Episodes

More and more of us communicate using digital platforms like Facebook, WhatsApp, Twitter, Instagram and TikTok. And soon, social media will become indistinguishable from money, says Lana Swartz, our interviewee in the latest New Money Review podcast. This is because money is best understood as a messaging system, says Swartz, an assistant professor of media studies at the University of Virginia and the author of a new book called ‘New Money: how payment became social media’. As an academic, S...

More and more of us communicate using digital platforms like Facebook, WhatsApp, Twitter, Instagram and TikTok. And soon, social media will become indistinguishable from money, says Lana Swartz, our interviewee in the latest New Money Review podcast. This is because money is best understood as a messaging system, says Swartz, an assistant professor of media studies at the University of Virginia and the author of a new book called ‘New Money: how payment became social media’. As an academic, S...

A new European data market will help break the grip of large digital platforms like Facebook, Google, Apple and Amazon, says Michael Salmony, our guest on the latest New Money Review podcast. As money becomes increasingly digital, data has also become money. Starting in Europe, where regulators have pushed for competition in banking and faster, digital payments, financial technology (‘fintech’) firms have pioneered the use of transactional data to create innovative services. Europe’s open banki...

A new European data market will help break the grip of large digital platforms like Facebook, Google, Apple and Amazon, says Michael Salmony, our guest on the latest New Money Review podcast. As money becomes increasingly digital, data has also become money. Starting in Europe, where regulators have pushed for competition in banking and faster, digital payments, financial technology (‘fintech’) firms have pioneered the use of transactional data to create innovative services. Europe’s open banki...

A new European data market will help break the grip of large digital platforms like Facebook, Google, Apple and Amazon, says Michael Salmony, our guest on the latest New Money Review podcast. As money becomes increasingly digital, data has also become money. Starting in Europe, where regulators have pushed for competition in banking and faster, digital payments, financial technology (‘fintech’) firms have pioneered the use of transactional data to create innovative services. Europe’s open banki...

Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of payment services raises serious market power and data privacy issues,” Agustín Carstens, general manager at the Bank for International Settlements (BIS), said recently. Although the tech firms have often only been in business for a decade or two, their market valuations are now many multiples higher than established payments p...

Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of payment services raises serious market power and data privacy issues,” Agustín Carstens, general manager at the Bank for International Settlements (BIS), said recently. Although the tech firms have often only been in business for a decade or two, their market valuations are now many multiples higher than established payments p...

Big tech firms like Google, Facebook, Apple, Alibaba and Tencent want our payments data. Are we right to share it with them? “The entry of BigTechs into the provision of payment services raises serious market power and data privacy issues,” Agustín Carstens, general manager at the Bank for International Settlements (BIS), said recently. Although the tech firms have often only been in business for a decade or two, their market valuations are now many multiples higher than established payments p...

We can all see the short-term impacts of the coronavirus pandemic: fear, lockdowns, falls in output, restrictions on travel, frictions in supply chains, growing social tension and unprecedented government intervention. But will there be big changes over the longer term? If previous pandemics are anything to go by, there could be some quite dramatic shifts in economic relations, working practices and politics as a result of the events of the last few months. In the latest New Money Review podca...

We can all see the short-term impacts of the coronavirus pandemic: fear, lockdowns, falls in output, restrictions on travel, frictions in supply chains, growing social tension and unprecedented government intervention. But will there be big changes over the longer term? If previous pandemics are anything to go by, there could be some quite dramatic shifts in economic relations, working practices and politics as a result of the events of the last few months. In the latest New Money Review podca...

We can all see the short-term impacts of the coronavirus pandemic: fear, lockdowns, falls in output, restrictions on travel, frictions in supply chains, growing social tension and unprecedented government intervention. But will there be big changes over the longer term? If previous pandemics are anything to go by, there could be some quite dramatic shifts in economic relations, working practices and politics as a result of the events of the last few months. In the latest New Money Review podca...

It’s time to reverse the major trend seen since the 2008 financial crisis—centralisation. That’s the opinion of Alex Lipton, an academic and former Wall Street quant who now works at fintech start-up Sila. According to Lipton, our guest on the latest New Money Review podcast, centralisation has occurred at several levels: at central banks, which are taking on more and more balance sheet risk; at central clearing counterparties (CCPs), where derivatives market risk is increasingly concentrated;...

It’s time to reverse the major trend seen since the 2008 financial crisis—centralisation. That’s the opinion of Alex Lipton, an academic and former Wall Street quant who now works at fintech start-up Sila. According to Lipton, our guest on the latest New Money Review podcast, centralisation has occurred at several levels: at central banks, which are taking on more and more balance sheet risk; at central clearing counterparties (CCPs), where derivatives market risk is increasingly concentrated;...

It’s time to reverse the major trend seen since the 2008 financial crisis—centralisation. That’s the opinion of Alex Lipton, an academic and former Wall Street quant who now works at fintech start-up Sila. According to Lipton, our guest on the latest New Money Review podcast, centralisation has occurred at several levels: at central banks, which are taking on more and more balance sheet risk; at central clearing counterparties (CCPs), where derivatives market risk is increasingly concentrated;...