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Santa spends $227 billion on technology to manage Christmas

Santa’s workshop boasts a highly-systematic, technologically-advanced, and expensive operation worth over $227-Billion, or so we would imagine in this infographic: The infographic gathers ten already existing, super advanced technologies, that FinancesOnline.com believe Santa would need to use to make the seemingly impossible logistics of Christmas gift-giving a success.   It covers all aspects of Santa’s operations:…

Cyber Santa Claus: Amazon Drones, Supercomputers and Other Cutting-edge Technologies Santa Can Use To Deliver Christmas Gifts

14 predictions for 2013: did they come true?

At the start of the year I made 14 predictions for 2013. Here they are. First, four forecasts for the economic movements of 2013. 1.      The USA is a solid rock  From the Economist I thought the US would be stable this year, but with the stand-off between the Democrats and the Republicans reaching a…

Dow Jones

What role for banks in a sharing economy of social capitalism?

I was struck yesterday, as I presented my themes around Digital Bank at a conference, that there’s one area I’ve discussed for a long time, but not blogged about much in-depth. That is the collision of community with commerce via the sharing economy. The theme starts with the fact that capitalism is not what it…

Santander the winners in account switchers

I blogged a bit already about account switching, and how customer lethargy meant that it wasn’t really happening.  Account switching rules came into force on 16th September, and the new rules mean that it takes just seven days to move accounts and all incoming and outgoing payments have to switch with the account automatically.  If there…

TNS November

Santander the winners in account switchers

I blogged a bit already about account switching, and how customer lethargy meant that it wasn’t really happening.  Account switching rules came into force on 16th September, and the new rules mean that it takes just seven days to move accounts and all incoming and outgoing payments have to switch with the account automatically.  If there…

TNS November

Crowdfunding and P2P lending comes of age

It's almost a decade since the first UK P2P Lender Zopa launched, back in April 2005. Today, I reckon the industry came of age as I received this letter in the post. This was a letter that came out of the blue effectively saying that Funding Circle is offering £200 million of new funding to…

Funding circle

The (Nordic) Future of Trading

We had our first meeting of the Financial Services Club Nordic Region last week at the British Embassy in Stockholm. Attended by around 70 senior figures from the financial markets across the region, we discussed the changes and implications of change in European investment markets, with a focus upon the processes involved in pre- and…

PResentation

“If I had more time, I would have written a shorter regulation”

We were discussing rules and regulations recently, and how the rulebook screws up all meaning and intention of the things they are trying to enforce. It’s not the regulators fault, but the fault of too many cooks spoiling the broth. Take the examples we debated. The US constitution has 4,400 words. It is the oldest and…

“If I had more time, I would have written a shorter regulation”

We were discussing rules and regulations recently, and how the rulebook screws up all meaning and intention of the things they are trying to enforce. It’s not the regulators fault, but the fault of too many cooks spoiling the broth. Take the examples we debated. The US constitution has 4,400 words. It is the oldest and…

Visa note the easiest fraud is to buy a Rolex

We had a very enjoyable and engaging dialogue with Peter Bayley, Executive Director of Fraud Management for Visa Europe at the Financial Services Club London last night. Peter spoke for over an hour in an interactive discussion about the role of Visa in managing fraud, who is accountable for losses, the impact of current and…

Intelligent Money: Our Future Is Where We Do Not Think About Money, As Our Money Thinks For Us

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