Technology

Over the past few weeks, I've been posting a blog each week about social networking themes in the build up to the big bank tradeshow, SIBOS. First, I argued that banks don't innovate, and then I put forward the reasons why social networks are relevant to banks. Nevertheless, although I regularly blog about social networks…

I've written a fair bit of positive stuff about PayPal over the last few years, and was intriguted by two headlines today. One, "PayPal reported me to the FBI". Two, "PayPal up charges to customers … and don't tell them". The first is blogger Ghetto Webmaster, who posted an image of PayPal's logo to illustrate…

I've written a fair bit of positive stuff about PayPal over the last few years, and was intriguted by two headlines today. One, "PayPal reported me to the FBI". Two, "PayPal up charges to customers … and don't tell them". The first is blogger Ghetto Webmaster, who posted an image of PayPal's logo to illustrate…

I've written a fair bit of positive stuff about PayPal over the last few years, and was intriguted by two headlines today. One, "PayPal reported me to the FBI". Two, "PayPal up charges to customers … and don't tell them". The first is blogger Ghetto Webmaster, who posted an image of PayPal's logo to illustrate…

I had a chat with a couple of people last week about the hot topics in capital markets. Along with our regular talk about liquidity risk, new EU regulations and USA and EU focus upon OTC Derivatives, clearing and settlement, another subject has recently come to the fore. The use of broker–dealer capabilities to leverage…

For some time, we've seen twitter emerge as a communications channel and wondered what it means for banks.  This morning, I gained a good insight as I was alerted to some dialogue between UBank, a division of the National Bank of Australia (NAB), and someone who made a comment about them. It all began with…

As Twitter is still a hot topic for some, there's a really interesting survey that has just been released by social media analytics firm Sysomos.  After analysing information disclosed on 11.5 million Twitters accounts in July, they discovered that: 72.5% of all users joined between January 1 and May 31 2009 85.3% of all Twitter…

Interesting debate on LinkedIn's Payment Systems Network, where someone asked a question about what methods to use to control data entry errors in remittance processing and whether there are any strategies to follow. Martin Jermann, a consultant with the United Nations, responds: I work for the United Nations and we make payments all over the…

Interesting debate on LinkedIn's Payment Systems Network, where someone asked a question about what methods to use to control data entry errors in remittance processing and whether there are any strategies to follow. Martin Jermann, a consultant with the United Nations, responds: I work for the United Nations and we make payments all over the…

Let’s look at the relevance of social media to banks. Banks are starting to get into the idea of social media with Scotia Bank, Bank of America and HSBC running small business community networks for example, as well as some such as Wells Fargo pushing the envelope with blogs, Facebook, YouTube and Twitter. The usual…