10 Apr3 reasons Digital Local Currency would be good for the community. Stuff worth knowing from The Bankers’ Plumber

Local: where we are, where we live, where we spend our time. Something so close is something we are likely to care about quite a lot. Digital and perhaps Blockchain aka DLT could make a big difference to our experience. The services in our local village, just outside Zurich, are important to our family. We […]

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15 Jan3 reasons to read the UBS view on Blockchain: Stuff worth knowing from The Bankers’ Plumber

“Is the Blockchain going to be useful? Discuss.” This would be a valid and great exam question. Good news; the good folks chez UBS have done some great research on this. Yes, big banks and useful in the same breath. “Cutting through the blockchain hype” is worth paying attention to for a number of reasons: […]

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28 NovThe Bankers’ Plumber on PSD2: APIs and the Blockchain

PSD2. Not a new Sony game console, but a European directive aimed at setting standards requiring banks to open up their systems. Essentially this has things FinTech at its core. Regulation will do something for clients. The Blockchain could help do more. About PSD2 One of the requirements is for banks to open up their […]

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11 OctThe Bankers’ Plumber on FinTech: 3 things Blockchain and Payments to be aware of

This week: news on two things Blockchain and payments, one a real life proof of concept, the other of good intentions. Lastly a thought about how regulation in Europe will force some change in the payments space though not as much as we think. First, news of a successful proof of concept in the correspondent […]

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03 OctThe Bankers’ Plumber on FinTech: 3 Things I have learned in the last week

SIBOS, probably the largest global gathering of the FS profession, took place in Geneva last week. Not surprisingly, this was a catalyst for many announcements on matters FinTech. FinTech is a tricky subject to keep up with and that effort has something in common with trying to stay on top of things clearing, Dodd Frank […]

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05 SepThe Bankers’ Plumber on FinTech: Immutability

This week’s post is inspired by the taxman and the work of a Goldman Sachs alum. Even if the words inspiration and taxman are not words you expect to see in the same sentence, please read on, if only for your own inspiration. My consulting activity is run though my limited company. I am already […]

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26 Aug3 things Blockchain to understand this week.

Keeping up this topic is a real challenge. I feel much like I did when Dodd-Frank, EMIR and Clearing were foisted on us; you think you have a grasp of things, when along comes some news and you start to question what you know. Here are my three observations for the week on the B […]

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15 AugBanks are neither efficient nor effective. Don’t wait for the Blockchain. Fix inter-company processing now.

Discuss. That would be the one word added to that sentence if this were a school exam paper. In the spirit of answering questions and exam season, this week’s post looks at the money that is wasted by banks, because they don’t get the basics right. Banks are not consistently effective; a Guardian article last […]

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18 Jul5 lessons from Citibank’s recent $7 million fine for reporting errors. 

That sort of money is a big deal for ordinary folk, it is even enough to pay 20 people at Goldman Sachs for a year and while it may not be a lot for Citi, which has a rap sheet as long as a career criminal’s in Essex, if you are the the Bankers’ Plumber […]

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30 Jun3 big operational gains from Blockchain?

Hey! The Canadians are out in front. Not the one at the helm at the Bank of England doing his best to steady the good ship Sterling post the Brexit vote, but their Central Bank, which is working with R3Cev to put CAD on the Blockchain. Or to be precise to allow for CAD to […]

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