Chris Skinner

FEBRUARY 16, 2020

Nevertheless, I … The post Bank Wars, Episode XX: The Rise of FinTech appeared first on Chris Skinner's blog. Yoda is one of the most likable characters in the Star Wars franchise, but I’m not sure if I like the comparison. Yoda is seriously old, speaks in riddles and is tiny and wrinkled.

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Fintech Comparison Digital Banking 466

Chris Skinner

APRIL 2, 2019

I find it interesting when I read perspectives on FinTech, money and banking. Going digital, getting rid of branches, becoming cashless seem to be the main themes, and yet this ignores that every part of the world is different. appeared first on Chris Skinner's blog.

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Chris Skinner

JULY 10, 2019

A few years ago, I posted a guest article from Philippe Gelis, co-founder and CEO of FX firm Kantox, on Why FinTech Banks will rule the world.

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Chris Skinner

JANUARY 13, 2019

The requests would get prioritisation and be delivered in sequence over time, sometimes a very long … The post The new FinTech bank appeared first on Chris Skinner's blog. The CIO would sit outside the business, watching and responding to requests.

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Chris Skinner

MARCH 25, 2019

So, I blogged last week about women in FinTech and whether we care, and got lots of replies … from women … who said yes, we care. One interesting insight is that … The post Women in FinTech … yes, we care appeared first on Chris Skinner's blog.

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Chris Skinner

JULY 30, 2018

A few years ago Jamie Dimon was renowned for saying that bitcoin developers “are going to try and eat our lunch” and that silicon valley was coming to get the banks. Three years later, it’s not quite the case.

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Chris Skinner

JUNE 21, 2018

Banks that get digital and banks that don’t; fintechs that want to change everything and fintechs that don’t; digital currencies to replace fiat currencies and fiat currencies that are going digital; destruction, disruption and disappointment; and more.

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Chris Skinner

MARCH 25, 2019

So, I blogged last week about women in FinTech and whether we care, and got lots of replies … from women … who said yes, we care. One interesting insight is that … The post Women in FinTech … yes, we care appeared first on Chris Skinner's blog.

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Chris Skinner

NOVEMBER 4, 2018

Starting From Scratch – The Path for Western FinTech It would be incorrect to call Chris Skinner an industry old hat, since despite his 10+ years in the FinTech industry, he’s known for being on the … The post Becoming a Digital Bank: the how and why appeared first on Chris Skinner's blog.

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Chris Skinner

JULY 5, 2018

The battles for the future of fintech The future of financial … The post The battles for the future of fintech appeared first on Chris Skinner's blog. The subsequent article is behind a paywall but, as they sent it across to me, I feel it’s worth sharing here.

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Chris Skinner

SEPTEMBER 5, 2018

I recently blogged about JP Morgan Chase spending $10 billion a year on technology of which $3 billion goes into new projects. There were then several other announcements that caught my attention about Citibank and Bank of America investing similar amounts in digital. appeared first on Chris Skinner's blog.

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Chris Skinner

NOVEMBER 24, 2019

It starts with talking about how Santander can make a difference on climate change with Ana claiming that the bank is voted the most sustainable bank in the world. But when the interviewer, Erik Schatzker, asks her … The post Ana Botin of Santander on FinTech and Blockchain appeared first on Chris Skinner's blog.

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blockchain Fintech Digital Banking Innovation 389

Chris Skinner

SEPTEMBER 15, 2019

For all the talk about how well FinTech start-ups are doing, I hear two regular laments from bank CEOs. First, why aren’t we valued like FinTechs? and second, why aren’t FinTechs regulated like us.

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Chris Skinner

JUNE 29, 2020

During my MoneyBox interview about Wirecard (see end of this blog), Paul asked me the question: how could this happen again? Wirecard won’t shut down FinTech. This means this is not the end … The post BaaS works, it’s the regulations that don’t appeared first on Chris Skinner's blog. What’s next?

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Chris Skinner

JUNE 18, 2019

He’s written quite a few columns on Forbes that are clickbait: Customers don’t want digital banking The FinTech fast follower fallacy (which I spotted just after writing this yesterday) His latest created quite a twitter furore and was targeted at … The post Monzo and Marcus: American challengers or just noise?

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Chris Skinner

SEPTEMBER 24, 2018

I’m often asked how I got into FinTech. Back in the day, it wasn’t called FinTech. It was just boring old tech in banking. Interestingly, for almost a quarter century, tech … The post Are banks serious about fintech? appeared first on Chris Skinner's blog. It wasn’t cool.

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Chris Skinner

APRIL 4, 2018

There’s a lot of discussion about FinTech and what it means to banks. Originally, everyone was talking about disruption, disintermediation and dissing banks. I personally believe most of the discussion is off-beam … The post What FinTech means to banks appeared first on Chris Skinner's blog.

