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Banks best customers? Themselves!

Over the weekend, Umair Haque tweeted the following: "I'm going to make you rich. You just have to be my bitch". A must read (esp for non wall streeters). with a link to this article from ProPublica: Banks’ Self-Dealing Super-Charged Financial Crisis The article is pretty shocking.  Here's the opening paragraphs: "Over the last two…

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SIBOS 2010: How do you see the world in 2025?

At SWIFT's SIBOS this year, I'm going to be one of the key business owners of the Innotribe stream focused upon the “Long Now”, a theme I've blogged about several times before. The Long Now is all about thinking for the long term, rather than the short term.  It is about projects that foster long-term…

Bank’s online marketing is critical

After writing a blog entry yesterday that claimed bank’s online marketing is a waste of time, I was surprised that only Ron and Joey pulled me up on this. Reason: the headline is one that, for those who know me, is obviously rubbish. And the headline had little to do with the report that only…

How banks can deal with Gen Y and younger

I was recently interviewd by Ben Leis of Youth Trends Report, and reproduce the discussion here for posterity: Ben Leis: Growing up, learning to save money was simple and fun with things like piggy banks but over time financial education becomes more complicated.  How can the financial education process be improved? Chris Skinner: Parents teach…

Bank’s online marketing is a waste of time

Jeffry Pilcher at the Financial Brand ran an interesting survey this month to see how US banker’s are getting on with online marketing. Most of the banks surveyed were smaller credit unions, although 49 retail banks took part too. 64 of the 154 participants had $1 billion in assets or more, whilst 66 had less…

Marketing activites

After the PSD and SEPA, has anything changed?

Last year, we performed a major survey in anticipation of the implementation of the PSD and SEPA Direct Debits, to see how the world viewed these areas.  This year, we're doing it again.  Click here to take the survey.

Classic Banking Frog Joke

I’ve read the joke before, but it’s nice to hear it delivered with Ozzie class by Kerry O’Keefe (Australian cricket commentator): Oh yes, if you can’t play this track, then click here to read the joke. Anyways, this goes up there with classic cricket commentary moments such as the classic line from the late Brian…

More on why the EU stress tests were questionable

Financier Worldwide recently ran a review of the European stress tests, quoting yours truly a bit.  Therefore, I thought it worth republishing here, and can recommend the magazine if you're not already a subscriber: Tested But Not Tried, Europe’s Banks Deemed To Be Safe Muazzin Mehrban, September 2010 Like their counterparts across the Atlantic, European…

Going cocoa down in armajaro

I’ve had a lot of calls from around the world since being quoted on Radio Four’s Today program regarding one Mr. Anthony Ward, or chocfinger as he’s now nicknamed. This is because the media love a good story and this one’s a doozy. It’s all about a man who knows his chocolate, and he’s no…

Who are the movers and shakers in finance?

A press release landed on my desk the other day with the headline: “Identify the movers and shakers in the financial services industry”. It had been released by a new company called PeerIndex. Who or what is PeerIndex? They describe themselves as: “the first company to provide a realistic individual ranking of social authority across…

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