The main blog headlines are …
Tencent’s WeChat Pay is AliPay major rival
I’ve written a lot about Ant Financial – they’re a 30,000 word case study in my new book – mainly because they are the first payments platform to focus upon global reach for financial inclusion. That is not to say that I am ignoring the …
Even with a bribe, no one switches their bank account
I was intrigued to see the latest account switching numbers for the UK. Switching has been a focus of the Competition & Markets Authority, regulators, government and more, and yet promoting people to switch is not working. According to the latest stats, there are around 70 …
The young visionaries changing banking
I’ve talked a lot about how young visionaries are re-shaping the financial industry. John Collison was 19 when he founded Stripe with his brother Patrick, and Ollie Purdue was 21 when he dropped out of university to found neobank Loot. In fact, there are many innovators …
FinTech, cryptocurrency and corporate change
I was recently recorded on Roger Edwards’ podcast talking about FinTech, cryptocurrency and corporate change. Roger is a marketing strategist focused upon the insurance industry, and produces regular podcasts about said subject. You can checkout his website here, and here’s the low-down of our chat: On …
More on #Brexit, passporting and equivalence
Another great Brexit debate at the ISITC Europe annual bash the other day. I was on a panel with Kay Swinburne, MEP Member of Economic and Monetary Affairs; Rebecca Healy, Lead Analyst of Financial Market Structure at Liquidnet; and Michael Cooper, CTO Radianz, BT Global …
The latest news headlines …
eBay drops PayPal as first choice for payments - BBC
The online marketplace says the move will benefit both sellers and buyers.
EU rebuffs City proposal for Brexit deal on financial services - The Telegraph
Santander warns UK outsourcing under 'stress' after Capita profit warning - The Telegraph
Borrowers ignoring mortgage timebomb, says FCA - BBC
Nearly one in five mortgage-holders has an interest-only home loan, but many do not have a plan for the final bill.
US files 'spoofing' charges against UBS, HSBC and Deutsche Bank - The Telegraph
Deutsche Bank defends bigger bonus pool after German political backlash - The Telegraph
1 in 5 people have a secret bank account - Mirror
According to a survey by TD Bank, almost one in five people keep secret bank accounts from their partners these days. It appears the practice is more popular among young people.
Bank-based blockchain projects are going to transform the financial services industry - TechCrunch
Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and Ethereum maintaining their popularity despite recent market corrections.
City banks downsizing – and it has little to do with Brexit outcome - The Telegraph
‘Larry’s Letter’ drives charge for reimagining of global capitalism - The Telegraph
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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...
