David Birch

David Birch

Dave is Director of Consult Hyperion, the secure electronic transactions consultancy and is an internationally-recognised thought leader in digital identity and digital money. Named in Wired magazine’s global top 15 favourite sources of business information; rated one of the NextBank “Fintech Titans”; voted one of the European “Power 50” people in digital financial services and ranked Europe’s most influential commentator on emerging payments.

The future of cryptocurrency may or may not include bitcoin

The future of cryptocurrency may or may not include bitcoin

Written by on April 28, 2017 in Guest Blog with 0 Comments

The future of cryptocurrency for banks could be as a settlement money that connects other different monies. The big question is whether this is this a role for Bitcoin specifically? My old friend Alistair Milne recently published a very interesting paper on Cryptocurrencies from an Austrian Perspective (SSRN, 12th April 2017) in which he explores the use of new […]

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In Fintech and life, when is legal tender actually legal tender?

In Fintech and life, when is legal tender actually legal tender?

Written by on April 12, 2017 in Guest Blog with 0 Comments

At the CSFI’s April “Fintech for Breakfast”, which was kindly hosted by the law firm Denton’s, an interesting topic popped up in discussion about Bitcoin. I’ll come back to precisely what the discussion was later on, but at this point I just want to note that it involved a core issue that often wanders into […]

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How the supply chain will be disrupted by blockchains

How the supply chain will be disrupted by blockchains

Written by on March 28, 2017 in Guest Blog with 0 Comments

I’m not sure if you’re supposed to have a favourite supply chain fraud or not but I do, and it is the famous case of the vegetable oil that almost bankrupted American Express (and went some way toward making Warren Buffet a multi-billionaire). The essence of the story is that a conman, Anthony “Tino” De Angelis, discovered […]

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Biometric payment systems and a pint in Camden

Biometric payment systems and a pint in Camden

Written by on March 15, 2017 in Guest Blog with 0 Comments

A few people forwarded a link from Time Out to me last week, calling attention to a new payment mechanism using a new biometric identification technology to effect retail payments in a new way. The latest in contactless payment – called Fingopay – uses a bartop scanner and allows customers to introduce their index finger […]

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In payments, the POS should be a platform not a system

In payments, the POS should be a platform not a system

Written by on March 2, 2017 in Guest Blog with 0 Comments

A funny thing happened on the way to Merchant Payment Ecosystem in Berlin. Three funny things, actually. I tried to use an app to buy something on the way and I got a message saying “transaction failed”. It didn’t tell me why. I’m sure the service provider didn’t know either, as they just got a […]

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The Oslo Fintech Fest and why Norway is a role model for, well, everything

The Oslo Fintech Fest and why Norway is a role model for, well, everything

Written by on February 15, 2017 in Guest Blog with 0 Comments

Well, I’m just back from Oslo where it was a balmy -4 during the Oslo Fintech Fest. The nice people organising this little get-together of a almost a thousand close friends asked me along to give a short talk on the next ten years of Fintech and since some of Consult Hyperion’s favourite Nordic clients […]

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US considering new passporting system with UK banks – whatever that is

US considering new passporting system with UK banks – whatever that is

Written by on February 9, 2017 in Guest Blog with 0 Comments

The new administrations in the UK and USA are apparently planning to work together to create a new transatlantic America First / Buy British trade alliance. This will, it seems, include financial services. A deal to reduce barriers between American and British banks through a new “passporting” system was being considered by Mr Trump’s team […]

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Why cash is not good for the less well off, take India for example

Why cash is not good for the less well off, take India for example

Written by on January 31, 2017 in Guest Blog with 0 Comments

Down at the PayExpo Middle East and North Africa (MENA) in Dubai this year, I saw an excellent presentation from Uber India. One of the most interesting things I learned was that because most Indian Uber rides are paid for in cash, the Modi government’s radical experiment in currency reform hit them hard. As cash vanished […]

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If there is no identity infrastructure, who is to blame when we get scammed?

If there is no identity infrastructure, who is to blame when we get scammed?

Written by on January 23, 2017 in Guest Blog with 0 Comments

I love the BBC’s Money Box programme with Paul Lewis and I listen to it every week.  A recent episode included what, I’m afraid, has become an all-too-familiar story. Paul Lewis hears from a listener who built up savings of £180,000 over more than ten years in business, only to have it all stolen from […]

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A monetary moment, first reactions to India’s demonetisation experiment

A monetary moment, first reactions to India’s demonetisation experiment

Written by on January 13, 2017 in Guest Blog with 0 Comments

I expect that most of you will by now have read a fair bit about the (to my mind) fabulous living monetary experiment that is India. Obviously, I feel sorry for people who have been (to put it mildly) inconvenienced by the chaos caused by the removal of 85% of the currency “in circulation” in […]

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