This week’s main blog headlines are …
A long time ago, a man would go to work whilst the woman would stay at home. Thanks to a generation of change, women and men now work and no one has to stay at home. A long time ago, work was a place you …
ANZ and Deutsche Bank tell it like IT is
I was struck by some commentary with John Cryan, the CEO of Deutsche Bank, over on Bloomberg. The article is talking about the wild ride he has had since taking over the helm of the bank which had formerly been run by two CEOs (Juergen …
FinTech: $6.5 billion invested in first half of 2017
Innovate Finance has just published their report on the first half of 2017, and the investments made in FinTech. Global VC FinTech investment attracts $6.5 Billion in H1 2017 –with UK investment up 37% reveals Innovate Finance H1 2017 saw 787 deals globally, attracting $6.5 …
12 quotes about the future of finance
I recently appeared on an interview with Salesforce’s LeadingEdge webcast. Afterwards, they picked out 12 statements I made that they thought particularly noteworthy, so thought I would repost them here: 12 Noteworthy Quotes on the Future of Banking The digital revolution is fundamentally impacting every …
I really enjoyed a recent article on CGAP (the Consultative Group to Assist the Poor). If you don’t know them, CGAP is a global partnership of over 30 leading organizations that seek to advance financial inclusion. Housed at the World Bank, CGAP’s mission is to …
Forking hell … the bitcoin split
There are a few exchanges I use for trading cryptocurrencies such as Kraken and Coinbase, so I was interested to receive this email from Coinbase last Friday: Dear Coinbase Customer, We are contacting you to make you aware of recent developments in a number of …
The latest news headlines …
Italian bank hit by major data breach - BBC
Data from 400,000 accounts belonging to Italy's biggest bank are thought to have been exposed.
RBS likely to avoid compulsory sale of Williams & Glyn - BBC
UK strikes £835m deal 'in principle' with the European Commission for RBS to boost banking competition.
Lloyds to pay back customers £300m in compensation for mortgage arrears errors - The Telegraph
Goldman launches new online lending strategy for mass affluent - Reuters
(Reuters) - Goldman Sachs Group Inc is launching a new digital platform where customers of other wealth management firms and brokerages can apply for loans, the bank said on Thursday.
Virgin Money chief hits back at 'overblown' market reaction to house price warning - The Telegraph
'Mission statement' and 'thought shower': The most hated office jargon revealed – and their translations - The Telegraph
Metro Bank launches £280m fundraise as lending growth accelerates - The Telegraph
Bank of England warns more defences may be needed against consumer credit - The Telegraph
Why you should pay in local currency - BBC
You should make credit card payments in the local currency when abroad, says the BBC's Simon Gompertz.
Big banks are closing branches and investing in more important real estate—your phone - Quartz
The most important real estate in the world for banks is on your mobile phone—physical branches are closing down, and more investment is being made in digital wallets.
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The Financial Services Club is sponsored by:
Chris M Skinner
Chris Skinner is best known as an independent commentator on the financial markets through his blog, TheFinanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal's Financial News. To learn more click here...
