Intraday Liquidity is a term that would mystify some, but is one of the core issues of today as this is a liquidity crisis. Liquidity is the ability of a bank to meet its payment obligations by being able to identify those assets that can be quickly converted to cash. Intraday Liquidity is therefore the…
Intraday Liquidity is a term that would mystify some, but is one of the core issues of today as this is a liquidity crisis. Liquidity is the ability of a bank to meet its payment obligations by being able to identify those assets that can be quickly converted to cash. Intraday Liquidity is therefore the…
I blogged last year about BBVA being the first bank to achieve a true Bank 2.0 solution for their customers and then yesterday about Wonga, a real webby disruption for loans. Strangely enough, these two themes came together as an email dropped into my intray this morning announcing that Money Strands, the firm behind BBVA’s…
I blogged last year about BBVA being the first bank to achieve a true Bank 2.0 solution for their customers and then yesterday about Wonga, a real webby disruption for loans. Strangely enough, these two themes came together as an email dropped into my intray this morning announcing that Money Strands, the firm behind BBVA’s…
I blogged last year about BBVA being the first bank to achieve a true Bank 2.0 solution for their customers and then yesterday about Wonga, a real webby disruption for loans. Strangely enough, these two themes came together as an email dropped into my intray this morning announcing that Money Strands, the firm behind BBVA’s…
During the week, I enjoyed lunch with a venture capitalist who works with start-up firms that are innovating in financial services. One of the businesses he’s investing in is Wonga, another business that appears to be disrupting banks' business models in the same way as Zopa has been. I’d never heard of Wonga before, except…
During the week, I enjoyed lunch with a venture capitalist who works with start-up firms that are innovating in financial services. One of the businesses he’s investing in is Wonga, another business that appears to be disrupting banks' business models in the same way as Zopa has been. I’d never heard of Wonga before, except…
During the week, I enjoyed lunch with a venture capitalist who works with start-up firms that are innovating in financial services. One of the businesses he’s investing in is Wonga, another business that appears to be disrupting banks' business models in the same way as Zopa has been. I’d never heard of Wonga before, except…
From the Financial Times today: Card charges rise in spite of low rates "Credit card providers have continued to raise charges in spite of historically low interest rates … "In the past year the cost of borrowing money on plastic has risen from 16.8 to 17.7 per cent. "Over the same period the prevalence of…
I was at the Card Awards last night and a grand and lavish affair it was, with over 1,000 people noshing through a 3-course fine dinner (although it was held in a tent in Battersea Park!). It was the usual dickey bows and taffeta dresses affair presented by the very engaging John Humphreys, host of…
