One of the more outspoken reactions to my post on payday firms came from Wonga. Not surprising as my original headline was that “Wonga will wrestle with regulators”, and they will as the markets are pretty unregulated today. A point I made last Friday. I also mentioned last Friday that the original reason I wrote…
One of the more outspoken reactions to my post on payday firms came from Wonga. Not surprising as my original headline was that “Wonga will wrestle with regulators”, and they will as the markets are pretty unregulated today. A point I made last Friday. I also mentioned last Friday that the original reason I wrote…
Further to my write-up about Wonga the other day, I have been contacted by author and campaigner Steve Perry, who has been on the wrong side of the payday loans industry. Now don’t get me wrong. I am NOT against payday loans firms or their operations (I actually admire Wonga's technology ops). I AM against the…
Further to my write-up about Wonga the other day, I have been contacted by author and campaigner Steve Perry, who has been on the wrong side of the payday loans industry. Now don’t get me wrong. I am NOT against payday loans firms or their operations (I actually admire Wonga's technology ops). I AM against the…
Talking about risk and innovation in creating the world’s first 1,000 miles per hour (mph) car, is like talking about changing the core systems in a retail bank. You just don’t do it or, if you’re going to try, it’s incredibly tough and challenging. In fact, in retail banks, it’s even more challenging as the…
Talking about risk and innovation in creating the world’s first 1,000 miles per hour (mph) car, is like talking about changing the core systems in a retail bank. You just don’t do it or, if you’re going to try, it’s incredibly tough and challenging. In fact, in retail banks, it’s even more challenging as the…
I just made a comment this week about Facebook Credits being bigger than Amazon by 2020. This was on the back of my favourite stories about Zynga becoming the biggest PayPal merchant in under a year on the back of Facebook games, and how QQ and Second Life currencies have been examples of how virtual currencies can…
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