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Shaping the future of finance

Regulation

SEPA and the PSD: broken but not dead

I haven't written much about SEPA, the Single Euro Payments Area, lately because there's not been much to update although the last time I did, I asked the question: "Are SEPA and the PSD completely broken?" However, there is now some news as I was with Gerard Hartsink in Hong Kong and Ruth Wandhofer in…

FSA Liquidity Regs – Threat to London Banks’ Global Role?

Tom Groenfeldt attended our recent meeting of the Financial Services Club, where the new FSA Liquidity Rules were debated.  Here’s his report:   The FSA’s new rules on liquidity management threaten to overload banks with reporting that the regulator won’t be able to understand while missing the source of the current financial crisis, said panelists…

Jim Cramer vs Jon Stewart, Round Three and KO

In what began a week ago as an attack on CNBC's Business News coverage and escalated into a head-to-head battle between CNBC's Stock Market pundit Jim Cramer and Comedy Central's Jon Stewart, came to what seemed to be a conclusion on Thursday night as Cramer made a personal appearance on Stewart's Daily Show. The full…

The biggest barrier is our legacy mentality

On regular occasions I talk about disruptive models of banking and payments, such as complementary currencies, the new European Exchanges, Paypal, Zopa and SmartyPig. The aim is to illustrate that there is the potential to do banking without banks. This is not to say that I believe people want to do banking in a different…

Building Societies hate our compensation scheme

I blogged recently about the Financial Services Compensation Scheme (FSCS) being a method of robbing the prudent to protect the irrational.  The blog was motivated by discussions with our Building Societies (thrifts) who are comlaining that this is a tax levied upon building societies, who own many of the major deposits of UK citizens today,…

Building Societies hate our compensation scheme

I blogged recently about the Financial Services Compensation Scheme (FSCS) being a method of robbing the prudent to protect the irrational.  The blog was motivated by discussions with our Building Societies (thrifts) who are comlaining that this is a tax levied upon building societies, who own many of the major deposits of UK citizens today,…

Building Societies hate our compensation scheme

I blogged recently about the Financial Services Compensation Scheme (FSCS) being a method of robbing the prudent to protect the irrational.  The blog was motivated by discussions with our Building Societies (thrifts) who are comlaining that this is a tax levied upon building societies, who own many of the major deposits of UK citizens today,…

Debunking card myths with John Chaplin

Here’s another blog with multimedia inserts, this time discussing John Chaplin who presented at the Club this week about trends in debit and credit cards. Now John should know what he’s talking about as he is European payments adviser for First Data,  liaising closely with the European Commission, European Central Bank and other regulatory authorities…

Debunking card myths with John Chaplin

Here’s another blog with multimedia inserts, this time discussing John Chaplin who presented at the Club this week about trends in debit and credit cards. Now John should know what he’s talking about as he is European payments adviser for First Data,  liaising closely with the European Commission, European Central Bank and other regulatory authorities…

Debunking card myths with John Chaplin

Here’s another blog with multimedia inserts, this time discussing John Chaplin who presented at the Club this week about trends in debit and credit cards. Now John should know what he’s talking about as he is European payments adviser for First Data,  liaising closely with the European Commission, European Central Bank and other regulatory authorities…

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