying that they would hit back by imposing 10-15% tariffs on US... The post The Finanser’s Week: 3rd March – 9th...

The trade tariff war that Donald Trump introduced on March 3rd has created a situation where the world is at war. Trade war. China responded by saying that they would hit back by imposing 10-15% tariffs on US farm products but, more importantly, have said that they are ready for war … any sort of... The post Trump’s secret strategy to replace the US...

Things we’re reading today include … 26 Million Devices Hit By Infostealers—Bank Cards Leaked To Dark Web Bitcoin plunges as Trump’s strategic reserve fails to impress markets Why 2025 Could Prove a Turning Point for Digital Assets? More than one month’s worth of IT failures at major banks and building societies in the last two... The post Things worth reading: 7th March 2025 appeared...

As Donald Trump orders creation of a strategic cryptocurrency reserve for the USA, North Korea is working hard to hack it. This is demonstrated by the biggest theft of all time – $1.5 billion – by the North Korean Lazarus Group from Bybit. How could this happen? Well, Chainalysis breaks it down nicely into a step-by-step... The post How North Korea stole $1.5 billion of...

Things we’re reading today include … The collapse of El Salvador’s bitcoin dream Why 2025 Could Prove a Turning Point for Digital Assets? I’m the CEO of a bank – I regret not saving more into my pension HSBC on the hunt for new UK boss after another leadership reshuffle ‘Money dysmorphia’ searches are rocketing... The post Things worth reading: 6th March 2025 appeared...

It is a wild ride with cryptocurrencies. Rising rapidly with Trump’s presidential campaign – after all, he is the crypto President! – things have gone south badly in the last week. It’s kind of that crescendo from zero to hero to zero again. The rises and falls in cryptocurrency values are a real rollercoaster. For... The post The crypto rollercoaster appeared first on Chris...

Things we’re reading today include … From Skepticism to Active Support: U.S. Creates the Strategic Cryptocurrency Reserve – Funds Society What White House Crypto Strategy Means for Payments Innovation Millennials love bitcoin and now the baby boomers are joining in too Trump supporters lose billion as $TRUMP’s value falls of a cliff Dollar risks losing... The post Things worth reading: 5th March 2025 appeared...

We just had the annual Oscar jamboree and congratulations to Anora for its five Oscars, and particular respect to Sean Baker who picked up four personally, something that’s never been achieved before. But Hollywood has an issue. No one knows where the money goes. I’ve just joined some friends to fix that. It came around... The post Fintech and Hollywood: a perfect match appeared...