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Things worth reading: 26th September 2014

Things we're reading today include … Tesco admits no one has been in charge of finance for five months UniCredit says sanctions hurting Europe more than Russia: Czech media De La Rue shares plunge on warning U.S. repair job for BNP Paribas' new chairman Lloyd's of London warns on plane disasters claims Lloyds to sell…

Things worth reading: 26th September 2014

Things we're reading today include … Tesco admits no one has been in charge of finance for five months UniCredit says sanctions hurting Europe more than Russia: Czech media De La Rue shares plunge on warning U.S. repair job for BNP Paribas' new chairman Lloyd's of London warns on plane disasters claims Lloyds to sell…

There is no next big thing … get over it #finovatefall

In another conversation, I just spent some time at Finovate Fall in New York. It’s grown a bit since I was last there four years ago - I would estimate a doubling of attendance … … and it’s still back-to-back demos of PFM, biometric tracking systems, social trading, mobile innovation and such.  In fact, it’s a…

Finovate

There is no next big thing … get over it #finovatefall

In another conversation, I just spent some time at Finovate Fall in New York. It’s grown a bit since I was last there four years ago - I would estimate a doubling of attendance … … and it’s still back-to-back demos of PFM, biometric tracking systems, social trading, mobile innovation and such.  In fact, it’s a…

Finovate

Things worth reading: 25th February 2014

Things we're reading today include … US financier quits $2trn investment fund after his daughter writes list showing 22 life landmarks he'd missed Citizens Financial Group makes tepid market debut Who would be a whistleblower? Ex-investor relations exec pleads guilty in NY to insider trading JPMorgan tops investment bank league table in first half Meet…

Things worth reading: 25th February 2014

Things we're reading today include … US financier quits $2trn investment fund after his daughter writes list showing 22 life landmarks he'd missed Citizens Financial Group makes tepid market debut Who would be a whistleblower? Ex-investor relations exec pleads guilty in NY to insider trading JPMorgan tops investment bank league table in first half Meet…

The best job in banking: Chief Cannibal

Someone is always wondering what the future job titles are going to be in banks. Brett King recently presented about such, and had the top five titles as: Data Scientist – the most sought-after banking job in five years, since they will be tasked to figure out “when, why, and how” consumers use bank products, using…

Lecter

Why there may still be a role for paper …

I know it's a sign of my age, but am I the only one lamenting the loss of paper? The fact is that I've visited several bank archives and actively collect rare bank notes, as well as a selection of bank notes from around the world, and the move to digitise everything just feels a…

Saddam

What drives banks’ investments in technology?

Another interesting debate is what drives banks’ investments in technology? For years, it’s been cost reduction, cost avoidance, regulatory requirements for change, risk management and compliance, competitive imperatives and such like.  Not one of these talks about customer needs however. I’ve been a firm believer that banks rarely invest for revenue uplift and customer service. …

Trust, brand and money are different things

For some years there has been a lot of discussion about which brands consumers trust for banking.  Rather than banks, protagonists assert that it’s Apple who could win, as they have the #1 brand with millennials.  Alternatively it could just as easily be a Wal*Mart, Virgin, Google or someone else. For some years, I’ve joined…

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