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How Facebook Credits could replace traditional banking

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…

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…

A mass of social media and web 2.0 stats

I like numbers and haven't posted any for a while. So I was pleased to find a bunch of useful social stats while crawling the net the other day.   These stats starkly put into context why social networking and social media is important. It's important in all walks of life, especially finance which is…

Now it’s an eyePhone

Talking about iris recognition and passwords recently, I got a note from Spanish Bank, Bankinter, which has just launched an app that identifies clients through iris recognition on the phone.  The way it works is that customers access their brokerage accounts by blinking into their smartphone’s camera. The app has algorithms built-in that look for eye…

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Cloud Computing is a mess

It seems that I’ve been locked in debates over the past couple of weeks about two themes and two subjects only Cloud Computing and Innovation. Cloud Computing is a topic I’ll pick on today and then maybe talk a little more about Innovation tomorrow. So what’s the problem with Cloud Computing? It’s rubbish is the…

Cloud Computing is a mess

It seems that I’ve been locked in debates over the past couple of weeks about two themes and two subjects only Cloud Computing and Innovation. Cloud Computing is a topic I’ll pick on today and then maybe talk a little more about Innovation tomorrow. So what’s the problem with Cloud Computing? It’s rubbish is the…

Can’t take my eyes off of you

For a long, long, long, long, long, long time, I’ve talked about biometrics taking off in banking … and it hasn’t. The biometrics market has picked up and tailed off in fits and starts, but there is no real mainstream biometric program out there that I’ve spotted to date. The nearest I got was some…

Can’t take my eyes off of you

For a long, long, long, long, long, long time, I’ve talked about biometrics taking off in banking … and it hasn’t. The biometrics market has picked up and tailed off in fits and starts, but there is no real mainstream biometric program out there that I’ve spotted to date. The nearest I got was some…

Why governments are failing to regulate the internet

As mentioned, am in Abu Dhabi this week and will write more about the conference content during the course of the week but, today, am struggling a little bit as my blog is banned here. It’s the first country I’ve been to in my travels – and I’ve travelled lots – where I cannot actually…

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New Media versus The Law

I’ve written about the end of privacy before, but now the big news in the UK is that privacy is a joke. There is no such thing. For example, we had a court of law here that could implement superinjunctions to stop the media leaking information about people’s private lives. Major stars of media, sport…

Superinj1

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