Posts

Embracing the Spirit of the Law

Martin Hagerty, Castlight Financial’s Chairman, once defined company culture to me as “the things people do when they know they’re not being watched”.

I like that definition. Because it doesn’t just apply to companies. It applies to whole industries too. Read more

We Are Singing From The Same Hymn Sheet Mr Davidson

Back in October, I gave the new, international accounting standard IFRS9 a hearty endorsement, because I firmly believe it drives right to the heart of affordability. The IFRS9 standard, introduced in January, has a radical new perspective, recognising the importance of looking forward, anticipating problems before they happen. Read more

Traditional Banks Have a Head Start in the Open Banking Space

The banks are in the media spotlight just now as open banking starts to roll out and the debate gathers steam. Are the banks ready? How are they faring in the brand new open banking space where everyone is jostling for room? Read more

Interest Rate Hikes Raise Red Flags

I talked about the new international accounting standard, IFRS 9 in this blog last week. And its still on my mind, particularly after last week’s interest rate rise and the clear signal from the Bank of England that there are more hikes to come. Read more

Are Tech Giants like Amazon a Real Threat to Traditional Banking?

At a Future of Fintech conference in New York this summer, Anand Sanwal, CEO of CB Insights said that the idea of a “Bank of Amazon” was top of the list of 10 trends to watch in financial services over the next year. Read more

Bank of England Turns Spotlight on “Pocket of Risk”

The Bank of England’s news release, following its September Financial Policy Committee (FPC) meeting, warned that whilst the overall domestic credit environment was pretty stable, there was a “pocket of risk in the rapid growth of consumer credit”. Read more

Gambling & Debt Crises – News we could have Avoided

Two financial news stories broke this week which have particularly saddened me. Two tales of situations where the financially vulnerable in our society have suffered unnecessarily, perhaps even been exploited. And this is heartbreaking, as the human pain and suffering could so easily have been prevented. Read more