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Get Shorty! Andrew Haldane speech

Last night was the occasion of the Sir John Gresham annual lecture. This year it was held at the Four Seasons Hotel in Canary Wharf with the keynote speaker being Andrew Haldane, or Andy as is the preference,  Executive Director for Financial Stability with the Bank of England. Andy is speaking at the Financial Services…

Andy Haldane

Mobile banking and PFM is so last decade

Another conference focused upon financial innovation today, and all the talk is about mobile stuff, Google Wallets, mobile stuff, Banksimple, mobile stuff and Movenbank. I’m regularly stressing today that we must:: stop talking about mobile; and talk about the point-of-life. First, stop talking about mobile stuff. The fixation with mobile is because it’s finally come…

Is Bitcoin the future of money … or are we smoking dope?

Talking with some of the Financial Services Club sponsors last week, it is clear that there is still a debate raging about the future of cash.  Like the future of branches, which both Brett King and I discuss endlessly, cash is one of the other traditional bastions of the old guard of financial servicing. Yet…

Bitcoin

Is Bitcoin the future of money … or are we smoking dope?

Talking with some of the Financial Services Club sponsors last week, it is clear that there is still a debate raging about the future of cash.  Like the future of branches, which both Brett King and I discuss endlessly, cash is one of the other traditional bastions of the old guard of financial servicing. Yet…

Bitcoin

Banking as components or integrators

I just spent the day in a payments conference focused upon operational excellence. We talked about Basel III, SEPA, the PSD, Mobile … the usual stuff, but there was a particularly intriguing presentation from Olivier Denecker of McKinsey in the morning session on what operational excellence in payments is all about. I took a whole…

Iceland: where banks are becoming just PFMs

I mentioned I was in Iceland last week, and was interested to find out what the banks were thinking. We only ever hear of Iceland’s woes and troubles, and so the ability to see first-hand what was happening to the banks was one that could not be ignored. According to Wikipedia, there are only a few…

Iceland banks1

Iceland: where banks are becoming just PFMs

I mentioned I was in Iceland last week, and was interested to find out what the banks were thinking. We only ever hear of Iceland’s woes and troubles, and so the ability to see first-hand what was happening to the banks was one that could not be ignored. According to Wikipedia, there are only a few…

Iceland banks1

Massive innovations in payments … not?

Just been through a meeting on payments and all areas of payments from SEPA to Basel III, corporates and trade, risk and liquidity, innovation and change and more. My role was to talk about all things that I see as innovative in payments right now. That’s a long list and so, in the interests of…

How Facebook Credits could replace traditional banking

I just made a comment this week about Facebook Credits being bigger than Amazon by 2020. This was on the back of my favourite stories about Zynga becoming the biggest PayPal merchant in under a year on the back of Facebook games, and how QQ and Second Life currencies have been examples of how virtual currencies can…

How Facebook Credits could replace traditional banking

I just made a comment this week about Facebook Credits being bigger than Amazon by 2020. This was on the back of my favourite stories about Zynga becoming the biggest PayPal merchant in under a year on the back of Facebook games, and how QQ and Second Life currencies have been examples of how virtual currencies can…

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