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David G.W. Birch

@dgwbirch.bsky.social
367 followers 25 following 1.5K posts

Author, advisor and commentator on digital financial services.

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David G.W. Birch @dgwbirch.bsky.social · 01/10/2026
Naomi Campbell's 5-year ban on serving as a charity trustee in England and Wales has been overturned buff.ly/SjzV9vy. And if you wonder why I care, it is not because I am not stranger to fashion, as the picture shows, but it is of course because of identity... buff.ly/8RkFd1a
buff.ly
MSN
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David G.W. Birch @dgwbirch.bsky.social · 01/10/2026
It’s a lovely Autumn day back in Woking.
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David G.W. Birch @dgwbirch.bsky.social · 30/09/2026
Genuinely curious as to opinions. Is it better to have the speech drafted by AI or your niece from the Shires / nephew reading politics at Uni / exchange student / or whoever it is that drafts speeches now?
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David G.W. Birch @dgwbirch.bsky.social · 29/09/2026
New on the not-a-newsletter "In the future, everyone will be famous for 15Mb" Run Over By The Future buff.ly/wqQDDUl There’s a lot of talk about AI wiping out the human race and calls for the world to call a halt. Well, you can’t make an omelette without breaking eggs. Ask William Huskisson.
buff.ly
Run Over By The Future
In 1830 the railway’s greatest champion became its first famous casualty. Britain didn’t stop the trains, and we shouldn’t stop AI either.
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David G.W. Birch @dgwbirch.bsky.social · 26/09/2026
New on the not-a-newsletter... Lost Keys and Lost Children buff.ly/eJE3pwD I would love to be able to walk into a conference and, when someone comes up to me and says “Hi Dave” and my Meta glasses would flash a display in the bottom right of my vision scrolling “This is Tom Noyes".
buff.ly
Lost Keys and Lost Children
Remember that old Jerry Seinfeld joke about getting your eyes tested by someone whose only source of income is selling you glasses?
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David G.W. Birch @dgwbirch.bsky.social · 25/09/2026
Help! I want my uncensorable friction-free decentralised money of the future back, part 97: Bitget. buff.ly/7rs0jsO
buff.ly
Crypto platform Bitget suspects North Korea is responsible for $352 million hack
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David G.W. Birch @dgwbirch.bsky.social · 25/09/2026
#FlashbackFriday In 2021 I argued that 'smart contracts' weren't smart and weren't contracts. But the idea behind them mattered: financial infrastructure was becoming software. Five years on, that idea is looking rather less theoretical: buff.ly/1lXS3uQ
buff.ly
They’re Not Smart And They’re Not Contracts
I’m not clever enough to know whether defi will be built on Ethereum 2.0 or Solano, but I am smart enough to know that it will be built. It therefore makes sense for financial services organisations to start working on their own strategies for exploiting the new markets that will emerge.
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Reposted by David G.W. Birch
Neira Jones @neirajones.bsky.social · 23/09/2026
🚨 UK banks closed 238,396 suspected money mule accounts in 2025, FCA data shows. But criminals often move funds through two to five accounts before cashing out, making early detection and intelligence sharing essential. www.credit-connect.co.uk/news/financi...
credit-connect.co.uk
Financial firms shut hundreds of thousands of suspected money mule accounts - Credit Connect
Financial firms are shutting down hundreds of thousands of suspected money mule accounts, but organised criminal groups are still shifting dirty money
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Reposted by David G.W. Birch
En Buen Ora @enbuenora.bsky.social · 23/09/2026
good point, why has Western medicine steadfastly refused to embrace the potential of magic
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David G.W. Birch @dgwbirch.bsky.social · 21/09/2026
Excellent piece from Gam. Nobody Agreed What A Trusted (Personal) Agent Is buff.ly/5A9MgOf "Meta, Google and X all launched Personal AI this month. Payments spent two years preparing for this. Retail, travel and insurance did not."
buff.ly
https://www.linkedin.com/pulse/nobody-agreed-what-trusted-personal-agent-gam-dias-0wxbe/
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David G.W. Birch @dgwbirch.bsky.social · 20/09/2026
This is quite interesting, if you are interested in this sort of thing. "The offline digital euro: when the secure element fails, what remains?" Thanks for the pointer #OMFIF buff.ly/gQsU0SD
buff.ly
The offline digital euro: when the secure element fails, what remains? - OMFIF
Two questions should be settled before the design is fixed
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David G.W. Birch @dgwbirch.bsky.social · 19/09/2026
Frites don’t fail me now buff.ly/Hp6KJyy "Futures regulation was shaped by the Great Maine Potato Default of 1976 — when short-sellers led by McDonald’s chip supplier JR Simplot made huge wrong-way bets" Yes, but this time it will be different, right?
