~chris-skinner-s-blo | Bookmarks (165)

Well, not exactly digital but electrical. We saw the massive issue that created at Heathrow airport recently, but I’ve been personally affected by the same issue. Long story short, we have an electric gate at our property, and the electrics keep breaking down. Result? We are either locked in or locked out of our property.... The post When digital goes down appeared first on...

We often talk about technical debt – the cost of maintaining and updating old systems to keep them operational. In most banks, this is 60% to 80% or more of annual IT budgets; in fintechs it’s less, because they have less history, but even here it is often 30% to 50% of costs. The reason?... The post Isn’t it time to sort your business...

Things we’re reading today include … What went wrong between Cryptocurrency influencer Tiffany Fong and Elon Musk after Musk ‘proposed’ her to be mother of his baby Bank of England highlights risks of AI, but keeps being ‘reactive’ BBVA backs UK fintech Plum with £15m in first UK financing deal Singapore Tightens Liquidity Rules For... The post Things worth reading: 17th April 2025 appeared...

There is a regular conversation about the 1% versus the 99%, so I tried to track down: who are the 1%? The numbers surprised me. According to the 2024 Global Wealth Report, the global millionaire count has soared, reaching approximately 58 million. I thought it would be more like 100 million millionaires (and probably is in reality). If... The post Which billionaires care about the world …...

Things we’re reading today include: Wall Street banks reap $37bn from Trump trading boom ‘House of Commons cryptocurrency’ promoted in Twitter hack Cryptocurrency: Why Commonwealth Bank made an accountant sell his bitcoin at a loss Europe’s fastest growing start-up Allica Bank delivers another record year  UK challenger bank targets US’s mid-tier banking sector with tech... The post Things worth reading: 16th April 2025 appeared...

Some days, I sit and pray that God will give me more money, more opportunity and more hope. Luckily, now he/she/they can, thanks to the Church Bank of Greece. In an interesting move, shared with me by Arjun Vir Singh, a Partner with Arthur D. Little, the Church of Greece is opening a digital bank! The Church... The post If God was a [Digital] Banker appeared...

Things we’re reading today include … How a handful of traders caused the collapse of two cryptocurrencies Critics slam deregulation of crypto as Trump family expands its footprint in industry Standard Chartered and OKX launch crypto collateral pilot Judge orders Bank of America to pay $540 million in FDIC lawsuit | Reuters London banking jobs... The post Things worth reading: 15th April 2025 appeared...

In my presentations these days are five key themes: the fintech revolution; cryptocurrency creation; distributed ledger technology; the AI world; and quantum disruption. I could add to the list – the metaverse, 6G+, robots, etc – but these are the top five in the financial world I live in. Then, when you sit back and... The post The issue with digital appeared first on...

Things we’re reading today include … Crypto scams surge in Israel as AI tech fuels sophisticated fraud Professor Coin: What’s Driving Cryptocurrency Adoption Around the World – Decrypt Bitcoin king: Why is Bhutan betting on crypto? | Business and Economy News | Al Jazeera The Bizarre Origins Of Bitcoin FinTech IPO Index Surges Nearly 14%,... The post Things worth reading: 14th April 2025 appeared...

This week’s main blog discussions include … AI will create 170 million jobs while replacing 92 million … the question is: what jobs? Every day there are more and more headlines about artificial intelligence (AI) AI and its impact on life, the world and the future. The latest one is a good one, which is... The post The Finanser’s Week: 7th April – 13th...

Every day there are more and more headlines about artificial intelligence (AI) AI and its impact on life, the world and the future. The latest one is a good one, which is AI is creating more jobs than replacing them! This comes from the World Economic Forum, whose latest report forecasts that, over the next five... The post AI will create 170 million jobs while...

Things we’re reading today include … Cryptocurrency fraud unit shut down by Justice Department Kraken partners Mastercard to enable crypto payments for UK and European users Cryptocurrency market declines 4.4% amid trade tensions Fintech founder charged with fraud after ‘AI’ shopping app found to be powered by humans in the Philippines | TechCrunch Credit Strategy... The post Things worth reading: 11th April 2025 appeared...

