~chris-skinner-s-blo | Bookmarks (191)

Things we’re reading today include … I am not Bitcoin inventor, says man named in HBO film – BBC News Sectors that are Warming up to Cryptocurrency Payments (cryptotimes.io) The big league: The most funded European fintech companies of 2024 so far – Tech.eu Regulators targeting challenger banks as new fraud rules are introduced –... The post Things worth reading: 10th October 2024 appeared...

I just got the latest Finch Capital report on The State of Fintech 2024. Many of us think that fintech valuations and investments have gone through the floor, and this reports make clear that it depends where you are. The UK is doing well, as is the Netherlands, whilst Ireland has seen a 90% drop... The post Why are fintechs worth more than banks?...

Things we’re reading today include … Investor turns $800 into $7.5 million as hippo-inspired cryptocurrency skyrockets | The Independent 11 Crypto Platforms Under Review as Hong Kong Faces Criticism on Strict Regulations (financemagnates.com) Cryptocurrency Adoption ‘Fastest-Growing Tech in Years’, Says BlackRock Executive (techopedia.com) Millennials bank on parental handouts (yourmoney.com) Top US banks brace for lowest... The post Things worth reading: 9th October 2024 appeared...

Someone asked me the other day whether banking mergers in Europe would be a big trend or just wishful thinking. I guess this is because of the imminent acquisition of Commerzbank by Unicredit. Their real point was that the major European banks will need to merge to survive. After all, if American banks can spend... The post Where is Europe’s megabank? appeared first on...

Things we’re reading today include … LEGO’s website hacked to push cryptocurrency scam (bleepingcomputer.com) Fintech Revolut Prevented $13.5 Million Loss Due to Crypto Fraud – Bitcoinsensus FTX: Customers of failed crypto firm set for refunds – BBC News US FinTech funding halved in Q2 as investors grow risk averse – FinTech Global Bank of Russia... The post Things worth reading: 8th October 2024 appeared...

For over half a century, post the second World War, Europe has been integrating. From a few nations in the 1950s, led by France and Germany, the Eurozone grew to 28 countries. Then, with Brexit, 27. Now, after Brexit, there are rumours the alliance could shrink further as many countries have issues with the ECB’s... The post Europe – over-regulated and under-invested appeared first...

Things we’re reading today include … Elon Musk’s X paid its Brazil fines to the wrong bank, court says | Mashable FCA fines Starling Bank £29m for sanctions screening failures – FinTech Futures: Fintech news UK strengthens role in European fintech sector, report says – ThePaypers Banks and tech companies at odds over online fraud... The post Things worth reading: 7th October 2024 appeared...

This week’s main blog discussions include … US banks invest three times more in tech than European banks I got an interesting question in my recent banking presentation: US banks have spent far more on technology than banks in Europe – will European banks ever be able to catch-up? It is true that American banks... The post The Finanser’s Week: 30th September – 6th...

I got an interesting question in my recent banking presentation: US banks have spent far more on technology than banks in Europe – will European banks ever be able to catch-up? It is true that American banks have spent far more on tech. To illustrate the point: JPMorgan spent over $15 billion last year, and is... The post US banks invest three times more in...

Things we’re reading today include … Mystery creator of Bitcoin identified, new HBO documentary claims – POLITICO Carlos Torres Vila (BBVA): “The reinvention of a bank doesn’t end” Mediobanca CEO says conditions not right for cross-border bank M&A in Europe | Reuters Can Andrea Orcel, Europe’s star banker, create a super-bank? (economist.com) UK strengthens role... The post Things worth reading: 4th October 2024 appeared...

I just spotted a blog by Alan Stapelberg, who is Group Product Manager for Google Wallet. Here’s his opening para: “Imagine starting a vacation like this: You arrive at the airport and breeze through security by tapping your phone to a reader, scanning your boarding pass and ID. While waiting to board, you grab a... The post Identity? Forget mobile … think eyeballs! appeared...