buff.ly
Frites don’t fail me now
Also: hyperscalers, circular financing, AI slop, pervert glasses and justifiable murder
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David G.W. Birch @dgwbirch.bsky.social · 18/09/2026
“Chalk Up 2026 as a Win for the Banks” Another must-read from Tim. CLARITY Act Fails — GENIUS Holds | Noyes Payments Blog buff.ly/7gSPyvR
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David G.W. Birch @dgwbirch.bsky.social · 17/09/2026
Trump Is Looking for Diesel in All the Wrong Places buff.ly/JFSF3gv "One gas station in San Diego has been selling diesel for $9.99 a gallon, which is as high as its three-digit physical display will permit" It's the #ExcelliumBug.
theatlantic.com
Trump Is Looking for Diesel in All the Wrong Places
A Russia-Ukraine cease-fire isn’t guaranteed to get prices down.
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David G.W. Birch @dgwbirch.bsky.social · 16/09/2026
#Money2020ME Good panel discussion, thanks for giving me an A-Team to moderate. The issue of sovereignty came up more than once: CBDC vs. Stablecoins (vs. Interconnecting Instant Payments) has "geonomic" context that is nothing to do with blockchains.
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David G.W. Birch @dgwbirch.bsky.social · 16/09/2026
New on the not-a-newsletter... A French Revolut-ion to celebrate International Identity Day... buff.ly/eim5Uyj I want my bank to look after my digital assets. Not me with a USB stick, not some crypto bros vibe coding firewalls, not a platform that will feed my data into an AI.
dgwbirch.substack.com
French Revolut-ion
Hey it’s international identity day tomorrow! We can all get together and celebrate everything being even more broken than it was last year.
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Reposted by David G.W. Birch
Neira Jones @neirajones.bsky.social · 15/09/2026
🛡️ Belgian bank KBC has launched “guardian angel” for more than four million customers. A trusted contact can review suspicious payments before execution, targeting authorised push-payment scams. Could other banks follow? www.finextra.com/newsarticle/...
finextra.com
KBC brings 'guardian angel' to more than 4 million customers in Belgium
Guardian angel was developed to address common manipulation techniques used by scammers to trick people into authorising payments. Examples include romance scams and friendship scams, where people are emotionally manipulated, as well as account takeover schemes, impersonation scams and investment fraud schemes promising unrealistic returns.
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David G.W. Birch @dgwbirch.bsky.social · 15/09/2026
#Money2020ME stopped by to listen to some good stuff about about agents and embedded finance
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David G.W. Birch @dgwbirch.bsky.social · 15/09/2026
#Money2020ME Hey ho LET’S GO
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David G.W. Birch @dgwbirch.bsky.social · 15/09/2026
I think it’s about time we had an official International Identity Day anthem. Here’s my suggestion for tomorrow, add yours. buff.ly/G8p41U1
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David G.W. Birch @dgwbirch.bsky.social · 14/09/2026
#Money2020 hey ho LET’S GO!
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David G.W. Birch @dgwbirch.bsky.social · 11/09/2026
Interesting data point at #Finovate. Bernadette Smith from Starking says that customers using their scan intelligence service at 300 times less likely to get scammed.
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David G.W. Birch @dgwbirch.bsky.social · 11/09/2026
Learning about digital crime at #FinovateFall in New York. I’m always looking for tips just in case this whole consulting thing doesn’t work out. Nice intro from Daniel Latimore.
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David G.W. Birch @dgwbirch.bsky.social · 10/09/2026
Identity Drama and Identity Crisis buff.ly/2NiDbGX We need know-your-agent (KYA) and we need it now. You already know this and are bored with me talking about it all the time. I'm talking about it again because I think it might bring pressure to fix personal identity and business identity as well.
dgwbirch.substack.com
Identity Drama and Identity Crisis
The need for agent identity is the trigger for fixing the problem of people identity.
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David G.W. Birch @dgwbirch.bsky.social · 09/09/2026
Been looking forward to this #Stablecon panel all day. It’s Raj Parekh, Richard Widmann and Christian Catalini talking about money for agents.
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David G.W. Birch @dgwbirch.bsky.social · 09/09/2026
It’s been nonstop today at #Stablecon in Washington DC but now I’ve got a chance to sit in and listen to some smart people. Up now It’s Jo Ann Barefoot, Ben Milne and Brian Laverdure. #TheMoneyIsTheMessage
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David G.W. Birch @dgwbirch.bsky.social · 09/09/2026
Passengers sleep on floors buff.ly/r5dyEaf What reasonable sanctions should a civilised society to the people responsible for this national catastrophe? The usual British response is to let them fail upwards with a huge pension, but surely it is time for change.
bbc.com
Passengers sleep on floors and describe airport 'carnage' as hundreds more flights cancelled
Air traffic controller Nats has apologised for the technical issue, with the firm's boss Martin Rolfe due to meet the transport secretary later.
