~chris-skinner-s-blo | Bookmarks (181)

I’ve recently been seeing more and more about eugenics. Eugenics is a supposed scientific way to develop the perfect human, immune to disease and designed to live long and prosper (as Spock would say). A more formal definition comes from The National Human Genome Research Institute: Eugenics is the scientifically erroneous and immoral theory of “racial... The post Is technology improving or destroying humanity? appeared...

Things we’re reading today include … BBVA proposes merging with Banco Sabadell to create a European leader – NEWS BBVA HKMA Launches FiNETech to Bolster Fintech Collaboration Across Hong Kong | The Fintech Times UK fintech raises £800M for AI that determines how much money you can borrow (thenextweb.com) Chinese fintech Ant to expand into... The post Things worth reading: 8th May 2024 appeared...

Talking about trust, the other side of the coin is what is the bank doing to protect privacy? Increasingly, due to regulatory concerns, banks are becoming government spies. They are watching our every move and reporting it. This recently cropped up on my personal radar when the bank became my interrogator and grilled me about... The post Big Brother is here and watching you...

Things we’re reading today include … German central bank president calls for swift adoption of CBDCs to stay competitive. (cryptoslate.com) Buying a piece of an island: How crypto changes property deals | Euronews Robinhood Says SEC Planning Charges Against Cryptocurrency Arm (forbes.com) Palestinian Monetary Authority investigates $70 million bank thefts (alarabiya.net) UBS Returns to Profit... The post Things worth reading: 7th May 2024 appeared...

Building upon my blog about Revolut the other day, and their need for a banking license, I’ve been accused many times of coming back to a theme that you can only be a bank if you’re a bank with a license. Why do I keep coming back to this theme? It’s all about trust and... The post It’s all about trust appeared first on...

Things we’re reading today include … X ‘End Goal’ Revealed After Elon Musk Teased A Crypto Payments Bombshell (forbes.com) Crypto Is Anything But Strong Right Now – Bloomberg Gaza’s banks targeted by armed groups (lemonde.fr) Opinion: In Canada, we bank where we buy – The Globe and Mail Investors Were Burned by European Banks for... The post Things worth reading: 6th May 2024 appeared...

This week’s main blog discussions include … There is no next big thing in banking I’ve been trying to think of the next big thing. Someone asked me on a conference call: what’s the next big thing? I’ve always been on top of the next big thing. Whether it’s the metaverse, AI, blockchain, cloud computing... The post The Finanser’s Week: 29th April – 5th...

It’s all about the difference between an emoney provider and a bank … I’ve been having an ongoing debate with a Revolut fan about the fact that they have an emoney licence, as an EMI (Electronic Money Institution), and that they are not a bank in Britain. It’s part of the ongoing debate about their... The post Why Revolut needs a banking licence appeared...

Things we’re reading today include … Nearly 200,000 people have signed petition to stop bank spying powers — Big Brother Watch Government could snoop on Landlords’ bank accounts … (landlordtoday.co.uk) Goldman Sachs removes bankers’ bonus limit – BBC News Deutsche Bank Plans to Double Assets in Southeast Asia, Middle East in 5 Years – Bloomberg... The post Things worth reading: 3rd May 2024 appeared...

You may not have spotted it this week, but there has been a number of major strategic changes and moves by fintech leader Stripe. I’ve followed Stripe since their founding in 2010, and use them as a poster child of change in finance and technology, as demonstrated by their fast cycle growth from a company... The post Stripe strikes serious success in Sessions appeared...

Things we’re reading today include … Jack Dorsey’s Block is under investigation by US Prosecutors for crypto lapses, says NBC (fxstreet.com) Reporting on Crypto-Assets – why you need to act now on CARF! | UK Finance Nearly 500 Fintech deals were completed in Q1 (digit.fyi) FinTech Australia and Thai Fintech Association Partner to Unleash Growth... The post Things worth reading: 2nd May 2024 appeared...

I say there is no next big thing, just the evolution of what we have right now, but there are two areas highlighted by the Future Today Institute in their Tech Trends Report 2024, which you might claim are the major changes on the horizon, rather than the next big thing. These are namely AI and... The post OK, so there are some next big...

