Payments

Clearing and Settlement: it’s time for action

Brussels. 1998. A small, windowless room, in the lower halls of the European Parliament. The euro is almost here and the European Central Bank has just been inaugurated. High value settlement systems are in play and central banks can process euro’s across the Eurozone therefore. Phew! This meeting has been called to find out what…

Capital Markets are the same as eBay

We make the financial world incredibly complex and, because I’m going to spend the whole week talking about Clearing & Settlement, we need to simplify it. In order to do that, I thought I would relay a conversation I had over the weekend where I tried to explain capital markets to a friend, and it…

Capital Markets are the same as eBay

We make the financial world incredibly complex and, because I’m going to spend the whole week talking about Clearing & Settlement, we need to simplify it. In order to do that, I thought I would relay a conversation I had over the weekend where I tried to explain capital markets to a friend, and it…

Capital Markets are the same as eBay

We make the financial world incredibly complex and, because I’m going to spend the whole week talking about Clearing & Settlement, we need to simplify it. In order to do that, I thought I would relay a conversation I had over the weekend where I tried to explain capital markets to a friend, and it…

Can a billion people be wrong?

During the last year, we’ve all enjoyed the rise of social media and social networking, with many of us now happily Twittering, Facebooking, Beboing, StudiVZing, MySpacing, Cyworlding, Mixiing, QQing or whatever takes your fancy. In fact, the numbers are quite incredible. Considering most of these sites had virtually no users in 2006, the fact that…

Can a billion people be wrong?

During the last year, we’ve all enjoyed the rise of social media and social networking, with many of us now happily Twittering, Facebooking, Beboing, StudiVZing, MySpacing, Cyworlding, Mixiing, QQing or whatever takes your fancy. In fact, the numbers are quite incredible. Considering most of these sites had virtually no users in 2006, the fact that…

Chinese bank customers queue in desperation

Today was a really funny day. I'm in Hong Kong and have a bit of time to walk around before my first meeting here, so I go out and about, up and down the Nathan Road, which is one of the main streets of Kowloon near my hotel. As I'm walking I see this massive…

Chinese bank customers queue in desperation

Today was a really funny day. I'm in Hong Kong and have a bit of time to walk around before my first meeting here, so I go out and about, up and down the Nathan Road, which is one of the main streets of Kowloon near my hotel. As I'm walking I see this massive…

Chinese bank customers queue in desperation

Today was a really funny day. I'm in Hong Kong and have a bit of time to walk around before my first meeting here, so I go out and about, up and down the Nathan Road, which is one of the main streets of Kowloon near my hotel. As I'm walking I see this massive…

Internet banking … but not as we know it

I was privileged to join a presentation today from one of the best internet banks in the world: eBANK, Japan. That’s a bold claim, but the only bank that comes close to eBANK, for me, is the Bank of America and that is because the BoA have 25 million internet users and over a million mobile…