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Publication Date<br />

04-Feb-2018<br />

Headline The Finanser’s Week: 29th January 2017 – 4th February 2018<br />

Outlet<br />

URL<br />

Snippet<br />

Chris Skinner's BLOG<br />

Click to open<br />

The main blog headlines are … Tencent’s WeChat Pay is AliPay major rival I’ve written a lot<br />

about Ant Financial – they’re a 30,000 word case study in my new book – mainly because<br />

they are the first payments platform to focus upon global reach for financial inclusion. That is<br />

not to say that I am ignoring the … Even with a bribe, no one switches their bank account I<br />

was intrigued to see the latest account switching numbers for the UK. Switching has been a<br />

focus of the Competition & Markets Authority, regulators, government and more, and yet<br />

promoting people to switch is not working. According to the latest stats, there are around 70<br />

… The young visionaries changing banking I’ve talked a lot about how young visionaries are<br />

re-shaping the financial industry. John Collison was 19 when he founded Stripe with his<br />

brother Patrick, and Ollie Purdue was 21 when he dropped out of university to found<br />

neobank Loot. In fact, there are many innovators … FinTech, cryptocurrency and corporate<br />

change I was recently recorded on Roger Edwards’ podcast talking about FinTech,<br />

cryptocurrency and corporate change. Roger is a marketing strategist focused upon the<br />

insurance industry, and produces regular podcasts about said subject. You can checkout<br />

his website here, and here’s the low-down of our chat: On … More on #Brexit, passporting<br />

and equivalence Another great Brexit debate at the ISITC Europe annual bash the other<br />

day. I was on a panel with Kay Swinburne, MEP Member of Economic and Monetary Affairs;<br />

Rebecca Healy, Lead Analyst of Financial Market Structure at Liquidnet; and Michael<br />

Cooper, CTO Radianz, BT Global … The latest <strong>news</strong> headlines … eBay drops PayPal as<br />

first choice for payments – BBC<br />

The online marketplace says the move will benefit both sellers and buyers. EU rebuffs City<br />

proposal for Brexit deal on financial services – The Telegraph Santander warns UK<br />

outsourcing under ‘stress’ after Capita profit warning – The Telegraph Borrowers ignoring<br />

mortgage timebomb, says FCA – BBC<br />

Nearly one in five mortgage-holders has an interest-only home loan, but many do not have a<br />

plan for the final bill. US files ‘spoofing’ charges against UBS, HSBC and Deutsche Bank –<br />

The Telegraph Deutsche Bank defends bigger bonus pool after German political backlash –<br />

The Telegraph 1 in 5 people have a secret bank account – Mirror<br />

According to a survey by TD Bank, almost one in five people keep secret bank accounts<br />

from their partners these days. It appears the practice is more popular among young people.<br />

Bank-based blockchain projects are going to transform the financial services industry –<br />

TechCrunch<br />

Cryptocurrencies are constantly evolving, with popular currencies such as Bitcoin and<br />

Ethereum maintaining their popularity despite recent market corrections. City banks<br />

downsizing – and it has little to do with Brexit outcome – The Telegraph ‘Larry’s Letter’<br />

drives charge for reimagining of global capitalism – The Telegraph If you like the Finanser,<br />

check out our latest book: Digital Human The Financial Services Club is sponsored by:

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