Just got a note from SWIFT today about a new publication they’ve commissioned with BCG (Boston Consulting Group) into World Payments. Seems a bit strange as McKinsey and CapGemini already product great reports in this space. I don’t mind having another one though, especially as the results have been verified by the SWIFT network, so all numbers…
It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business. In fact, being close to the UK PayPal…
It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business. In fact, being close to the UK PayPal…
Talking of interesting surveys, I received another one recently about money laundering. This survey was performed by Veris, who interviewed almost 300 senior Anti-Money Laundering (AML) and compliance executives across 46 countries. Interesting findings: 61% of survey respondents cite an increase in board involvement in monitoring anti money laundering (AML) activities 66% of survey respondents…
Talking of interesting surveys, I received another one recently about money laundering. This survey was performed by Veris, who interviewed almost 300 senior Anti-Money Laundering (AML) and compliance executives across 46 countries. Interesting findings: 61% of survey respondents cite an increase in board involvement in monitoring anti money laundering (AML) activities 66% of survey respondents…
I gave a presentation the other day and, as usual, concluded that banks should position themselves as data vaults. One person then asked: what data should a bank make secure? which is a good question to ask, as it led to a healthy debate and improvement of clarity of view. Today, we produce exabytes of…
I gave a presentation the other day and, as usual, concluded that banks should position themselves as data vaults. One person then asked: what data should a bank make secure? which is a good question to ask, as it led to a healthy debate and improvement of clarity of view. Today, we produce exabytes of…
The three blog entries on this subject so far: The African bank crisis and remittances More on Africa, Somalia, remittances, Barclays and HSBC Banks should not be political pawns has stirred up a lot of interest. In particular, Mondata, an American consulting firm on mobile finance, has written a fascinating insight on the subject including…
I just got a copy of the Payments Council’s UK Payments Markets 2013 Report, and it makes fascinating reading about a developed economy’s changing payments habits. Here are the headlines: Consumer card use will rise by 75% from nearly 10 billion payments in 2012 to nearly 17 billion in 2022, driven primarily by increased debit…
I just got a copy of the Payments Council’s UK Payments Markets 2013 Report, and it makes fascinating reading about a developed economy’s changing payments habits. Here are the headlines: Consumer card use will rise by 75% from nearly 10 billion payments in 2012 to nearly 17 billion in 2022, driven primarily by increased debit…
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