This is my fifth posting about why banking will be free (Parts One, Two,Three and Four). I keep talking about this as it's clarifying my own thinking, and I'm intrigued to see if anyone wants to come up with an alternative. This posting comes around because I was thinking about Banking on the Network and…
This year's social networking phenomena has to be Twitter. Ever since Janis Krums posted the first photo of the US Airways plane landing on the River Hudson on Twitter, everyone has been talking about it. From its creation in 2006, it has now become a mainstream tool for blackberriers, mobilers and netters. What's it all…
This year's social networking phenomena has to be Twitter. Ever since Janis Krums posted the first photo of the US Airways plane landing on the River Hudson on Twitter, everyone has been talking about it. From its creation in 2006, it has now become a mainstream tool for blackberriers, mobilers and netters. What's it all…
I chaired a dinner on compliance last night, with eight risk and compliance professionals from a range of international and global banks. Without any particular science to this, I noted key words used throughout the evening and came up with a word cloud that looks a bit like this: What this demonstrated is that there…
I chaired a dinner on compliance last night, with eight risk and compliance professionals from a range of international and global banks. Without any particular science to this, I noted key words used throughout the evening and came up with a word cloud that looks a bit like this: What this demonstrated is that there…
Two statistical releases came out today that make an interesting story. First, children are "more savvy" about finances than their parents were, with the pocket money of kids tagged at £6.32 (about $10) weekly … seems a very exact number but it is an average. Not surprisingly children are very with it when it comes…
I was invited to Ireland this week to join a debate at the University College Cork's Philosophical Debating Society. The Debate was entitled: This House Believes That We Should Let Banks Go To the Wall, as in banks should die if they are failing. This is well illustrated by the poster advertising the debate: Viva…
The next meeting of the FSClub in Ireland is on 25th February, and will focus upon how Europe's infrastructural changes impact the Irish economy and banks. Reviewing the situation will be Mr. Gilbert Lichter, Secretary General of the Euro Banking Association (EBA) and Pat Mc Loughlin, Chief Executive of the Irish Payments Services Organisation (IPSO)….
I've just uploaded my latest presentation on Banking as a Service, which was presented for the first time in Bahrain this week. This is therefore, in effect, my fourth posting about why banking will be free, or razorblade margins anyway. You can read Parts One, Two and Three first if you want, but you should…
Bank Systems & Technology just alerted me to the fact that Virgin Money has opened as a wholesale mortgage market for US mortgage brokers. From their website: "What does Virgin Money do for mortgage originators like me? "We give you products to sell — competitive mortgages made attractive with a brand that US borrowers see…