Things we’re reading today include … Meet Froda, the unique morph between a tech company and a bank – Maddyness UK Statistical release: BIS international banking statistics and global liquidity indicators at end-December 2023 Royal Bank of Scotland and its sad, sad tale of hopes dashed | The Herald (heraldscotland.com) 3-year-old British fintech Abound becomes... The post Things worth reading: 1st May 2024 appeared...

I’ve been trying to think of the next big thing. Someone asked me on a conference call: what’s the next big thing? I’ve always been on top of the next big thing. Whether it’s the metaverse, AI, blockchain, cloud computing or whatever, there’s always the next big thing. So, what is the next big thing?... The post There is no next big thing in...

Things we’re reading today include … HSBC CEO Noel Quinn to Retire in Surprise Announcement – Bloomberg Starling Bank’s SaaS business can be bigger than the bank, says its boss, who has no ambitions to be a future Starling CEO – Tech.eu SoFi reports strong Q1 revenue and profits | Fintech Nexus Top 10 fintech... The post Things worth reading: 30th April 2024 appeared...

I just discovered a portal of information from McKinsey. Now, now, now … I know you may love or hate McKinsey but bear in mind that all their staff have an Upper Second Grade or First Grade degree, OK?So, I start delving into their portal that answers questions like: What is inflation? What is quantum computing?... The post A portal of knowledge for free from...

Things we’re reading today include … Stripe’s big changes, Brazil’s newest fintech unicorn and the tale of a startup shutdown | TechCrunch Digital bank Monzo expands fundraising to £500m in deal with top tech investor | Business News | Sky News Volt: Meet the fintech taking on Visa and Mastercard’s duopoly (cityam.com) Capital levels are... The post Things worth reading: 29th April 2024 appeared...

This week’s main blog discussions include … I just debanked my bank … before they debanked me There’s a huge furore in Britain about debanking: the process where a bank says we cannot trust you anymore so get lost. It happened to Nigel Farage, a high profile figure, and now it’s happened to me. What... The post The Finanser’s Week: 22nd April – 28th...

I’ve been collecting rare coins and bank notes for years, and have a great collection that could send a dinner party to sleep before the main course is served. Yet I’m now worried that my hobby – called numismatics – is over as we go digital. What is numismatics? According to the Corporate Finance Institute, it... The post The magic of money and the end...

Things we’re reading today include … Consensys sues SEC over Ethereum crackdown (crypto.news) Stripe Brings Back Cryptocurrency Payments Via Circle’s USDC Stablecoin (coindesk.com) Enhancing fintech programs, empowering innovation | Mastercard Newsroom Walmart-backed fintech One launches ‘buy now, pay later’ services, source says | Reuters Deutsche Bank first-quarter 2024 earnings (cnbc.com) “This way for modern banking”:... The post Things worth reading: 26th April 2024 appeared...

As a seasoned traveller, I know an awful lot about flying through Heathrow Airport, and it is always frustrating me about how the airport is structured. By way of example if you land at Heathrow terminal 4 and 5, the newer terminals, they have on-site hotels, the Hilton and Sofitel respectively. However, if you land... The post The things that AI will never tell...

Things we’re reading today include … JPMorgan in U.S-Russia sanctions war after overseas court orders $440M seized from bank (cnbc.com) Chase Bank down as customers say app signing them out and website crashes blocking them from cash – Mirror Online Barclays profit falls as mortgage lending and investment bank squeezed | Evening Standard Swiss National... The post Things worth reading: 25th April 2024 appeared...

There’s a huge furore in Britain about debanking: the process where a bank says we cannot trust you anymore so get lost. It happened to Nigel Farage, a high profile figure, and now it’s happened to me. What happened? My bank basically decided that my regular withdrawals from a crypto exchange looked like money laundering... The post I just debanked my bank … before...

Things we’re reading today include … Goldman Sachs becomes latest bank to withdraw from London – The CFO (the-cfo.io) JPMorgan’s Jamie Dimon Has a Tech Rival: Silicon Valley Bank – Bloomberg UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures | Private equity | The Guardian The Fintech Files: Has... The post Things worth reading: 24th April 2024 appeared...