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PFM is already out-of-date … we need PFM-squared

I was engaged in a lengthy conversation about mobile finance the other day.  Half way through, it finally hit me why mobile makes such a difference to our lives: it’s real-time. I’ve thought this for a while, but it is becoming more and more obvious why mobile money in real-time changes the game and here’s…

TV

Good news for all banks … except Britain’s

I mentioned that I’d just attended the branding in banking conference this week.  It was organised by the Banker Magazine, and is in its seventh year of operation. The headlines this year are: The UK is the only top 10 country in The Banker / BrandFinance® Banking 500 to see the total value of its…

Top 20

Good news for all banks … except Britain’s

I mentioned that I’d just attended the branding in banking conference this week.  It was organised by the Banker Magazine, and is in its seventh year of operation. The headlines this year are: The UK is the only top 10 country in The Banker / BrandFinance® Banking 500 to see the total value of its…

Top 20

Another day, another outrage – who cares?

Yesterday morning I attended a seminar on bank brands. I’ll blog a bit about that later but there was one part that I found fairly intriguing that had to do with the overall value of bank brands returning to near 2007 highs, including those of the British banks.  Sure, these banks had taken a knock,…

Another day, another outrage – who cares?

Yesterday morning I attended a seminar on bank brands. I’ll blog a bit about that later but there was one part that I found fairly intriguing that had to do with the overall value of bank brands returning to near 2007 highs, including those of the British banks.  Sure, these banks had taken a knock,…

The Chancellor’s speech is one of the worst ever

So George Osborne, the UK Chancellor, made a big speech at JPMorgan’s HQ in Bournemouth yesterday. The speech announced the details of the UK Banking Reform Bill which will implement the recommendations of the Vickers’ Independent Commission on Banking (ICB) for ring fencing, account switching and more. The speech is based upon four foundation principles…

The Chancellor’s speech is one of the worst ever

So George Osborne, the UK Chancellor, made a big speech at JPMorgan’s HQ in Bournemouth yesterday. The speech announced the details of the UK Banking Reform Bill which will implement the recommendations of the Vickers’ Independent Commission on Banking (ICB) for ring fencing, account switching and more. The speech is based upon four foundation principles…

Real-time means now, and don’t you forget it

I just had a dialogue that was disquieting.  I can’t say with whom, but the dialogue was about the impact of real-time on the world of regulation. This person said to me that their regulator ran a COBOL-based system that could not handle real-time because it was batch based. Really, I exclaimed.  It’s the 21st…

Real-time means now, and don’t you forget it

I just had a dialogue that was disquieting.  I can’t say with whom, but the dialogue was about the impact of real-time on the world of regulation. This person said to me that their regulator ran a COBOL-based system that could not handle real-time because it was batch based. Really, I exclaimed.  It’s the 21st…

From bye-bye banks to buy-buy banks

In 2008, we all thought banks were bye, bye, bye.  Five years later, everyone is saying buy, buy, buy.  Or Warren Buffet is anyway.  In an interview with Bloomberg last week, Buffett said: “The banks will not get this country in trouble, I guarantee it.  Our banking system is in the best shape in recent memory….

Lloyds

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