In the 1990s, I spent a long time studying bank trends and the future strategies banks and other would take. The conclusion I came to is that there would be a general cross-industry bank trend, where non-banks would enter banking and, in order to get banking skills, would acquire banks. The end-game would be that…
I’ve been in lots of meetings in the past two weeks about bank to corporate relationship and the general dialogue goes that banks don’t understand corporates' needs. Corporate: What we want is for our bank to understand our business as well as we do, and make it work like we want. We want the banks to…
I’ve been in lots of meetings in the past two weeks about bank to corporate relationship and the general dialogue goes that banks don’t understand corporates' needs. Corporate: What we want is for our bank to understand our business as well as we do, and make it work like we want. We want the banks to…
At SIBOS 2004, Heidi Miller asked tough questions of the payments community. I often refer back to her speech, particularly the statement that, in the age of the internet SWIFT, “what have you done for me lately?” This inspired our payments survey, the results of which are now available as mentioned yesterday but, in another…
At SIBOS 2004, Heidi Miller asked tough questions of the payments community. I often refer back to her speech, particularly the statement that, in the age of the internet SWIFT, “what have you done for me lately?” This inspired our payments survey, the results of which are now available as mentioned yesterday but, in another…
During the spring, we reached out and asked readers and FSClub members to provide their views, via an online survey, of the world's largest payments infrastructures and whether they are fit for the purpose they are being used for today. Last night, we released the results of the research at a dinner hosted by survey…
There was an interesting statement from one of the banks at this week’s conference: “we wish we could just take a real-time NFC payment direct from the mobile contactless terminal in the merchant and straight through to the bank’s deposit account.” This got me thinking: “why not?” Why can’t a bank take a payment direct…
There was an interesting statement from one of the banks at this week’s conference: “we wish we could just take a real-time NFC payment direct from the mobile contactless terminal in the merchant and straight through to the bank’s deposit account.” This got me thinking: “why not?” Why can’t a bank take a payment direct…
Just got home from travels and found a leaflet on my doormat. Usually such leaflets get thrown in the bin, but the strapline “start a whole new movement” in orange intrigued me. I wonder what this is about I thought, as I’ve never had junkmail from what I assumed was Orange, the mobile phone operator….
