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Time to think differently about money? How Fintech is changing the world
Thursday 5 May 2016

Business Rocks, a new event promoting Manchester as a major hub for technology arrived last month.

Manchester is the city where the atom was first split, where Alan Turing conducted pioneering research that heralded the computer age and is now at the very centre of developing ground breaking graphene technology.

So, new initiatives to continue this fantastic legacy and to tell the world that Manchester has so much technological talent and innovation to offer are welcome.

It was perhaps fitting that Apple co-founder Steve Wozniak was the headline speaker – a sign of intent on the part of the organisers.

As a PR agency, SkyParlour works with Fintech companies across the globe from its Manchester headquarters.

In the digital age we provide communications advice to Fintech businesses from Germany to the USA, Holland to Canada.  So, it was with special interest that I watched a presentation by Chris Gledhill, CEO of Secco Bank on the future of money.

Chris urged the audience to think about money differently.

He pointed out that we have 84.2m contactless cards in the UK alone.  A timely and interesting fact in the light of a new report that 75% of Brits expect paper based money will disappear as a major way of buying goods and services by 2021.

Chris urged us to think about currencies differently, in terms of their value to society.  One particularly striking illustration he gave is that in India water is dispersed instead of cash.

Chris commented that currency could be tokens, data, intellectual property, energy as well as money.  Could you buy shares in a successful career he noted?  A currency can be something that has qualities that are of value to society.

We also need to rethink how we access currency.  In India hundreds of million people, with no bank card, use fingerprint technology to access their accounts.  In China, payments can be made through popular text and voice messaging communication service WeChat.

If you thought that governments are way behind, Chris pointed to the Ecuadorian’s government use of a digital currency – Sistema de Dinero Electronico – brought in last year as it ditched the US Dollar as its defacto currency.

These are interesting times and the FinTech industry is leading the way.

On a last note, Chris stated that Fintech is strong in the UK and Ireland, with more deals than the rest of Europe combined.  Now, it’s time to ensure that Manchester follows its tradition to be at the forefront of innovation and help lead the UK in changing the world through Fintech technology.

 

See what’s going on in the world of Fintech, Payments & other business events at skyparlour.com/events 

Copyright © 2017 SkyParlour Limited
Registered in England and Wales, Company Registration Number 07009362
Our Cookie Policy can be found here
Site design by Dan Yuen at Contains Graphic Images
News
Time to think differently about money? How Fintech is changing the world
Thursday 5 May 2016

Business Rocks, a new event promoting Manchester as a major hub for technology arrived last month.

Manchester is the city where the atom was first split, where Alan Turing conducted pioneering research that heralded the computer age and is now at the very centre of developing ground breaking graphene technology.

So, new initiatives to continue this fantastic legacy and to tell the world that Manchester has so much technological talent and innovation to offer are welcome.

It was perhaps fitting that Apple co-founder Steve Wozniak was the headline speaker – a sign of intent on the part of the organisers.

As a PR agency, SkyParlour works with Fintech companies across the globe from its Manchester headquarters.

In the digital age we provide communications advice to Fintech businesses from Germany to the USA, Holland to Canada.  So, it was with special interest that I watched a presentation by Chris Gledhill, CEO of Secco Bank on the future of money.

Chris urged the audience to think about money differently.

He pointed out that we have 84.2m contactless cards in the UK alone.  A timely and interesting fact in the light of a new report that 75% of Brits expect paper based money will disappear as a major way of buying goods and services by 2021.

Chris urged us to think about currencies differently, in terms of their value to society.  One particularly striking illustration he gave is that in India water is dispersed instead of cash.

Chris commented that currency could be tokens, data, intellectual property, energy as well as money.  Could you buy shares in a successful career he noted?  A currency can be something that has qualities that are of value to society.

We also need to rethink how we access currency.  In India hundreds of million people, with no bank card, use fingerprint technology to access their accounts.  In China, payments can be made through popular text and voice messaging communication service WeChat.

If you thought that governments are way behind, Chris pointed to the Ecuadorian’s government use of a digital currency – Sistema de Dinero Electronico – brought in last year as it ditched the US Dollar as its defacto currency.

These are interesting times and the FinTech industry is leading the way.

On a last note, Chris stated that Fintech is strong in the UK and Ireland, with more deals than the rest of Europe combined.  Now, it’s time to ensure that Manchester follows its tradition to be at the forefront of innovation and help lead the UK in changing the world through Fintech technology.

 

See what’s going on in the world of Fintech, Payments & other business events at skyparlour.com/events 

Copyright © 2017 SkyParlour Limited
Registered in England and Wales, Company Registration Number 07009362
Our Cookie Policy can be found here
Site design by Dan Yuen at Contains Graphic Images
News
Time to think differently about money? How Fintech is changing the world
Thursday 5 May 2016

Business Rocks, a new event promoting Manchester as a major hub for technology arrived last month.

Manchester is the city where the atom was first split, where Alan Turing conducted pioneering research that heralded the computer age and is now at the very centre of developing ground breaking graphene technology.

So, new initiatives to continue this fantastic legacy and to tell the world that Manchester has so much technological talent and innovation to offer are welcome.

It was perhaps fitting that Apple co-founder Steve Wozniak was the headline speaker – a sign of intent on the part of the organisers.

As a PR agency, SkyParlour works with Fintech companies across the globe from its Manchester headquarters.

In the digital age we provide communications advice to Fintech businesses from Germany to the USA, Holland to Canada.  So, it was with special interest that I watched a presentation by Chris Gledhill, CEO of Secco Bank on the future of money.

Chris urged the audience to think about money differently.

He pointed out that we have 84.2m contactless cards in the UK alone.  A timely and interesting fact in the light of a new report that 75% of Brits expect paper based money will disappear as a major way of buying goods and services by 2021.

Chris urged us to think about currencies differently, in terms of their value to society.  One particularly striking illustration he gave is that in India water is dispersed instead of cash.

Chris commented that currency could be tokens, data, intellectual property, energy as well as money.  Could you buy shares in a successful career he noted?  A currency can be something that has qualities that are of value to society.

We also need to rethink how we access currency.  In India hundreds of million people, with no bank card, use fingerprint technology to access their accounts.  In China, payments can be made through popular text and voice messaging communication service WeChat.

If you thought that governments are way behind, Chris pointed to the Ecuadorian’s government use of a digital currency – Sistema de Dinero Electronico – brought in last year as it ditched the US Dollar as its defacto currency.

These are interesting times and the FinTech industry is leading the way.

On a last note, Chris stated that Fintech is strong in the UK and Ireland, with more deals than the rest of Europe combined.  Now, it’s time to ensure that Manchester follows its tradition to be at the forefront of innovation and help lead the UK in changing the world through Fintech technology.

 

See what’s going on in the world of Fintech, Payments & other business events at skyparlour.com/events 

Copyright © 2017 SkyParlour Limited
Registered in England and Wales
Company Registration Number 07009362
Our Cookie Policy can be found here
Site design by Dan Yuen at Contains Graphic Images