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The Future of SWIFT: a meeting with Gottfried Leibbrandt

Still busy in the Financial Services Club world with meetings in Stockholm, Vienna, Warsaw and London all in the past two weeks. The interesting theme of all these meetings, and those in our future plans, is the digitisation of banking. Most notably, the Chi-x BAT effect noted in our Stockholm launch meeting of the Nordic Financial…

Gottfried1

The Future of Money (in Denmark)

One of our partners at the Financial Services Club is CFIR, the Copenhagen Finance IT Region. CFIR is an EU-funded networking group in Denmark who produce research and events around the developments in Danish banking and payments. Over the past year, CFIR has worked with the Copenhagen Business School, IBM, Danske Bank, NETS, the Innovation…

The Future of Money (in Denmark)

One of our partners at the Financial Services Club is CFIR, the Copenhagen Finance IT Region. CFIR is an EU-funded networking group in Denmark who produce research and events around the developments in Danish banking and payments. Over the past year, CFIR has worked with the Copenhagen Business School, IBM, Danske Bank, NETS, the Innovation…

Do the issues at RBS show that Fred Goodwin’s era was 1000% incompetent?

I know that it’s getting nearer to Christmas and the party season has kicked in, but yes, I’m still here blogging about banking business. There were lots of headlines about the second major RBS payments glitch last week.  Here are just a few: RBS suffers IT glitch on Cyber Monday, New Zealand Herald-3 Dec 2013 RBS and Natwest customers…

Cliff balance

Do the issues at RBS show that Fred Goodwin’s era was 1000% incompetent?

I know that it’s getting nearer to Christmas and the party season has kicked in, but yes, I’m still here blogging about banking business. There were lots of headlines about the second major RBS payments glitch last week.  Here are just a few: RBS suffers IT glitch on Cyber Monday, New Zealand Herald-3 Dec 2013 RBS and Natwest customers…

Cliff balance

Are banks ready for Cloud?

We had a lively meeting at the Financial Services Club the other day, talking about cloud computing in banking. I say lively because it is still clear to me that cloud is misunderstood in banking. I guess because cloud is this amorphous mass of stuff that is ill-defined and hard to track down to a…

Cloud

Big Data is all about knowing what questions to ask

Like everyone, I was shocked by the news of the Westgate Shopping Mall shootings in Nairobi, Kenya. The real shock is how they determined who to shoot, singling out individuals and asking whether they could name the Prophet Muhammad’s mother: Reports from separate floors of the building in the first hours of the assault told…

Big Data is all about knowing what questions to ask

Like everyone, I was shocked by the news of the Westgate Shopping Mall shootings in Nairobi, Kenya. The real shock is how they determined who to shoot, singling out individuals and asking whether they could name the Prophet Muhammad’s mother: Reports from separate floors of the building in the first hours of the assault told…

Mobile payments gorillas are already out there

It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business.  In fact, being close to the UK PayPal…

Mobile payments gorillas are already out there

It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business.  In fact, being close to the UK PayPal…

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