I’ve used a video from Visa Europe to illustrate what real-time payments processing means in practice for a while now, and finally tracked it down on Brightcove: It’s a good video, tracking the journey of a payment from a Swedish bank customer using a mobile contactless phone in China. The payment travels through 32,000 of…
America has a new Consumer Financial Protection Bureau (CFPB), thanks to the Dodd-Frank reforms. The CFPB is a bit like the FBI, but focused upon money. Who could possibly run the CFPB? They would need to be an Eliot Ness Untouchable sort of person. A big swinging heavyweight, who can shoot the baddies of the…
We are pleased to provide our eighth month of monitoring the MTF performances in European Equities trading, in partnership with Thomson Reuters Equity Market Share Reporter (EMSR). Market Share based upon Euro Value August 2010 July 2010 Source: Thomson Reuters Equity Market Share Reporter Market Share based upon Volume of Trading August 2010 July 2010…
Strongbow Cider has just launched a new ad in the UK. The original advert honours the workers who create value – such as the pork pie fillers of Melton Mowbray and the sofa deliverymen of the M4 corridor: The new one is slightly less complementary and is targeted at … bankers [click here for larger…
Over the weekend, Umair Haque tweeted the following: "I'm going to make you rich. You just have to be my bitch". A must read (esp for non wall streeters). with a link to this article from ProPublica: Banks’ Self-Dealing Super-Charged Financial Crisis The article is pretty shocking. Here's the opening paragraphs: "Over the last two…
At SWIFT's SIBOS this year, I'm going to be one of the key business owners of the Innotribe stream focused upon the “Long Now”, a theme I've blogged about several times before. The Long Now is all about thinking for the long term, rather than the short term. It is about projects that foster long-term…
I was recently interviewd by Ben Leis of Youth Trends Report, and reproduce the discussion here for posterity: Ben Leis: Growing up, learning to save money was simple and fun with things like piggy banks but over time financial education becomes more complicated. How can the financial education process be improved? Chris Skinner: Parents teach…
Jeffry Pilcher at the Financial Brand ran an interesting survey this month to see how US banker’s are getting on with online marketing. Most of the banks surveyed were smaller credit unions, although 49 retail banks took part too. 64 of the 154 participants had $1 billion in assets or more, whilst 66 had less…
