Opinion

Russia’s greatest challenge is still to come

Just spent a few days in Moscow. It’s my third visit here, and each time I find the country intriguing, enlightening, engaging and frustrating. By way of example, the society is still very rules-based but everyone ignores the rules because no-one enforces them properly. The traffic is jammed all day on the freeways, and cars…

Peter the Great

‘Whiner Dimon’, and why consumers are just as important as regulators

Talking with a friend this week, they said that they had found my blog entries a little over the top lately.  “Calm down”, she said, “and stop being a rebel without a cause.” But that’s where she’s wrong. I am a rebel (?) with a cause: the disruption of banking as we know it. Now…

JPMorgan

Mobile carriers are just banks

We talk a lot about the threat of mobile carriers and telecom firms moving into banking and eating our lunch.  We cite examples such as NTT DoCoMo buying a credit card firm or Safaricom becoming the biggest financial transactor in Kenya, and what that will mean to banking in the future.  We see O2 and…

Homer-angry-phone

Banks and corporates live in the twentieth century

I was surprised or not to have a long discussion with some bankers and corporates about personalisation last night. My contention was that a bank should know that they have an influential corporate treasurer decision maker as a business client, and be able to use that knowledge to deliver better service to that individual as…

CRD 4, Basel 3 – does that mean CRD wins?

I’ve been getting around a bit this week.  Having had long conversations with cybersecurity experts, I’ve also been having long conversations with treasurers. Many of them. Many of them, mainly with the world’s largest corporations. And it’s been interesting, as they all share one over-riding common concern. Regulations. Now I thought bankers were the only…

CRD 4, Basel 3 – does that mean CRD wins?

I’ve been getting around a bit this week.  Having had long conversations with cybersecurity experts, I’ve also been having long conversations with treasurers. Many of them. Many of them, mainly with the world’s largest corporations. And it’s been interesting, as they all share one over-riding common concern. Regulations. Now I thought bankers were the only…

This wirelessly connected planet

I was asked to chair a panel at the end of a one day conference on the future of payments. I therefore listened to every presentation carefully and, in opening the panel, was asked to give a ten minute summation of what I had heard that day. Here’s what I said: There are a number…

The next major financial crisis will be in 2045 (presentation)

I was asked to keynote at the ISITC 18th Annual Industry Forum & Vendor Show in Boston this week. Knowing that it’s always important to pull the chain a little bit, I put forward the title: “The next mega global financial crisis will be in 2045”. This was based upon an earlier blog, where I…

2045_1