~chris-skinner-s-blo | Bookmarks (180)

Dealing with financial abuse It only came to my attention recently in talking about these things with those trying to solve the issues is that financial abuse is as prominent as domestic abuse. If you beat up your partner, you can see the physical bruises; but what about if you coercively control your partner or... The post Can fintech protect the vulnerable? appeared first...

Things we’re reading today include … Rachel Reeves has promised UK fintech the world – now she must deliver ‘Act of war’: Warren Buffett is rocking financial world with a new Trump warning Warren Buffett shocks investors by announcing retirement from Berkshire Hathaway at the end of the year New fintech trends reshape digital finance... The post Things worth reading: 5th May 2025 appeared...

This week’s main blog discussions include … What would you do if you lost a billion dollars? Whilst walking the dog, I’ve been entertained by a fascinating series of podcasts on BBC Sounds called Fool’s Gold. It tells the story of two detectorists – folks who search everywhere using metal detectors – who found gold... The post The Finanser’s Week: 28th April – 4th...

Whilst walking the dog, I’ve been entertained by a fascinating series of podcasts on BBC Sounds called Fool’s Gold. It tells the story of two detectorists – folks who search everywhere using metal detectors – who found gold dating back to the 8th century. Very rare gold. 300 or more coins plus some jewellery. It’s... The post What would you do if you lost...

Things we’re reading today include … UK banks put £75bn into firms building climate-wrecking ‘carbon bombs’, study finds HSBC shareholders urge bank to reaffirm net zero commitment 110-Hour Workweeks Drove Young Bankers to the Brink – WSJ Barclays boss breaks with Lloyds, Natwest and HSBC on major UK banking regulation Revolut and N26 want to... The post Things worth reading: 2nd May 2025 appeared...

Surfing as usual, I stumbled across a new report by Citi talking about Digital Dollars, and how banks and public sector would drive blockchain adoption. So, what does the digital dollar mean? Citi’s view is that “2025 has the potential to be blockchain’s ‘ChatGPT moment’ for adoption in the financial and public sectors. A supportive... The post Citi predict 2025 is when stablecoins explode!...

Things we’re reading today include … Revolut expands into telecom: Can the fintech unicorn keep up with Vodafone and Telekom? Sam Altman-backed Worldcoin cryptocurrency launches in the US Ripple bid up to $5 billion to acquire Circle, offer rejected UK and US join forces to promote responsible cryptocurrency adoption | Digital Watch Observatory Chancellor speech... The post Things worth reading: May 1st 2025 appeared...

The internet was launched in the 1990s based upon generations of technologies that went before. It was designed for the exchange of information, not value. Now, we live in a networked world of information and value exchange, and are trying to retrofit the mechanisms for commerce to a flawed structure. That is why we are... The post Designing the next generation of banking using...

Things we’re reading today include … UK risks losing ground to rival fintech and crypto hubs, execs say U.K. government proposes comprehensive regulations for cryptocurrency industry Bank of England risks ‘killing’ London’s potential to become global hub for stablecoins Reeves unveils new crypto rules as she promises to back UK fintech Prosecutors seek 20-year prison... The post Things worth reading: 30th April 2025 appeared...

I was really irritated the other day as my children wanted to sign on to Minecraft and needed to login to our Microsoft account. The annoyance was two-fold: (a) the Microsoft account has all of my business data in there; and (b) I couldn’t remember the username and password. An hour later it was all... The post Whatever happened to work-life balance? appeared first...

Things we’re reading today include … Bank of England ‘killing’ UK stablecoin ambitions, body warns – City AM HSBC profits drop less than expected as bank announces share buyback of up to $3bn Deutsche Bank reports highest profit in 14 years ‘The mood music isn’t good’: Ultra-wealthy exodus is a disaster for Reeves Bitcoin’s biggest... The post Things worth reading: 29th April 2025 appeared...

