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Shaping the future of finance

Payments

Is this the end of the euro?

For the past two years, we have performed a major survey around the euro and the Eurozone, and how the developments of the infrastructures to support this is changing. The survey for 2011 is now live and looks at the world after the PSD and SEPA, particularly the implications of the end of the euro,…

How banks can beat the telco’s at the mobile game

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…

Banks are from Mars, Corporates are from Venus

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…

Banks are from Mars, Corporates are from Venus

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…

Why payments infrastructures are NOT fit for purpose

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…

Why payments infrastructures are NOT fit for purpose

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…

Are payments infrastructures fit for purpose?

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…

Cognizant dinner

How banks are becoming PayPals

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…

Beneath

How banks are becoming PayPals

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…

Beneath

How BIG is Google’s Wallet launch?

So yesterday I was thinking that it’s not worth talking about Google’s announcement of a mobile wallet as it’s been covered everywhere. But to not mention it on the blog would be a serious loss of duty so, in answer to my question, it's BIG news.   In fact, it's VERY BIG. Google has announced a…

1.1_phone_wallet

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