Recommended reading: Add them to your reading list and let me know what you think.
The Currency Cold War by David Birch
The way that money works now is a blip. It’s a temporary institutional arrangement agreed in response to specific political, technological and economic circumstances. As these circumstances change, so money must change. Many people think that it will undergo a pretty significant change in the very near future and we need to start planning for the coming era of digital currency. The historian Niall Ferguson wrote in 2019 that ‘if America is smart, it will wake up and start competing for dominance in digital payments’. Competing for this new currency dominance could mean a new cold war in cyberspace with, for example, Facebook’s private currency facing off against China’s public currency facing off against a digital euro. Or would a digital dollar win this new space race?
Doing Digital: Lessons from Leaders by Chris Skinner
There has been lots of discussion of digital and open banking, banking-as-a-service, banking platforms, FinTech and TechFin and more over the past decade. This all indicates that we are in a decade of rapid cycle change that presents huge challenges and huge opportunities. Billion dollar unicorns appear rapidly, whilst internet giants achieve global domination. How are banks dealing with these changes and are any banks showing leadership? Well yes, a few are. With all the gloom merchants saying that traditional banking is doomed, a few banks have made radical moves to adapt and survive.
The Digital Human by Chris Skinner
Digital is far-reaching and ubiquitous – everything you know is about to change. We are living in the fourth age of humanity. First, we became human. Then we became civilized. The third age saw the creation of commerce. Now, we are becoming digital. Technology has changed the way we communicate, trade, and transact, with repercussions extending far beyond our personal spheres. Digital Human is a visionary roadmap for the future, a timely guide on how to navigate the world of finance as we create the next generation of humanity. It explores the digital evolution’s impact and offers clear insights on thriving in this new era. Human and business relationships are evolving, and existing businesses must undergo substantial transformative changes to compete with the smaller, “lighter,” and more agile companies that are able to quickly maneuver to match shifting consumer demands.
The Paytech book by Susanne Chishti
The only globally-crowdsourced book on the future of payments (“PayTech”), offering comprehensive understanding of a rapidly evolving industry at the centre of global commerce The movement of money between individuals, organisations and governments is crucial to the world economy. The payments industry has undergone immense transformation – new regulations, technologies and consumer demands have prompted significant changes to the tools, products and use cases in payments, as well as presented lucrative opportunities for entrepreneurs and FinTech professionals. As payment technologies become faster and more efficient, companies and investors are increasingly favouring PayTech innovation due to better customer experience, increased revenues and manageable risks. The PAYTECH Book brings together a diverse collection of industry experts to provide entrepreneurs, financial services professionals and investors with the answers they need to capitalise on the highly profitable PayTech market.
Till Times Last Stand by David Kynaston
‘Not an ordinary bank, but a great engine of state,’ Adam Smith declared of the Bank of England in 1776, which for over 320 years has been central to British history. Yet to most people, despite its increasingly high profile, its history is largely unknown.
Till Time’s Last Sand is the first authoritative and accessible single-volume history of the Bank of England, from the Bank’s founding in 1694 to Mark Carney’s appointment as Governor in 2013. This history addresses the important debates about the Bank’s purpose and modes of operation. Yet this is also a narrative that does full justice to the leading episodes and characters of the Bank, while taking care to evoke a real sense of the place itself, with its often distinctively domestic side.
Making It Happen by Iain Martin
I was in two minds as to whether I ought to read ‘Making It Happen’ but these events had a significant impact on my time leading the UK’s retail payments system – if you were in the industry during this time then its a must read.
Bank 4.0 by Brett King
In the final book in the digital ‘BANK’; series, Brett King tackles the topic of whether banks have a future at all in the emerging, technology embedded world of the 21st century. In 30-50 years when cash is gone, cards are gone and all vestiges of the traditional banking system have been re-engineered in real-time
The Social CEO by Damien Corbet
The Social CEO: How Social Media Can Make You A Stronger Leader A proactive social media presence is a must for today’s CEO but……
“Change is happening and it will continue. It’s disruptive, challenging and uncomfortable. It’s time to get comfortable with being uncomfortable” – a proactive social media presence is a must for today’s CEO but it can also be a difficult place to be – Damian’s book is thought provoking and informative
The Money Revolution by Anne Boden
Chapter by chapter Anne challenges you to review every aspect of your financial life.
If you read just one book about managing your finances this is the book.
Accessible, practical and relevant advice about taking control of your money, building wealth, conducting a smart money makeover & clever borrowing.
The Bank that lived a little by Philip Augar
A must read for those who want to understand what went on at Barclays since the Big Bang in 1986 – especially if you were at Barclays during that time.
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