Payments

Chris Skinner, who has established a global reputation as a banking provocateur, is in good form with his new book, “The Future of Banking in a Globalised World.” (John Wiley & Sons, 196 pages, £34.99) In it, he points out many of the more obvious problems in retail banking – such as a focus on…

Apologies to anyone in the FinanSer community who felt my discussion of the origins of money were disparaging any religious sensitivities.  I was merely stating a historical fact.  Nevertheless, apparently some people do not know their history, so here’s a little more depth on the Shekel from one of thousands of websites discussing the Temple…

Since time immemorial, folks have bartered and haggled over goods and services.  It’s the nature of society, which is why we have swap shops, car boot sales and markets.  “C’mon, c’mon, roll up, roll up, 3 for a £1 today”. “Ere mate, I’ll give you a fiver for 20?”“Okey-doke”.        eBay encourages a bit…

Since time immemorial, folks have bartered and haggled over goods and services.  It’s the nature of society, which is why we have swap shops, car boot sales and markets.  “C’mon, c’mon, roll up, roll up, 3 for a £1 today”. “Ere mate, I’ll give you a fiver for 20?”“Okey-doke”.        eBay encourages a bit…

Since time immemorial, folks have bartered and haggled over goods and services.  It’s the nature of society, which is why we have swap shops, car boot sales and markets.  “C’mon, c’mon, roll up, roll up, 3 for a £1 today”. “Ere mate, I’ll give you a fiver for 20?”“Okey-doke”.        eBay encourages a bit…

After my discussion yesterday of cashless economies, and my blogs before about a cashless world such as this one, I find that nearly all of the cashless discussions come from the card companies.  For example, Peter Ayliffe, CEO of Visa Europe, made a statement in March 2007 that we would be living in a cashless…

It is interesting to think about cash and where cash is going.  Can we really be cashless? The history of cash, as those who know my presentations, is that it was invented for sex.  I know a lot of people don’t believe this, but the first form of money was the shekel.  The shekel was…

It is interesting to think about cash and where cash is going.  Can we really be cashless? The history of cash, as those who know my presentations, is that it was invented for sex.  I know a lot of people don’t believe this, but the first form of money was the shekel.  The shekel was…

It is interesting to think about cash and where cash is going.  Can we really be cashless? The history of cash, as those who know my presentations, is that it was invented for sex.  I know a lot of people don’t believe this, but the first form of money was the shekel.  The shekel was…

Interesting to be in Asia at the moment, which is where I flew out to in case you were wondering yesterday.  I’m here at a major payments conference and was sorry to miss the minor "hurrah" as SEPA went live on Monday.  Whoopee-doo!  Did you see the celebrations and fireworks?  Nope?  Neither did I.  In…