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.

Would a society without cash crush crime?

Would a society without cash crush crime?

Written by on April 15, 2016 in Guest Blog with 0 Comments

This time last year there were approximately £70.5 billion in notes and coins “in circulation” in the UK. Now, there are approximately £74.5 billion in notes and coins “in circulation” in the UK. That’s a rise of 5.7% in a year when the economy grew by about 1.8% and the use of cash in retail transactions […]

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Commerce will be very different in the future

Commerce will be very different in the future

Written by on April 4, 2016 in Guest Blog with 1 Comment

A few people tweeted and e-mailed to point out how app-centric commerce can be perversely annoying, citing the example of car parking given in this recent British newspaper piece. The competitive marketplace for cashless parking has resulted in a fragmented and rather irritating experience for motorists From Cashless parking was meant to make life easier […]

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The blockchain, the Bank of England and other DLT TLAs

The blockchain, the Bank of England and other DLT TLAs

Written by on March 21, 2016 in Billing & Payments, Guest Blog with 0 Comments

I gave a talk on the blockchain and such like to the Scottish Financial Services Club. It was a lot of fun, and I got a couple of really excellent questions that made me think on my feet, something I greatly appreciate. I chose the example of the Old Lady of Threadneedle Street as a […]

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Valentine’s Day, honouring customer verification methods

Valentine’s Day, honouring customer verification methods

Written by on February 26, 2016 in Billing & Payments, Guest Blog with 0 Comments

Saint Valentine, as I am sure you all know, is the patron saint of customer verification methods (CVMs). We celebrate St. Valentine’s Day on 14th February every year to commemorate the introduction of chip and UK In the UK on 14th February 2006. I am a payments romantic, so this is very special day. Ah, […]

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Why should fixing your iPhone nix it for good?

Why should fixing your iPhone nix it for good?

Written by on February 19, 2016 in Guest Blog with 0 Comments

I’m sure you’ve all seen this story by now. Thousands of iPhone 6 users claim they have been left holding almost worthless phones because Apple’s latest operating system permanently disables the handset if it detects that a repair has been carried out by a non-Apple technician. From ‘Error 53’ fury mounts as Apple software update threatens […]

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Shared ledger technology and the future of banks (from 1956)

Shared ledger technology and the future of banks (from 1956)

Written by on February 11, 2016 in Billing & Payments, Guest Blog with 0 Comments

For reasons that are genuinely too boring to recount, I was flicking through New Scientist magazine over the weekend. I read the magazine very throughly, so I’m a little behind on issues at the moment, which is why I have only got as far as 29th November 1956. This issue happens to have a very interesting […]

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The strength of a financial centre – lessons from pre 1627

The strength of a financial centre – lessons from pre 1627

Written by on February 1, 2016 in Guest Blog with 0 Comments

In his super book “Money Tales”, Alessandro Giraudo looks at the emergence of paper financial instruments and tells how the great medieval trade fairs of Europe were gradually replaced by financial fairs where no actual trade took place except in money. Even after trade routes had shifted away from the north-south axis that depended on […]

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To stop fraud, face up to identity

To stop fraud, face up to identity

Written by on January 15, 2016 in Guest Blog with 0 Comments

E-mail fraud, or what you might better term “fraud enabled by people’s bizarre misplaced trust in e-mail” is absolutely rampant. The FBI, in a new alert, estimates that fraud losses linked to so-called business email compromise scams worldwide totaled more than $1.2 billion from October 2013 to August 2015. But some financial fraud experts say […]

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In fintech – inertia or disruption?

In fintech – inertia or disruption?

Written by on January 13, 2016 in Guest Blog with 0 Comments

I came across an article in Finextra about fintech and disruption. I put it to one side, meaning to respond to it, but I didn’t bother because Brett King got in before me. However having just come across my notes while looking for something else, I thought I’d spend a few minutes on it because […]

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Blockchain – identity solution for a bank, everything?

Blockchain – identity solution for a bank, everything?

Written by on December 10, 2015 in Guest Blog with 0 Comments

A friend of mine went to open a savings account with a UK building society. She had had an account there for more than 20 years, but wanted (for purposes of administrative convenience) to have a separate account to put cash in for her son’s college money. Armed with a passport, she went to her […]

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