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If Amazon was a bank

It amazed me to see the back office of one of the largest operations in the world in action today. Yes, I’m talking about Amazon. A place you would think would be a seamless operation of high technology but, in reality, is a bit of a mess. I mean sure, from an external view, it…

Oh, for them good old cheque days

  June 9th 2065 We just celebrated grandad's hundredth birthday. He was a banker, and he recorded a speech for us to play to the family. We decided to share his speech as it captures a moment of history that many of us might forget. Hope you like it … I cannot believe that I’m…

Poor are #1 prey for financial predators

It’s fairly obvious that the less you have of something you want, the more you want it; whilst the more you have, the less you need it. It’s not true of everything I guess as, for example, I don’t have a great deal of tomatoes and don’t want more of them because I don’t like…

Isn’t social banking just a marketing thing?

One of the questions that came up in Abu Dhabi is that Social Media is great, but what’s it go to do with the CIO?  CIOs are the main audience here at MEFTEC and media is a marketing thing isn’t it? This got me thinking, as most of the social media presentations do focus upon…

Why banks are failing to manage money

OK, down to business. What has the failure of government to regulate the internet got to do with banks? Quite a lot actually as governments and banks are closely intertwined, as demonstrated throughout this financial crisis. Banks control economies and governments need economies to run efficiently, hence the two go hand in hand. And just…

Why banks are failing to manage money

OK, down to business. What has the failure of government to regulate the internet got to do with banks? Quite a lot actually as governments and banks are closely intertwined, as demonstrated throughout this financial crisis. Banks control economies and governments need economies to run efficiently, hence the two go hand in hand. And just…

That Gold dispensing ATM in action …

This week, it’s the lovely Abu Dhabi for a few days at a conference that’s now in its seventh year: MEFTEC. MEFTEC gets a large turnout from the SAMEA region – Southern Asia, Middle East and Africa – and always gives me a different flavour of the world from a strong focus on microfinance in…

Emirates-palace-hotel

The future of self-service

During the Moscow conference I attended this week, one presenter played this five-minute video in the middle of their presentation to show the future of self-service.   It's mainly about NFC (Near Field Communication) as a focal point, and is not a bad viewing … although I would have quite liked to see something slightly…

Will banking follow music, movies and books?

Industries are gradually being reinvented via the mobile internet. Some were more obviously reinvented in the first generation internet, such as music. Second generation internet is redefining more, from entertainment to news media to financial services. One thing that’s worth noting however is that it takes years to see these redefinitions occur and for the…

Illegal

Treehuggers Unite!

OK, I'm being seriously provactive now, but there appears to be a dichotomy in the world. A schism. A chasm. A catachaschism. You name it, but it's there. It's a BIG HOLE. The HOLE is between those who care and those who don't. It's a HOLE bewteen the sustainables versus the investables. The communists and…

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