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David G.W. Birch @dgwbirch.bsky.social · 08/09/2026
A third of the adverts on Meta properties are scams. Radio 4 - Listen Live - BBC Sounds buff.ly/fmXIP85
bbc.co.uk
Radio 4 - Listen Live - BBC Sounds
Listen live to Radio 4 on BBC Sounds
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David G.W. Birch @dgwbirch.bsky.social · 07/09/2026
DNB: Netherlands bank moves billions in gold to London in 'crisis preparedness' move buff.ly/WCKYYJs "DNB said on Wednesday that 86 tonnes of gold had been removed from the US and Canada in a complex operation that took several months. It is now being held by the Bank of England."
bbc.co.uk
DNB: Netherlands bank moves billions in gold to London in 'crisis preparedness' move
The Dutch central bank removes some of its gold reserves from the US and Canada, saying it is because of "increasing geopolitical unrest".
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David G.W. Birch @dgwbirch.bsky.social · 07/09/2026
Indonesia shuts airports as volcano erupts buff.ly/dDDLJ0L "Anak Krakatau, located between Java and Sumatra, has been erupting since late on Friday." For no reason, here's a picture of me on Anak Krakatoa. Ah, memories.
ft.com
https://www.ft.com/content/64acb80a-b577-44cd-87c4-2ec979b76fff?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8&syn-25a6b1a6=1#myft:notification:daily-email:content
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David G.W. Birch @dgwbirch.bsky.social · 05/09/2026
Patterns and centralisation in Ethereum-based token transaction networks buff.ly/zB0JKNC "The rich do get richer, even in Ethereum-based tokens"
frontiersin.org
Frontiers | Patterns and centralisation in Ethereum-based token transaction networks
We explore patterns, regularities, and correlations in the evolving landscape of Ethereum-based tokens, both ERC-20 (fungible) and ERC-721 (non-fungible) to ...
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David G.W. Birch @dgwbirch.bsky.social · 04/09/2026
Excellent post from Tom: EMVCo Enters the Intent Wars blog.starpointllp.com/2026/09/emvc... "The framework sketches agent identification but does not define a registry, a qualification process, or liability allocation rules." We need KYA! Surely it makes sense as a bank business. Prove me wrong.
blog.starpointllp.com
EMVCo Enters the Intent Wars | Noyes Payments Blog
September 2026 – VERY VERY LONG Tech Blog on EMVCo’s new Spec
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David G.W. Birch @dgwbirch.bsky.social · 03/09/2026
These Banks Are Banding Together to Launch a Stablecoin www.wsj.com/finance/bank... This is quite interesting, if you are interested in this sort of thing.
wsj.com
https://www.wsj.com/finance/banking/these-banks-are-banding-together-to-launch-a-stablecoin-6de07eff?mod=Searchresults&pos=1&page=1
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David G.W. Birch @dgwbirch.bsky.social · 03/09/2026
Smile! You're on Dyson's $500 toothbrush camera www.businessinsider.com/dyson-camera... Nothing new under the sun. Brett King showed me one of these last year!
businessinsider.com
Smile! You're on Dyson's $500 toothbrush camera
Cameras are in smart toilets, AI glasses, vacuums, fridges, and now ... toothbrushes? Dyson's latest CameraJet gadget is aimed at lazy flossers.
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David G.W. Birch @dgwbirch.bsky.social · 02/09/2026
FBI Probes Service Selling 153M+ Drivers Licenses – Krebs on Security ift.tt/q791jlD should further strengthen the resolve for people who are fighting back against online ID schemes which are requiring countless providers to ask for drivers licenses in order to access services"
krebsonsecurity.com
FBI Probes Service Selling 153M+ Drivers Licenses – Krebs on Security
A new identity theft service launched on the dark web this week is selling digital scans of more than 153 million drivers licenses from people in the United States and Canada. Based on interviews…
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Reposted by David G.W. Birch
Neira Jones @neirajones.bsky.social · 02/09/2026
🧠 EMVCo seeks feedback on agentic payments framework. Its proposed “Intent Services” could help share consumer-authorised instructions across card payments. The move brings standards discipline to a wider effort to make intent interoperable. www.finextra.com/pressarticle...
emvco.com
EMVCo reqests feedback on framework for card-based agentic payments
The framework provides a foundation for further industry engagement and potential specification development, with all interested stakeholders encouraged to provide their feedback on EMV® Agentic Payments - Framework for Specifications by Wednesday 30 September.
