This year's social networking phenomena has to be Twitter. Ever since Janis Krums posted the first photo of the US Airways plane landing on the River Hudson on Twitter, everyone has been talking about it. From its creation in 2006, it has now become a mainstream tool for blackberriers, mobilers and netters. What's it all…
This year's social networking phenomena has to be Twitter. Ever since Janis Krums posted the first photo of the US Airways plane landing on the River Hudson on Twitter, everyone has been talking about it. From its creation in 2006, it has now become a mainstream tool for blackberriers, mobilers and netters. What's it all…
I've just uploaded my latest presentation on Banking as a Service, which was presented for the first time in Bahrain this week. This is therefore, in effect, my fourth posting about why banking will be free, or razorblade margins anyway. You can read Parts One, Two and Three first if you want, but you should…
Bank Systems & Technology just alerted me to the fact that Virgin Money has opened as a wholesale mortgage market for US mortgage brokers. From their website: "What does Virgin Money do for mortgage originators like me? "We give you products to sell — competitive mortgages made attractive with a brand that US borrowers see…
I've blogged a few times about M-Pesa. The first time was in late 2007, when Citibank did a deal to roll the M-Pesa model worldwide for remittances. Then again in 2008, when Royal Bank of Scotland (RBS) announced the idea of a business model based upon being an MBNO, a Mobile Banking Network Operator. The idea of the latter…
I've blogged a few times about M-Pesa. The first time was in late 2007, when Citibank did a deal to roll the M-Pesa model worldwide for remittances. Then again in 2008, when Royal Bank of Scotland (RBS) announced the idea of a business model based upon being an MBNO, a Mobile Banking Network Operator. The idea of the latter…
In the final part of discussions of social networks, media, banking and money, I thought I would turn attention to the use of mobile devices as access media to these networks. Mobile usage in banking has grown to a crescendo in the past year, after bubbling away nicely since the turn of this century. This…
