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Are you taking the PSD?

Interesting article on the guide to all things Europe today, Euractiv, about the Payment Services Directive. The Directive “has been transposed in all but 11 of the 31 EU/EEA countries”. Hmmm … that would be Cyprus, Estonia, Italy and Latvia (Jan); Norway (Feb); Belgium, Greece, Spain, Finland, Malta and Poland (Mar); whilst Sweden is last…

PSD progress, December 2009

Europe’s new regulatory agenda

We had a fascinating and packed meeting at the Financial Services Club this week with David Doyle, EU Policy Advisor, discussing the challenges of the new Barosso European Parliament and their legislative drive in financial services. David is a regular visitor to the Financial Services Club, and runs our European Financial Regulatory Advisory Group. In…

Doyle

There is a free lunch after all

On 1st February 2010, Gresham College is hosting the second Long Finance event at The Willis Building, 51 Lime Street, London EC3M 7DQ, UK.  The event supported by the Financial Services Club and it is free, including a free lunch, from 11:45 to 14:30. Speakers will include the musician Brian Eno, Stewart Brand of the…

Financial Ruin to Financial Reform

Members of the Financial Services Club are invited to join an upcoming forum organised by the Industry and Parliament Trust on Thursday 25th February at the House of Commons. The theme of the morning seminar is: “Financial Ruin to Financial Reform?” with an introduction from George Osborne MP, Shadow Chancellor of the Exchequer. The keynotes…

IPT

M-PESA reaches 8 million people and $3.37bn

Just checked out Safaricom's results presentation for the first half-year 2009-2010, and found some interesting slides on M-PESA:       Fascinating results … especially as Safaricom were not the instigators of M-PESA. At the start, they could not commit to a risky project of this nature with resources and so Vodafone brought in a…

M-PESA

The Financial Services Club’s First Quarter Agenda

The first quarter season of the London-based Financial Services Club has just been announced … 12th January “An update on EU financial services legislation and associated initiatives”Dr. David Doyle, EU Policy Advisor on Financial Markets 19th January, Capital Markets Chamber “This house believes that stress is a killer for banks operating in the UK. A…

Your next employee (Part Two)

Back in August, I blogged about the new generation of employee. This week, I joined a presentation with JP Rangaswami to talk about the impact of technology on our lives, and the subject of Gen Y and the new generation of staff came up again. For those of you who don’t know JP, he describes…

Mobile Payments: the battleground of the future

Thomas Bostrøm Jørgensen, CEO of mobile payments and financial solutions firm Luup, presented at the FSClub the other day. He spun an interesting story, particularly around the tripartite models emerging of mobile financial services, where they are either bank-led, carrier-led or a bank-carrier partnership. The latter is probably harder than the other models, as it…

Part Three – Real-time risks and opportunities

In the final part of this discussion of risks and opportunities in CEE, I was asked to give a view (see if you can spot me).   So here’s my brief summary: What are the risks for the next year or two? First, we are still in the middle of what I call the internet,…

FSClub CEE 1109_02

Part Two – John McFall and the return of Glass-Steagall

At the Financial Services Club in Central & Eastern Europe (FSClub CEE) meeting, you may be wondering what John McFall doing there. The meeting was held at the British Embassy, our usual location for these meetings, and coincided with a tour of the region by some members of the Treasury Select Committee, who had spent…

John McFall

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