So George Osborne, the UK Chancellor, made a big speech at JPMorgan’s HQ in Bournemouth yesterday. The speech announced the details of the UK Banking Reform Bill which will implement the recommendations of the Vickers’ Independent Commission on Banking (ICB) for ring fencing, account switching and more. The speech is based upon four foundation principles…
I just had a dialogue that was disquieting. I can’t say with whom, but the dialogue was about the impact of real-time on the world of regulation. This person said to me that their regulator ran a COBOL-based system that could not handle real-time because it was batch based. Really, I exclaimed. It’s the 21st…
I just had a dialogue that was disquieting. I can’t say with whom, but the dialogue was about the impact of real-time on the world of regulation. This person said to me that their regulator ran a COBOL-based system that could not handle real-time because it was batch based. Really, I exclaimed. It’s the 21st…
In 2008, we all thought banks were bye, bye, bye. Five years later, everyone is saying buy, buy, buy. Or Warren Buffet is anyway. In an interview with Bloomberg last week, Buffett said: “The banks will not get this country in trouble, I guarantee it. Our banking system is in the best shape in recent memory….
In 2008, we all thought banks were bye, bye, bye. Five years later, everyone is saying buy, buy, buy. Or Warren Buffet is anyway. In an interview with Bloomberg last week, Buffett said: “The banks will not get this country in trouble, I guarantee it. Our banking system is in the best shape in recent memory….
I was at a conference yesterday where a leading economist talked about the global economic forecasts and specifically about the UK. When he got to the UK, he started talking about which sectors were expanding and succeeding the most, citing the telecommunication, transport and logistics areas as those with the greatest opportunity. In other words,…
I was at a conference yesterday where a leading economist talked about the global economic forecasts and specifically about the UK. When he got to the UK, he started talking about which sectors were expanding and succeeding the most, citing the telecommunication, transport and logistics areas as those with the greatest opportunity. In other words,…
I don't normally place press releases on the blog, but this one's an important one so here it is pretty much unedited: Paying a friend or business on your mobile as easily as sending a text is set to become a mainstream option in spring 2014, when the Payments Council’s new mobile payments service launches….
I don't normally place press releases on the blog, but this one's an important one so here it is pretty much unedited: Paying a friend or business on your mobile as easily as sending a text is set to become a mainstream option in spring 2014, when the Payments Council’s new mobile payments service launches….
FinovateEurope 2013 is only 4 weeks away and readers of the Finanser can get a 10% discount on the ticket price by entering 'FSClub2013' as your discount code when registering. With the expansion to two days this year the Finovate organisers have been able to select a ton of new fintech innovations (check out the presenter list)…