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David G.W. Birch @dgwbirch.bsky.social · 02/09/2026
New on the not-a-newsletter "In the future, everyone will be famous for 15Mb"... They’re Blocky, But They’re Good buff.ly/gUOC4f3 It may well be that the use of digital currency for machine payments dominates by volume and leads to new business models. #x402 #micropayments #machinepayments #R2R
dgwbirch.substack.com
They’re Blocky, But They’re Good
It seems like everyone has a stablecoin these days. But you know what: the stablecoin revolution has not even started yet.
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David G.W. Birch @dgwbirch.bsky.social · 02/09/2026
“Kidnapping is an especially lucrative business” 😱 #CBPCIstanbul learning about crime with Paulo Barbosa, Agathe Blaga, Rufaida Hamilton and Japan Manic.
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David G.W. Birch @dgwbirch.bsky.social · 01/09/2026
Herve Tourpe presenting the IMF agentic commerce model at Central Bank Payments in Istanbul. #CBPCIstanbul
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David G.W. Birch @dgwbirch.bsky.social · 01/09/2026
Yep. Interesting discussion between Jens and Kosta, pretty clear what the audience thinks. #CBPCIstanbul
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David G.W. Birch @dgwbirch.bsky.social · 01/09/2026
Hey ho LET'S GO #CBPCIstanbul
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David G.W. Birch @dgwbirch.bsky.social · 01/09/2026
Polly Baumler is spot on - if you want a retail CBDC to get traction, it has to work offline. Great panel, open discussion at #CBPCIstanbul
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David G.W. Birch @dgwbirch.bsky.social · 31/08/2026
We gave it our best shot, but when it comes down it, we're just not going to make it. May as well clear the decks and leave it to the octopuses. Here’s how we’re all going to die www.noahpinion.blog/p/heres-how-...
noahpinion.blog
Here’s how we’re all going to die
Spoiler: It’s vibe-coded superviruses.
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David G.W. Birch @dgwbirch.bsky.social · 31/08/2026
Postal carriers charged in $24M Houston check theft www.americanbanker.com/news/postal-... Checks! How quaint.
americanbanker.com
Postal carriers charged in $24M Houston check theft
The checks were drawn on accounts at JPMorganChase, Citibank, BMO, Stellar Bank and Amegy Bank. The largest single check ran just over $1.5 million.
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David G.W. Birch @dgwbirch.bsky.social · 31/08/2026
Settling down for a lunchtime discussion in Istanbul with Brian Kinch (CIFAS), Taavi Tankivi (Salv) and Edgar Pastars (Finance Latvia) with my good friend Michael Salmony. #CBPCIstanbul
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David G.W. Birch @dgwbirch.bsky.social · 29/08/2026
New on the not-a-newsletter "In the future, everyone will be famous for 15Mb"... In the Red dgwbirch.substack.com/p/in-the-red Let's start thinking about the money that the muskovites will be using in fifty years' time. Dollars? Gold? Kilowatt-Hours?
dgwbirch.substack.com
In the Red
Paying on Mars won’t be like paying on Earth.
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David G.W. Birch @dgwbirch.bsky.social · 29/08/2026
Jackson Hole. Jeremy asks "Why the interest in payments and why now?" which was going to be my blog post for next week so grrrrrr. Anyway, it's a good question.
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David G.W. Birch @dgwbirch.bsky.social · 28/08/2026
Jackson Hole...... buff.ly/Bqhcc61 Jeffrey Schmid, the president and CEO of the Kansas City Fed, explains why this symposium is so focused on payments. ^^^^^^^^^^
bloomberg.com
https://www.bloomberg.com/news/articles/2026-08-27/kc-fed-s-jeff-schmid-on-first-jackson-hole-of-kevin-warsh-era?srnd=phx-oddlots
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David G.W. Birch @dgwbirch.bsky.social · 28/08/2026
UK Government tells Bank of England to support innovation in payment systems buff.ly/Yf2sdDh Can a more well-informed reader explain this? What is the mechanism for supporting innovation and what is the mechanism for the government telling the Bank to do more of it?
finextra.com
https://www.finextra.com/newsarticle/48313/uk-government-tells-bank-of-england-to-support-innovation-in-payment-systems?utm_medium=newsflash&utm_source=2026-8-27&member=36853
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David G.W. Birch @dgwbirch.bsky.social · 28/08/2026
#FlashbackFriday In 2021 I argued that the expensive part of sending money across borders wasn't moving the money. It was proving who everyone was. Five years on, the identity problem hasn't gone away: buff.ly/NwvdPGI Yesterday's future. Progress optional.
buff.ly
Bitcoin And Border Crossing, Fintech And Foreign Exchange
When it comes down to it, it doesn't matter whether you are sending dollars or Dogecoin, the identity expenses dwarf the payment expenses. So if we are going to reduce the cost of remittances, that is where we need to focus.
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