There’s a huge furore in Britain about debanking: the process where a bank says we cannot trust you anymore so get lost. It happened to Nigel Farage, a high profile figure, and now it’s happened to me. What happened? My bank basically decided that my regular withdrawals from a crypto exchange looked like money laundering... The post I just debanked my bank … before they debanked me appeared first on Chris Skinner's blog ..read more

Things we’re reading today include … Goldman Sachs becomes latest bank to withdraw from London – The CFO (the-cfo.io) JPMorgan’s Jamie Dimon Has a Tech Rival: Silicon Valley Bank – Bloomberg UK bankers warned of ‘severe losses’ if they fail to monitor private equity exposures | Private equity | The Guardian The Fintech Files: Has... The post Things worth reading: 24th April 2024 appeared first on Chris Skinner's blog ..read more

As mentioned yesterday, I had the pleasure of moderating a fireside chat with Joanne (Jo) Dewar during IFGS last week. If you don’t know Jo, she’s a bit of a legend. You can find out all details here and, although she has achieved a lot in her career, her latest move is an interesting one:... The post How UK fintech can seize a £274 billion opportunity appeared first on Chris Skinner's blog ..read more

Things we’re reading today include … Billionaire Mark Cuban Issues Post-Halving Bitcoin Warning Amid ‘Unprecedented’ Crypto Fee Price ‘Chaos’ (forbes.com) HSBC-backed fintech Monese plots break-up amid mounting losses | Business News | Sky News Central banks embark on tokenisation project (finextra.com) Shadow banking collapse would ‘put millions of jobs at risk’ (telegraph.co.uk) Anger in the... The post Things worth reading: 23rd April 2024 appeared first on Chris Skinner's blog ..read more

I was at the Innovate Finance Global Summit last week and it was fantastic, as can be seen by the pic above of the CEO and Chair having a whale of a time on stage. The job I had to do was interview Jo Dewar on stage who just launched Project Nemo (more on that... The post What happened at the Innovate Finance Global Summit? appeared first on Chris Skinner's blog ..read more

This week’s main blog discussions include … Am I financial marmite? At a conference the other day, a banker came up to me and said “oh, you’re that fintech guy who throws rocks at us all the time”. A short while later, a fintech founder came up to me and said “oh, you’re the banking... The post The Finanser’s Week: 9th April – 21st April 2024 appeared first on Chris Skinner's blog ..read more

At a conference the other day, a banker came up to me and said “oh, you’re that fintech guy who throws rocks at us all the time”. A short will later, a fintech founder came up to me and said “oh, you’re the banking guy who thinks we will all fail”. Interestingly, a short time... The post Am I financial marmite? appeared first on Chris Skinner's blog ..read more

My new book arrives soon. Titled Intelligent Money and sub-titled When Money Thinks For You, it should be a monster. You can order it from today here on Amazon and all other good book stores. What’s the book about? It’s all about Generative Finance where AI integrates with money. In preparation for this new book,... The post Intelligent Money: When Money Thinks For You appeared first on Chris Skinner's blog ..read more

Things we’re reading today include … Brazilian woman arrested after taking corpse to sign bank loan: ‘She knew he was dead’ | Brazil | The Guardian Blair Institute sets out ‘progressive vision’ for fintech (finextra.com) What Is the World Bank, and What Does It Do? (investopedia.com) What is the Bank of England and why does... The post Things worth reading: 18th April 2024 appeared first on Chris Skinner's blog ..read more

The bank that wants to verify my identity but cannot accept the information … OMG, what’s going on? Under new UK government rules, there’s been a crackdown on money laundering and customer identity in the banking system. The response of the banks has been archaic to say the least. By way of example I blogged... The post WTF … who the finanser are you? appeared first on Chris Skinner's blog ..read more