Technology

Dec 19, 2012

2012: Technologies create the Perfect Storm

The #1 buzz phrase that everyone has grown to hate (especially Ron Shevlin) is Big Data. Sure, you may hate it, but it is still pretty important, as I blogged a wee while ago. A second area that has become so over debated that it is dull is Mobile. Add Cloud and Social to the…

Dec 19, 2012

2012: Technologies create the Perfect Storm

Dec 6, 2012

TARGET2 for Securities [T2S] – the latest news

The ECB just released their latest Quarterly Update Magazine and, as we have a plenary meeting of the Clearing & Settlement Working Group next Tuesday, I thought you might be interested in an update on T2S from the ECB. T2S Programme Plan The T2S project is on track and progressing according to the Programme Plan, which…

Dec 6, 2012

TARGET2 for Securities [T2S] – the latest news

Dec 3, 2012

Mobile domination: half of all Visa payments will be made by mobile in 2020

The Sunday Times had a specially sponsored section on mobile business this weekend. The section gave some interesting stats that are worth repeating (just in case you didn’t think mobile payments is big business): 28.2 trillion messages will be sent from mobiles in 2016, up from 15 trillion this year (Source: Juniper Research) 9.4 trillion…

Dec 3, 2012

Mobile domination: half of all Visa payments will be made by mobile in 2020

Nov 29, 2012

Can banks meet the hybrid challenge?

It’s taken me a while to work out why social media and stuff is such a fundamental change for banking, but I finally think I've got there and it's clearer. It started with the rise of blogging and social media such as YouTube. I still retell the story of McKinsey’s Chief Executive who was side-blinded…

Nov 29, 2012

Can banks meet the hybrid challenge?

Nov 27, 2012

£3 million from a simple ATM skim

I was just surfing the BBC news for information about the new Governor of the Bank of England and found this as the #1 most viewed video clip today. The story is about a Romanian fraudster who admitted to stealing £3 million from a card-skimming scam. He couldn’t exactly deny it, as he was caught…

Nov 23, 2012

Too fast to innovate, too slow to change

As mentioned yesterday, the regulator tries to keep up with the banks who try to keep up with customer, and I said that banks often innovate too slowly. There are many examples of this, but the one that I come back to regularly is Chip & PIN. Chip & PIN has been an enormous success,…