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Chris Skinner

MARCH 28, 2019

I used to blog about blockchain and distributed ledger technology (DLT) almost once a week … four years ago. Today, I hardly blog about it at all.

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Chris Skinner

JULY 21, 2017

The problem is that old systems and legacy technologies stop the bank moving forward into the nimble and agile future on offer today, and this is exactly what FinTech start-ups believe they can exploit as it is clearly a weakness for the large banks.

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Chris Skinner

JULY 11, 2017

After the global financial crisis, they all jumped off it again, and most global, universal banks ambitions are now clipped back to purely being able to support their global corporate clients’ needs. But I was equally struck by a banker who laughs at the idea of a global currency that circumvents banks.

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Chris Skinner

JUNE 30, 2016

I was piqued by Victor Matarranz’s [SEVP Head of Group Strategy and Chairman’s Office, Banco Santander] presentation at MoneyConf last week, mainly because he began by talking about Fintech 1.0 versus Fintech 2.0. Fintech 1.0

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Chris Skinner

JANUARY 20, 2020

Varun Mittal, Associate Partner with EY, recently posted a couple of interesting slides about the launch of virtual banking licences to encourage challenger banks in Asia. If you’re not aware, there’s a great deal of digital banking activity across Asia.

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Chris Skinner

JANUARY 22, 2019

In another guest post related to industry versus digital banking Marko Wenthin, co-founder of solarisBank, sent this insight into my discussion of FinTech banks last week. appeared first on Chris Skinner's blog.

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Chris Skinner

MARCH 5, 2019

I’ve talked a little about TechFin in the past but, in my presentations, I talk more and more about TechFin versus FinTech. FinTech is doing what we’ve always done, cheaper and faster and better with technology. It’s a … The post Are banks customer focused? appeared first on Chris Skinner's blog.

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Fintech Technology Digital Banking 391

Chris Skinner

OCTOBER 12, 2017

All well and good, you would think, but several surveys point to it not being … The post Don’t be so blasé about people loving FinTech appeared first on Chris Skinner's blog. The push is for data sharing with trusted third parties with user consent.

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Chris Skinner

APRIL 4, 2018

I was super impressed by an article written by FinTech friend Bradley Leimer for International Banker the other day, and asked if I could share on the blog. Bradley kindly said yes, so here you are. Enjoy the read!

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PYMNTS

JULY 27, 2020

Hackers boasting that they have “cracked” some of the hashed passwords stolen from digital banking aggregator Dave may be one of the most disturbing elements to emerge from the cyberheist that exposed the private information of millions of users, a top expert notes.

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Chris Skinner

JANUARY 11, 2018

Just before Christmas, I was interviewed by a Turkish magazine about the future, Turkey and fintech. I thought it might interest folks to share it here … When you wrote your first book about fintech – little was known about it.

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Chris Skinner

MAY 18, 2016

I’m often asked whether banks should be afraid of the threat of Fintech. My answer is that most Fintech is enhancing what banks do, rather than threatening their core business.

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Chris Skinner

JUNE 4, 2019

You could join a hot FinTech unicorn like Monzo, SoFi, Stripe, Ant Financial, Ping … The post The war for (banking tech) talent appeared first on Chris Skinner's blog. The challenge of finding top coders is a big one, as there’s an awful lot of other firms to join out there.

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Chris Skinner

JUNE 9, 2017

I could go on, but there are very strong reasons for reimagining the bank through a digital transformation project right now, one of which is that the 1000s of start-ups who are focused on doing just one thing really well through an API are companies they could partner with.

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Chris Skinner

AUGUST 13, 2019

I recently attended a FinTech conference where Henry Ma, Vice President & Chief Information Officer of WeBank, presented an update of how the bank is faring in China. This may … The post A bank that runs accounts for just 50 cents a year appeared first on Chris Skinner's blog.

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Chris Skinner

SEPTEMBER 11, 2019

To be like a young, FinTech unicorn. However, there is a massive difference between … The post We’re just a technology company that happens to have a banking licence appeared first on Chris Skinner's blog. To be like a start-up. To be like a Silicon Valley angel investment firm.

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Chris Skinner

APRIL 8, 2019

During the weekend I presented the trends on FinTech and Tech Fin, my two favourite subjects. The … The post The challenge of transforming into “Banks of the Future” (research) appeared first on Chris Skinner's blog.

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Chris Skinner

OCTOBER 17, 2018

I don’t normally share press releases or advertorial, because this is my blog and it’s meant to be neutral and independent, but I have a stake in 11:FS and so this is different.

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PYMNTS

NOVEMBER 17, 2020

Bank-FinTech collaboration continues to thrive as more financial service providers place small- to medium-sized businesses (SMBs) front-and-center of product development. Bank-FinTech collaboration isn't all about FIs ingesting third-party products and services. Yapily Broadens Open Banking Tech Into Germany.

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Chris Skinner

JUNE 26, 2020

appeared first on Chris Skinner's blog.

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