Future Forum | Bank of England

Banking on a new world

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In this topic Future Forum will be looking at financial innovation in a global context, its implications and actions the Bank is taking to prepare for the new world

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Many Student Rely on Banking Firms for Help Finishing School Today: -Via Student Loans. Banking Firms (& Partnering Insurance Companies) may wish to pursue provisioning a New Service for Educational Institutes' Students in The Future: "Insurance" Details: Post-Secondary Educational Institute Students: May Purchase " Educational Course Insurance " from Banking Firms (&/Or Participating Insurance Companies): -Along with their Student Loan Agreements To receive a portion of...

Jaswinder Brar
by Jaswinder Brar
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“Functional-Fin-Tech:” Financial Payment Technology: Featuring: Dual-Purpose-Use: Prime Example: Mobile Accessories: USB Charging Cube! BONUS: Stylus Pen! (Featuring: Integrated Payment Technology (Tap/Chip)) -Customers-Buys-From-Banks- -Banks-Earn-Profit- (Rather Than Free-Financial-Cards Given-Away By: Banks) Jaswinder Brar. 2019.

Jaswinder Brar
by Jaswinder Brar
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Hello again everyone... I was hoping for some feedback to my latest idea design: The "Self-Checkout-Price-Tag" System: Details Here & In-Design-Image: New: Banking Firms: New Service Innovation Presentation:   “Provisioning Official Self-Checkout Price-Tags & System ”  (For: Retail Store Merchandise) -featuring Secure QR-Code-Access:  -Mobile-Web-Based: -Payment-System.     “Self-Checkout Price-Tags” “QR-CODE-Mobile-Scan” “Access...

Jaswinder Brar
by Jaswinder Brar
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Jaswinder Brar

In a speech given in March 2018 to the inaugural Scottish Economics Conference, Bank of England Governor, Mark Carney, considers the future of money, and specifically how developments in money and payments technologies could transform our economy in ways good and bad. An opening clip is below but to watch the full speech visit https://www.bankofengland.co.uk/speech/2018/mark-carney-speech-to-the-inaugural-scottish-economics-conference .

Future Forum
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Dollar Bills Stack Great... Even Coin Change Stacks Great... Cheques are another example of Stackable Currency... Now Introducing: 3D Printed Building Blocks which hold real world currency value. (LEGO-Style) The reason they are Stackable In-Design is to "Connect Money" hence "Saving!"  #BLOCKCHAIN #CRYPTOCURRENCY #FINTECH _Redeemable at Participating Banking Firms_

Jaswinder Brar
by Jaswinder Brar
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Jaswinder Brar
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A sovereign money system differs from the current monetary system in two key ways. The first is that the central bank’s primary instrument of monetary policy would cease to be the management of the policy (‘base’ or ‘Bank’) interest rate, and would instead become the management of the rate at which the central bank directly created new money. The second is that commercial banks would lose their capacity to create ‘money’ in the form of demand deposits, becoming simple intermediaries...

Daniel Demmel
by Daniel Demmel
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Daniel Demmel
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Article Link: https://www.linkedin.com/pulse/jaswinder-brars-fintech-innovations-inventions-bank-england-brar/

Jaswinder Brar
by Jaswinder Brar
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Jaswinder Brar

Dear Mr Carney, I have been recently made aware of this, your public engagement initiative, and I resoundly endorse and applaud it. I am, now semi; retired,  having spent a lifetime in community/ local, regional, national and international politics/economics and relations, a little confused ( niave), and perhaps like many, may have lost sight of what the Bank of England actually does, how it does and why it matters in making a difference to our daily lives.  This is particularly so,...

James Paton
by James Paton
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James Paton

The global crisis showed that state guarantees for bank deposits did nothing to enhance financial stability. Extending Client Money regulations to banking would require banks to hold the public's money at the central bank, which can't be forced into bankruptcy. What alternatives to the Deposit Guarantee Scheme are being considered by the Prudential Regulation Authority at the Bank of England and how are the benefits of bringing banks into the remit of the Client Money regulations being...

Graham Hodgson
by Graham Hodgson
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Graham Hodgson

When a bank fails there should be a proper administrative process, just like when a company fails. The current directors should not remain in post, and the process should ensure that any gains they made during their tenure were legitimately acquired.

Barry Hopewell
by Barry Hopewell
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Barry Hopewell
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