Revolut just dropped their annual report and the numbers are simply stunning. In 2024, Revolut processed over £1 trillion in transaction volume, a 52% jump from the previous year, and customer deposits grew to £30 billion. Extraordinary fact: Revolut now serves more customers than HSBC! The question I hear you ask is: why? Why are... The post It ain’t what you do, it’s the...

Thing we’re reading today include … Donald Trump says he cannot rule out insider trading by his staff Why Trump’s tariff chaos could lead to a London IPO boom Post Office to unveil £1.75bn banking deal with big British lenders Swiss National Bank chairman rebuffs bitcoin as reserve asset M&S pauses all online orders after... The post Things worth reading: 28th April 2025 appeared...

This week’s main blog discussions include … How bad is deep fake fraud? I’m listening to a fascinating podcast from the BBC about Whisky Bandits. The scam is that you buy a cask of whisky for thousands of dollars, but the cask you bought does not exist. In other words, you just got a piece... The post The Finanser’s Week: 21st April – 27th...

I’m listening to a fascinating podcast from the BBC about Whisky Bandits. The scam is that you buy a cask of whisky for thousands of dollars, but the cask you bought does not exist. In other words, you just got a piece of paper saying that you own a cask or, in simpler terms, you... The post How bad is deep fake fraud? appeared...

Things we’re reading today include … Revolut profit tops £1bn as it prepares to launch UK bank later this year UK’s FCA seeks to streamline capital rules for investment firms Here’s what stopped Trump in his quest to oust Fed chair Jerome Powell China Declares Currency War: New Plan Aims to Replace the Dollar With... The post Things worth reading: 25th April 2025 appeared...

For centuries, we’ve relied on paper, plastic, and people to prove who we are. A signature, a passport, a nod from someone who knows you — the analogue scaffolding of identity. But in a world where everything is going digital, why are we still treating identity like it’s 1995? Let me be blunt: digital identity... The post Why Digital Identity Is the New Currency...

Things we’re reading today include … Wall Street seems to have decided that Trump is mentally unstable Donald Trump could cost the world a trillion dollars Bitcoin Breaks Records As Cryptocurrency Market Shines Cantor strikes $3.6bn crypto venture with SoftBank and Tether Report: Tennesseans lost millions in cryptocurrency scams last year, per FBI UK’s ‘green’... The post Things worth reading: 24th April 2025 appeared...

In a disturbing new development using AI, I can generate a fake passport in minutes that would fool Revolut and Binance for account opening. This was a discovery by Polish researcher Borys Musielak using ChatGPT-4o, who created a fake passport in five minutes You can now generate fake passports with GPT-4o. It took me 5... The post Create a fake Chris in minutes, thanks...

Things we’re reading today include … Fintech Isn’t Just Back, It’s Being Rearchitected For AI New Research: European Central Bank still backing fossil fuels despite climate promises All change at the US Federal Reserve? Morocco : Digital bank Revolut looking for key to the kingdom GB Bank Breaks £2 Billion Balance Sheet Milestone Report: ING... The post Things worth reading: 23rd April 2025 appeared...

I’m working on my next book which is due for release in spring 2026. The theme is all around how to trust in a deep fake world. As a result, I’ve been talking to a lot of people – technologists, bankers, policymakers, ethicists, hackers (some reformed, some not) – and the conversations is around the... The post How can you prove you are you?...

Things we’re reading today include … Santander deposes UBS as continental Europe’s most valuable bank Rich Americans dump money into Swiss banks as Trump chaos creates dollar anxiety Europe’s fintechs want to bank the rich — can they succeed? Crypto firms seek bank charters Revolut: ‘I was careful and followed instructions closely, but still lost... The post Things worth reading: 22nd April 2025 appeared...

Back in the day, Brett King had this idea of starting a mobile-first bank. It was when Bank 2.0 took off, and I was one of the first investors. We ended up enjoying a day of brainstorming in an American park retreat, and developed the line “spend, save, and live smarter”, which is still there... The post When money thinks for you … appeared...

This week’s main blog discussions include … The issue with digital 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... The post The Finanser’s Week: 14th April – 21st...