It's easy to catch people's prediction out in hindsight, with the most common ones being things like "I see a worldwide market for about five computers" from Thomas Watson, IBM's CEO in the 1950s, and "640k is enough memory for anyone" from Bill Gates. Now there's a website dedicated to collecting these predictions called "Wrong…
I've blogged regularly, predicting that video connectivity will revolutionse banking. In particular, it changes the game because face-to-face comes back as a critical differentiator, but also because I will be able to see directly into the back office, the call centre, the heart of bank operations. Right now, banks don't take it that seriously and…
Zopa announced results this week that showed lending had risen 140 percent year on year. In short, Zopa offers a lean and mean, razor thin margin system for loans. As an lender, I enter Zopa and place an amount – let’s say $10,000 – in the system. Zopa then spreads that loan across a range of borrowers…
I blogged the other day about knowing where customers are, but knowing who they are is always a challenge. Banks continually talk about fraud and the lack of dependable identification and authentication methods. We talk about things you know (a PIN number), things you have (a card or phone), but things you are (blood, DNA,…
On regular occasions I talk about disruptive models of banking and payments, such as complementary currencies, the new European Exchanges, Paypal, Zopa and SmartyPig. The aim is to illustrate that there is the potential to do banking without banks. This is not to say that I believe people want to do banking in a different…
Microsoft have just released a collage of technologies they believe will be in play in 2019: <p><p>&amp;amp;lt;p&amp;amp;gt;&amp;amp;amp;lt;p&amp;amp;amp;gt;&amp;amp;amp;amp;amp;amp;amp;lt;a href=&amp;amp;amp;amp;quot;http://video.msn.com/?mkt=en-GB&amp;amp;amp;amp;amp;amp;amp;amp;playlist=videoByUuids:uuids:a517b260-bb6b-48b9-87ac-8e2743a28ec5&amp;amp;amp;amp;amp;amp;amp;amp;showPlaylist=true&amp;amp;amp;amp;amp;amp;amp;amp;from=shared&amp;amp;amp;amp;quot; target=&amp;amp;amp;amp;quot;_new&amp;amp;amp;amp;quot; title=&amp;amp;amp;amp;quot;Future Vision Montage&amp;amp;amp;amp;quot;&amp;amp;amp;amp;amp;amp;amp;gt;Video: Future Vision Montage&amp;amp;amp;amp;amp;amp;amp;lt;/a&amp;amp;amp;amp;amp;amp;amp;gt;&amp;amp;amp;lt;/p&amp;amp;amp;gt;&amp;amp;lt;/p&amp;amp;gt;</p></p> It includes a montage of new concepts, as well as some of the clips used in their envisioning series. If you haven't seen those, here's the banking one for the…