I was thinking about a future where everything is embedded everywhere, intelligent and sentient. What would a day of my financial life look like in 2050? 2050 is a long way away, but here is the scenario. By 2050: currencies have moved from fiat to digital; technology has moved from physical devices to integrated with... The post Life in 2050 with Albert and Jessica...

Things we’re reading today include … Financial Stability in Focus: Artificial intelligence in the financial system | Bank of England Bank of England says AI software could create market crisis for profit Trump’s trade war risks global financial crisis, Bank of England warns Deutsche Bank: The market has ‘lost faith’ in US assets Lloyds Banking... The post Things worth reading: 10th April 2025 appeared...

Your bed wakes you automatically through a system of gentle vibrating, rocking motions with the gradual introduction of light, simulating sunrise. As your eyes open, the bed slowly drops to the floor. You then enter the bathroom which auto­mat­i­cally adjusts to your favourite set­tings from the room tem­per­a­ture to music and coloured light­ing, from the... The post Your life in 2050 appeared first on...

Things we’re reading today include … Bank of America to Spend $4B on AI and New Tech Initiatives Trading Insights: How the Bank of England harnesses AI and data Supervisors monitoring tariffs impact on banks, no liquidity problems yet, Bank of Spain says | Reuters Barclays ditches gender and ethnicity targets in US | Barclays... The post Things worth reading: 9th April 2025 appeared...

There’s a brand new book on the block, which I wish I had written: who is Satoshi Nakamoto? It’s actually not called that. It’s called: The Mysterious Mr. Nakamoto: A Fifteen-Year Quest to Unmask the Secret Genius Behind Crypto by Benjamin Wallace, but you get the idea. Who is Satoshi Nakamoto, the creator of bitcoin... The post Was bitcoin created by America’s NSA? appeared...

Things we’re reading today include … Barclays, HSBC, Bank of America bosses hold crisis tariff talks Fintech companies caught up in tariff turmoil Why the ‘Crypto President’ has overseen a crash in Bitcoin Airwallex Reportedly Plans to Seek US and UK Banking Licenses Bank of England governor Andrew Bailey to lead global banking watchdog Fintech... The post Things worth reading: 8th April 2025 appeared...

I don’t know about you, but I remember getting my first computer back in the 1980s. It was OK, but quite difficult to use and pretty expensive. In around 1990, I got my first laptop and can remember it cost around £2,000. It wasn’t worth it. Ever since, like most people, I’ve probably changed computers... The post Happy 50th Birthday Microsoft appeared first on...

Things we’re reading today include … Klarna puts IPO plans on hold | Sifted UAE aims to launch retail central bank digital currency this year “I am a junior at a top US bank. We openly discuss whether this bank is going under” Lloyds accused of failing small firms as it reduced its lending –... The post Things worth reading: 7th April 2025 appeared...

This week’s main blog discussions include … #Stripe’s policy: by raising risk, you become risk (#RDR) On my LinkedIn stream, I’ve been getting more and more alerts about malpractices at Stripe. That surprises me as they are the poster child of fintech, so I investigated and found that most of my feed was being filled... The post The Finanser’s Week: 31st March – 6th...

I was talking to a wealth management startup the other day, and they showed me an aggregation service that can harvest all of your physical, digital and emotional assets, combined with a death management service that alerts your key people to all the things they need to know to find those assets when you die.... The post Why does no one deal with emotional...

Things we’re reading today include … 70% of bank IT budgets go to maintaining legacy tech European banks exposed to risk of US dollar shortfall, says EU watchdog Pizza brand Papa Johns partners with TrueLayer to offer Pay by Bank | Open Banking Expo Central banks keep gold in focus in February | Post by... The post Things worth reading: 4th April 2025 appeared...

Things we’re reading today include … OnlyFans founder, crypto foundation submit late-stage bid to buy TikTok | Reuters European Fintech in 2025: Can It Overcome Market Fragmentation? Open Banking fintech Yavrio connects with five major US banks | Open Banking Expo US banks predict climate goals will fail – but air conditioning firms will thrive... The post Things worth reading: 3rd April 2025 appeared...