Banks could be “good guys” for a change. OpenSAFELY is a capability that provides public policy and academic researchers access to the health information of the whole population of England in a hyper- secure manner. Because of its federated architecture it lends...
There is a lot to like in Joe Garner’s Future of Payments Report but one of his top recommendations, namely Open Banking (without some form of Competition and Markets Authority style compulsion) can offer competition to cards for retailers, is too optimistic....
The Bank of England is consulting on the design of digital pound but they are asking the wrong question: they should be asking whether the digital pound is the best answer to the challenges that motivate them; – it is not. Executive summary The Bank of England...
They go together. Central-Bank Digital currencies (CBDC) look to be an inevitability. Given that, can we at least use the UK government’s new digital identity trust framework to ensure some level of privacy. Premise one – CBDCs are inevitable The Bank for...
The evolution of InterBank Markets Banks, like all businesses, exist to make money. Originally, they used to earn this money by using the interest margin between the taking in of deposits, and the lending out of cash. By taking deposits from the general public, in the...
ICB Ring Fencing will make the UK’s ‘Big 5’ less competitive in International and Private Banking in particular and possibly all banking Introduction It is about 18 months since HBW wrote about the Independent Commission on Banking (ICB) recommendations on Ring...
