Chris Skinner's blog

Shaping the future of finance

Uncategorized

Why banks have armies of developers

I sometimes write blog posts that I actually disagree with. I write it to provoke reactions, and to test my own thinking. As a result, I think I usually annoy people in banks who read my writing but, instead, I actually get a quite a lot of compliments, for testing bank thinking. That is why…

Things worth reading: 20th September 2018

Things we’re reading today include … Funding Circle seeks valuation of up to £1.8bn in IPO Social media could destabilise the economy, Bank of England warns  Danske bank chief resigns over €200bn money-laundering scandal World Bank reports slower progress on extreme poverty TSB to bid for £833m RBS fund despite IT meltdown Bank of America…

Things worth reading: 27th August 2018

Things we’re reading today include … Powell sets Fed’s course with data-based judgment UK’s biggest payday lender Wonga ‘on the brink of collapse’ Britons seem relatively relaxed in the face of Brexit apocalypse | Larry Elliott Wonga ‘on brink of collapse’ after surge in compensation claims The mood on Brexit is turning. Labour can turn…

Things worth reading: 22nd August 2018

Things we’re reading today include … Bank of England’s chief economist warns A.I. could threaten ‘large’ amount of jobs Bank Branches Are Closing At A Record Pace. Here’s Why JPMorgan Chase Is Opening More Big banks are getting ready for an uncertain future JPMorgan undercuts discount brokerages on trades Greece may still be Europe’s sick…

The Monzicorn

Business Insider recently listed what they believe are the 32 FinTech unicorns around the world. Here is their list: =27. Symphony — $1 billion =27. TongDun Technology — $1 billion =27. Funding Circle — $1 billion =27. Kabbage — $1 billion =27. 51 Credit — $1 billion =27. Gusto — $1 billion 21. UiPath —…

Things worth reading: 25th June 2018

Things we’re reading today include … Banks May Be Using Lehman-Style Trick to Disguise Debt Why David Drumm cooked the books at Anglo Irish Bank German asset managers demand ‘unhindered access’ to City of London in boost for Brexit Britain Iceland: From crisis to hotspot, 10 years on from the financial crisis Kenya’s bankers warn…

So you think Alipay is just for the Chinese?

I’ve got caught in a few discussions recently with people who tell me Ant Financial are Chinese. They’re not. Neither is Alibaba and, if you think they’re just Chinese, you’re going to miss a huge change in the next decade. Ant Financial is an open marketplace of apps, APIs and analytics, that I’ve been describing…

Things worth reading: 7th May 2018

Things we’re reading today include … Venezuela Spends 20,000 Petro to Create a Digital Cryptocurrency Bank Blind customers locked out by bank web upgrades Bank Stocks Have Peaked, Here’s Why Bank of America’s loan to Remington tests its firearms pledge ANZ scraps sales bonuses for financial planners as inquiry shakes up sector Airlines to launch…

Will platforms replace governments?

I often talk about my week in Hangzhou last year, writing the case study on Ant Financial for the new book Digital Human, and particularly the words of Jack Ma on how he sees managing the Alibaba platform: Management. The word is there for regular companies. At Alibaba we treat it more like governing an…

The wealth divide is growing and threatening

A final reflection on the way of the world before getting back to FinTech and banking. Whilst on holiday, we became interested in buying a property in Dubai, and began making enquiries. It soon transpired that this would be a dream, as the average price of a villa on the Palm was over $4 million,…

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

What is the future?

Learn more

Learn more about Chris

About Chris Skinner

The Past, Present And Future Of Banking, Finance And Technology

Fintech expert Chris Skinner: countries need digital transformation to remain competitive

Join me on Linkedin

Follow Me on X!

Hire Chris Skinner for dinners, workshops and more

Learn directly from from one of the most influential people in technology, gain insights from the world's most innovative companies, and build a global network.

Chris’s latest book

Order now

Chris Skinner’s ‘Intelligent Money’ Book Launch Event

Top 50 Global Thought Leaders and Influencers on Finance 2024

Global Awards

Lifetime Achievement Award

Global 100 - 2024 Winner

Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023

Best Financial Markets Advisor of the Year 2023

30 Best Regtech Blogs and Websites 2023

Kids creating the future bank | TEDxAthens

Captain Cake and the Candy Crew

Captain Cake Winner of a Golden Mom’s Choice Award

TWO-TIME WINNER OF A MOM’S CHOICE GOLD AWARD!

Alex at the Financial Services

Gaping Void's Hugh MacLeod worked with the Finanser