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What role for banks in a sharing economy of social capitalism?
I was struck yesterday, as I presented my themes around Digital Bank at a conference, that there’s one area I’ve discussed for a long time, but not blogged about much in-depth. That is the collision of community with commerce via the sharing economy. The theme starts with the fact that capitalism is not what it…
Santander the winners in account switchers
I blogged a bit already about account switching, and how customer lethargy meant that it wasn’t really happening. Account switching rules came into force on 16th September, and the new rules mean that it takes just seven days to move accounts and all incoming and outgoing payments have to switch with the account automatically. If there…

Santander the winners in account switchers
I blogged a bit already about account switching, and how customer lethargy meant that it wasn’t really happening. Account switching rules came into force on 16th September, and the new rules mean that it takes just seven days to move accounts and all incoming and outgoing payments have to switch with the account automatically. If there…

The (Nordic) Future of Trading
We had our first meeting of the Financial Services Club Nordic Region last week at the British Embassy in Stockholm. Attended by around 70 senior figures from the financial markets across the region, we discussed the changes and implications of change in European investment markets, with a focus upon the processes involved in pre- and…

“If I had more time, I would have written a shorter regulation”
We were discussing rules and regulations recently, and how the rulebook screws up all meaning and intention of the things they are trying to enforce. It’s not the regulators fault, but the fault of too many cooks spoiling the broth. Take the examples we debated. The US constitution has 4,400 words. It is the oldest and…
“If I had more time, I would have written a shorter regulation”
We were discussing rules and regulations recently, and how the rulebook screws up all meaning and intention of the things they are trying to enforce. It’s not the regulators fault, but the fault of too many cooks spoiling the broth. Take the examples we debated. The US constitution has 4,400 words. It is the oldest and…
Visa note the easiest fraud is to buy a Rolex
We had a very enjoyable and engaging dialogue with Peter Bayley, Executive Director of Fraud Management for Visa Europe at the Financial Services Club London last night. Peter spoke for over an hour in an interactive discussion about the role of Visa in managing fraud, who is accountable for losses, the impact of current and…
Visa note the easiest fraud is to buy a Rolex
We had a very enjoyable and engaging dialogue with Peter Bayley, Executive Director of Fraud Management for Visa Europe at the Financial Services Club London last night. Peter spoke for over an hour in an interactive discussion about the role of Visa in managing fraud, who is accountable for losses, the impact of current and…























