Chris Skinner

Banks should continually try out new technologies, even after failed experiments.

Banks should continually try out new technologies, even after failed experiments.

In many countries, customers bank for free, but the reality is the poor largely subsidize “free” banking services through overdrafts and consumer loan payments. This model is seriously flawed, but it is about to change.

The best solution to the current broken identity system is to flip the authentication process from third parties to the users themselves.

We know banks don’t like failure. But what is lesser known is how their reluctance is all to do with banking's compliance culture.

Up to now, the most successful fintech firms have tried to fill gaps in underserved market, not replace banks. But a new crop of U.K. startups seeking bank charters is turning up the heat.

Financial institutions are trusted stores of data about money because they are insured and have a license from governments to operate. Monetizing that data can give them a leg up on the tech giants.

Banks have resisted the need to switch their core systems, but how long can a financial institution continue to operate on a foundation of dust?

The two leading contenders vying for the cryptocurrency crown both have serious backing, but the technology is still developing and the endgame is still a ways away.

While many fintech companies are trying to disrupt banking niches, the blockchain has the greatest potential to completely transform finance the way Uber and others have done for their industries.