Banks don't need Big Data ... just PFM
Updated: 2012-02-08 11:16:51
Things worth reading: 8th February 2012
Updated: 2012-02-08 07:41:13Only 1 in 10 banks succeed in being a ‘trusted advisor’
Updated: 2012-02-07 09:07:00Things worth reading: 7th February 2012
Updated: 2012-02-07 07:01:16The Backdrop for BROKE: Consumer Debt Then and Now
Updated: 2012-02-06 10:27:00In the introductory chapter of the book, Broke: How Debt Bankrupts the Middle Class, I present some data about consumer debt levels in the United States. As Bob Lawless and others have shown, levels of consumer debt are strongly correlated...What's in a Treasurer's Head?
Updated: 2012-02-06 09:13:00Things worth reading: 6th February 2012
Updated: 2012-02-06 06:43:26The Finanser's Week: 30th January - 5th February 2012
Updated: 2012-02-05 08:51:00Review: What Corporate Mobile Banking Will Really Mean For Your Bank
Updated: 2012-02-03 15:53:19I’m just back from the US where I was presenting at our Corporate Mobile Banking event. Unsurprisingly, given the topic, we had a very high level of interest, resulting in a large number of registrations. We also had a first for me - a gate crasher who had to be ejected! Many thanks to all [...]Things worth reading: 3rd February 2012
Updated: 2012-02-03 08:28:37Things worth reading: 2nd February 2012
Updated: 2012-02-02 06:09:59This bonus rage is just envy
Updated: 2012-02-01 10:00:31Things worth reading: 1st February 2012
Updated: 2012-02-01 07:42:45Private Equity Works on Its Image Problem
Updated: 2012-01-31 15:03:56Bloomberg out with an interesting story about how private equity firms are buying single family homes at foreclosure to rent out. It surprises me that there is real interest in what remains a relatively small scale, highly heterogeneous asset. Previous...Things worth reading: 31st January 2012
Updated: 2012-01-31 08:03:50Things worth reading: 30th January 2012
Updated: 2012-01-30 07:59:42The Finanser's Week: 23rd January - 29th January 2012
Updated: 2012-01-29 08:48:00Vee Haf Vays Uf Making You Pay!
Updated: 2012-01-28 15:41:12Anna Gelpern's Gunboat Diplomacy post pretty much sums out the leaked German term sheet on Greece. I would only note one other thing--the highly idiosyncratic use of "absolute priority." The Germans seem to have taken the language of Chapter 11...How to deal with an insolvent bank
Updated: 2012-01-27 10:11:05Things worth reading: 27th January 2012
Updated: 2012-01-27 07:48:15Break up Bank of America?
Updated: 2012-01-25 23:31:20Steve's title was subtle, so in case anyone missed it, here are the materials on Public Citizen's website. The petition calls on the Federal Reserve and the Financial Stability Oversight Commission to use their authority under Dodd-Frank to break up...When Credit Card ID Checks Go Awry
Updated: 2012-01-24 17:12:42I’ve always had mixed feelings regarding handing over my ID to a merchant when paying by credit card. On one hand it’s great that the merchant is attempting to protect its business and you from fraud. On the other hand you are handing over your personal information to a complete stranger. I was shopping last week [...]When more regulation is good.
Updated: 2012-01-21 02:04:48The Consumer Financial Protection Bureau (CFPB) is going to examine payday lenders and I think this is a good thing for banks. Approximately 60 million adults reside in these households. The FDIC estimates that 9 million household are unbanked. Another 21 million are underbanked, adding to 30 million households or about a quarter of the [...]Videoconferencing in Retail Banking: Is BMO’s move a Harbinger for More to Come?
Updated: 2012-01-20 16:25:31
This week, BMO announced its rollout of Cisco Tandberg desktop video conferencing terminals to 50 of its 1,600 branches in the US and Canada. The terminals are for use by the bank’s financial planners and small business specialists. The idea is simple: more efficiently and effectively deploy SMEs across BMO’s sprawling retail banking geographic footprint. [...]Bank IT Spending and Trends: What Does 2012 Look Like?
Updated: 2012-01-20 14:17:46The new year brings lots of questions, planning and decision making. IT spending is tied directly to these elements, and as in past years, we have been receiving a truckload of IT spending questions. After a rocky few years folks are curious as to if the figures are on the uptick in 2012. The short [...]Applications Open for the $50K Innotribe Startup Challenge
Updated: 2012-01-13 17:50:01I’ve recently agreed to serve as a judge for the 2012 Innotribe Startup Challenge. The event provides an opportunity for FinTech and Financial Service startups and innovators to meet potential investors, customers and partners from financial institutions and FinTech investors. See the bottom of this post for info on how to receive an invite to [...]A Very Green Green Paper?
Updated: 2012-01-13 09:13:14This week the European Commission released its Green Paper “Towards an integrated European market for card, internet and mobile payments”. Strangely the site that lists all green papers doesn’t (yet) have it. For a copy, see this story here. At a high level there is perhaps nothing surprising in the paper, as many of the themes [...]The New EC Green Paper: Missed Opportunities?
Updated: 2012-01-13 00:23:35It was interesting to read the European Commission’s Green Paper “Towards an integrated European market for card, internet and mobile payments” published a couple of days ago. My colleague Gareth has already provided some insightful commentary in his blog below, and I wanted to add a few further points. My first reaction was to applaud the Commission for recognising the [...]