Things we’re reading today include … Bank of America is down: Users report their accounts showing empty balance during widespread outage | The Independent Russian court freezes funds of US banks JP Morgan and Mellon | Reuters Starling Bank fined £29m for ‘shockingly lax’ financial crime controls | The Guardian Starling Bank is simply not... The post Things worth reading: 3rd October 2024 appeared...

I recently did a workshop with a major bank and asked them to send questions beforehand. This is a great way for me to develop a Q&A stream as they asked me lots of questions. The first big question was: What do banks need to do to be successful in the future? Well, if I... The post What do banks need to do to...

Things we’re reading today include … DWP asks Universal Credit claimants to supply bank statements for benefit checks – Birmingham Live Lloyds, Halifax and Bank of Scotland banking apps are back online following a two-hour outage | Daily Mail EU cross-border bank mergers pose real risks, Nagel warns – POLITICO The end of LIBOR |... The post Things worth reading: 2nd October 2024 appeared...

For the past decade, I’ve written a lot about platforms, ecosystems, digital transformation and connected structures so, when someone asked me the other day what’s hot today, my answer narrowed down to AI, APIs, no-code and Quantum. Why? Because these areas are the most exciting today. But what’s hot tomorrow? I wrote a blog the... The post A world of change: what’s next? appeared...

Things we’re reading today include … Markets stop panicking when central bank start panicking | Forexlive Metro Bank completes sale of residential mortgage portfolio to NatWest (mortgagesolutions.co.uk) Clearbank eyes flurry of new products amid ‘huge demand’ for fintech (cityam.com) Open Banking Fintech TrueLayer Reports Growth In Revenue And Increase In Losses | Crowdfund Insider After... The post Things worth reading: 1st October 2024 appeared...

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... The post Who do you think they are? appeared...

Things we’re reading today include … Fintech has outgrown sandboxes. Now it needs airports | World Economic Forum PayPal’s CEO Marks a Year on the Job. The Race for Change at the Fintech Is a ‘Marathon.’ – Barron’s Has the ECB cracked the code for digital euro CBDC adoption? – Ledger Insights JP Morgan’s JPM... The post Things worth reading: 30th September 2024 appeared...

The main blog discussions this week include … Everything you don’t understand about money combined with everything you don’t understand about computers There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and... The post The Finanser’s Week: 23rd September – 29th...

During my life, there have been many iconic marketing campaigns – the Shake & Vac comes to mind (Google it) – but Apple have definitely mastered the art. Their 1997 Crazy Ones campaign comes to mind … Why mention this today? Well, some friends have been posting about these ads including Bloomberg (are they a... The post Apple is all about privacy (which equals...

Things we’re reading today include … Is Unicredit about to kickstart a wave of European bank mergers? (cityam.com) Fintech Company Chime Taps Morgan Stanley to Handle IPO in 2025 – Bloomberg Stripe-backed TrueLayer losses mount even as revenue triples | Sifted eToro Acquires Australian Investing App Spaceship for Up to $55 Million (financemagnates.com) Rise Of... The post Things worth reading: 27th September 2024 appeared...

There’s a quote I often use from John Oliver that cryptocurrency is “everything you don’t understand about money combined with everything you don’t understand about computers”. That was 2018. It’s now 2024, and things are a lot worse. I’ve blogged about the confusion of money recently, and it is not only the fragmentation of money... The post Everything you don’t understand about money combined...

Things we’re reading today include … 36% of Gen Z Pick FinTechs Over Banks for Online Payments (pymnts.com) E-money firms including Wise, Revolut face stricter safeguarding rules (proactiveinvestors.co.uk) Fintech Mubadala announces the acquisition of a stake in Revolut – ThePaypers Banks must refund fraud in five days but losses capped at £85,000 – BBC News... The post Thjngs worth reading: 26th September 2024 appeared...

There’s nothing more annoying than when you get that note saying that you have just been charged $149 to renew your annual subscription to Youreanidiot.com. I subscribe to lots of different things and often forget that I subscribed. Then you suddenly find that $100s are leaving your account each year on things you no longer... The post That annoying auto-renewal you forgot to cancel...