The Future of Fintech with Chris Skinner
Fintech is pushing the world forward in incredible and surprising ways… but predicting where it will all lead is something only a few experts have true insight on. Fortunately, Scott was able to chat with one such expert, Chris Skinner, who has dedicated his career to exploring the present, and future, of payments and fintech industries on this week’s show.
Chris Skinner is known as an independent commentator on the financial markets and Fintech through his blog, The Finanser. He is also as an author of the bestselling books Digital Bank, ValueWeb and its new sequel Digital Human. In his day job, he is Chair of the European networking forum The Financial Services Club, Chair of Nordic Finance Innovation, as well as a Non-Executive Director of the Fintech consultancy firm 11:FS. He has been voted one of the most influential people in banking by The Financial Brand, a FinTech Titan by Next Bank, one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News, and so much more.
Payments Industry Insights In This Episode
- How the digital revolution has, and will continue to democratize wealth.
- Chris’ thoughts on QR codes as a payment system.
- Why Bitcoin won’t be the world’s universial currency… but a G20 Coin might.
- Chris’ answer to the question, “Will paper money become completely obsolete… in our lifetime?”
- What Chris thinks about the current and future world of payments and Fintech.
- With a whole bunch more!
Featured on the Show
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Industry Spotlight
Digital Human: The Fourth Revolution of Humanity Includes Everyone
“We live in the fourth age of humanity.
The first phase was becoming human. The second was becoming civilised, when we created money. The third was becoming commercial, when we created banks. In this fourth age of humanity, we have turned ourselves into Digital Humans.
Technology is changing the way we talk, trade and transact. We are now interfacing with technology whenever we do business, make friends, and go about our lives. What does this mean for business, banking, society and government? What does this mean for you?
Digital Human explores the transformations that are sweeping through all spheres of life: the domination of global digital giants; the advent of new financial structures (FinTech); the disruption brought about by Bitcoin; the rise of robots; and the fall of banks.
The book also gives the first in-depth English case-study of Ant Financial and Alipay, the largest payments processing company in the world. Soon, not only will everyone on the planet be connected digitally, they can be raised out of poverty through inclusion.
We are living through the age of creating the next generation of humanity. What does the future hold?”
Small Business Organization of the Week
America’s SBDC
If you’re an entrepreneur, small business owner, or just working in a small business, you’ll inevitably run into challenges as you work to grow. You also could benefit greatly from connecting with others in your niche, or just having some extra guidance. With that in mind, we want to honor organizations that are bringing business owners, future business owners, and even employees from many different areas together.
That’s why every episode we recognize and award a small business organization or group of the week. We also look to PayPod listeners to give us nominations. If you have an organization in mind, send us a message on social media (or email) and let us know!
This week though, we’re happy to award America’s Small Business Development Centers or SBDC.
America’s SBDC represents America’s nationwide network of Small Business Development Centers (SBDCs) – the most comprehensive small business assistance network in the United States and its territories.
SBDCs are hosted by leading universities, colleges, state economic development agencies and private partners, and funded in part by the United States Congress through a partnership with the U.S. Small Business Administration.
There are nearly 1,000 local centers available to provide no-cost business consulting and low-cost training to new and existing businesses. Small business owners and aspiring entrepreneurs can go to their local SBDCs for FREE face-to-face business consulting and at-cost training on a variety of topics.
Needless to say, this is important work and certainly worthy of recognition!