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Hi Hamish, well said and a very comprehensive list indeed. Point 9, Scalability could also be titled Scalability & Portability, as we are increasingly seeing requirements that will demand any  'global/centralised' solution  to support local instances. These increasingly need to be 'parachuted' into domestic markets to meet GDPR and PII requirements.   At this level, cloud agnostic systems start to look very interesting as not all clouds are equal in all countries!    

Great to see banks taking a role here - I note that LHV bank  have about 200 fintechs on their platform.      Demonstrates the power of a bank to provide the Oxygen that fintechs need to thrive and expand

Kier Starmer is politically exposed, but not in the traditional 'Financial Services' sense of the phrase. :-) 

We are in an interglacial period - the world is warming and ice caps are melting as they have done before - and David Lammy thinks he can stop that happening.  Bit like King Canute! 

I used to think this way.... have thought this way for years......   and like Mobile payment growth, being confidently predicted by Juniper research for MANY years before take-off, I see the A2A boom taking much longer than predicted.....     the vast majority of transactions dont need to be A2A,   they need time for security checks to protect the payor and payee and consumers understand this.  Will i get a discount for immediate payment?  Will the discount be worth the risk?  time will tell -  hope to prompt some debate? 

how does this hold true in the Mobile Wallet where any card from any bank can operate at will?  this is good for individuals with limited financial services exposure......   good idea but dont see the USP driving massive use. 

Seems that trade sanctions whether imposed out of Pseudo science around climate change (and human contributions to it) or as a retaliatory sanction imposed by a state government continue to be bad for business.   Not sure any of this is good for the advancement of the human experiment.

Wow - in 1988 in the UK we had 'Burtons Cards'  and Yorkshire Bank Retail Services ran a 'Budget Account'    If you put money into the account every month, a Line of Credit would be extended....    sales would be discounted, offers made, AND  Burtons/YBRS enjoyed VERY CHEAP borrowing, paying their Consumers 2% APR  interest - versus the 8-14% rates that commercial borrowingwould cost them......   This is a GREAT initiative and proves that what goes around comes around.... I take my hats off to the great innovators at Burtons Menswear and YBRS.....   I dont recall massive sums going on deposit, but it was great window dressing and was a good news story!   Gotta love a new initiative! 

Its been called 'Kiting' forever and has been banned by most credit providers 'forever'....  I guess the BNPL guys slipped under Chase's radar for a while....  Sounds like they closed a loophole

The hardware is something we all have and own now.... If you dont have a smartphone then the bank probably doesnt want you as a customer.... thats what Post offices are for.  Biometrics work well these days!