This week we produced a five-part series on beinga Digital Bank: Part One: Major parts of banking are stuck in the last century During my lifetime, two things have fundamentally changed the world: travel and technology. Part Two: Heidi Miller, Bitcoin and fitness for purpose Building on yesterday’s theme about how a cheque from Canada…
Our biggest stories of the past fortnight are … What did the Medici Bankers ever do for us? I spent some of the recent holiday reading a great historical novel about the rise and fall of the Medici bankers. The bank's rise was based upon dealing with the challenge of usury. Making interest on loans was…
Our biggest stories of the past fortnight are … What did the Medici Bankers ever do for us? I spent some of the recent holiday reading a great historical novel about the rise and fall of the Medici bankers. The bank's rise was based upon dealing with the challenge of usury. Making interest on loans was…
Our biggest stories of the past week are … The Age of the Password is over I saw a great but scary presentation this week from Kamran Meer, Chief IT Security Officer at Bank Alfalah, the sixth largest bank in Pakistan. Kamran began by asking the audience if they knew about the Stuxnet attack. The Stuxnet…
Our biggest stories of the past week are … The Age of the Password is over I saw a great but scary presentation this week from Kamran Meer, Chief IT Security Officer at Bank Alfalah, the sixth largest bank in Pakistan. Kamran began by asking the audience if they knew about the Stuxnet attack. The Stuxnet…
Our biggest stories of the past week are … March 31, 2014 Basel III: a mess of regulatory conflicts? I chaired a meeting recently between counterparty banks. The focus of the discussions was Basel III and, specifically, three new regulatory ratios required for banks to manage: April 01, 2014 Alibaba acquires China Union Pay in…
Our biggest stories of the past week are … Stressing out the banks In America and Europe, stress tests are regularly applied to see whether the banks are becoming more resilient to another crisis. The latest results of the American stress tests shows that all but one (Zions Bancorp) of the top 30 US banks…
Our biggest stories of the past week are … Stressing out the banks In America and Europe, stress tests are regularly applied to see whether the banks are becoming more resilient to another crisis. The latest results of the American stress tests shows that all but one (Zions Bancorp) of the top 30 US banks…
Our biggest stories of the past week are … Vikings: raiders or traders? We had our second meeting of the Nordic Financial Services Club in Oslo last week. I’ll write up some of this later this week, but wanted to begin with some history. Not some history of the Financial Services Club, but some history…
