As mentioned, last week was a Remittances week in Rome. Remittances continually intrigues me as a market, especially the major focus financial institutions are now placing on this area as an opportunity. This is contradictory as those who need remittance services the most are often those who do not use banks or have bank accounts. …
It occurred to me today that many of the revolutions in banking have occurred as a result of technology change. For example, the mainframe enabled back office automation of accounts to support banks becoming national and international behemoths. Without the power of the mainframe systems of the 1960s, Visa, MasterCard and SWIFT would not exist…
It occurred to me today that many of the revolutions in banking have occurred as a result of technology change. For example, the mainframe enabled back office automation of accounts to support banks becoming national and international behemoths. Without the power of the mainframe systems of the 1960s, Visa, MasterCard and SWIFT would not exist…
The shock death of Michael Jackson last night created a raft of news stories about how it has impacted the world of global connections via the internet. From the crash of Google, to the explosion of Facebook and Tweets about him, to the proof that we can't even spell his name, to amazing tributes (and…
The shock death of Michael Jackson last night created a raft of news stories about how it has impacted the world of global connections via the internet. From the crash of Google, to the explosion of Facebook and Tweets about him, to the proof that we can't even spell his name, to amazing tributes (and…
A year ago, I wrote a line in a blog: “Boy, how the markets have changed in a year. We now see investment bankers facing hard times and selling second homes or pawning their Aston Martins and Rolex watches, as their wives divorce them before poverty strikes. We see hedge fund managers faking suicide leaps…
A year ago, I wrote a line in a blog: “Boy, how the markets have changed in a year. We now see investment bankers facing hard times and selling second homes or pawning their Aston Martins and Rolex watches, as their wives divorce them before poverty strikes. We see hedge fund managers faking suicide leaps…
Yesterday, I presented the second in a series of webinars focusing upon Global Bank Trends. The first presentation looked at these trends generally. You can watch and hear the hour-long webinar by clicking here or view and download the presentation: The second presentation focused upon trends in mobile financial services, and covers key developments in…
