Technology

Presenting a webinar yesterday, I spent a bit of time talking about Twitter in banking. Brian Hartzer, the former CEO of ANZ, has been an avid tweeter and even announced his departure from ANZ on Twitter (he's taking over Retail Banking at RBS in the UK). More recently sites such as Stocktwits and Twitscoop allow…

As mentioned, last week was a Remittances week in Rome. Remittances continually intrigues me as a market, especially the major focus financial institutions are now placing on this area as an opportunity. This is contradictory as those who need remittance services the most are often those who do not use banks or have bank accounts. …

As mentioned, last week was a Remittances week in Rome. Remittances continually intrigues me as a market, especially the major focus financial institutions are now placing on this area as an opportunity. This is contradictory as those who need remittance services the most are often those who do not use banks or have bank accounts. …

It occurred to me today that many of the revolutions in banking have occurred as a result of technology change. For example, the mainframe enabled back office automation of accounts to support banks becoming national and international behemoths. Without the power of the mainframe systems of the 1960s, Visa, MasterCard and SWIFT would not exist…

It occurred to me today that many of the revolutions in banking have occurred as a result of technology change. For example, the mainframe enabled back office automation of accounts to support banks becoming national and international behemoths. Without the power of the mainframe systems of the 1960s, Visa, MasterCard and SWIFT would not exist…

I’m often asked about Zopa’s business model and website Lovemoney have kindly made a video explaining what they’re all about and how they work. At the end, they ask whether you should love or loathe Zopa … you’ll have to watch the video to find out the answer to that one. Although the video is…

I get a lot of email feeds and news from financial websites, but often spot real banking news in more unlikely places … like New Scientist magazine. On the front cover of last week's mag was a story about Gaia's evil twin.   I thought that was going to be about the social networking world…

I was asked twice yesterday about cloud computing. Firstly by a friend who wanted to know how it related to payments; and then by another mate in the investment world. The latter was inspired by a new report from IBM and SIFMA that states that cloud computing is ready for prime time: A survey of…