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If the banks vote to abolish cheques without first working through all the relevant scenarios where they are used today, I think they will be performing a huge disservice to the British public. The f...
At the recent NEACH Payments Insights conference it was interesting to find an audience gripped by two strong emotions – excitement and fear. The excitement was about new opportunities in transaction ...
With the pain of the Banking induced recession, the ending of the ‘credit on demand' society, the growing animosity of the banking regulators, and the falling from fashion of the credit card, will its...
Others can't resist gambling, drinking, smoking... There are plenty of vices on earth. But I think gambling is the most vicious. Not necessarily the most dangerous for health, but definitely the most ...
"I believe what we have here is a better deal for the taxpayer," so says Alastair Darling. No it isn't. The best thing for the taxpayer is for these institutions to be nursed back to healt...
Okay, I realize that unless you are a perpetual movie geek like me, you may not remember Sally Field's much maligned Academy Award acceptance speech ( I've happily included a clip so you can view it ...
Sibos was once again a hectic, frenetic week of meetings and eye-opening conversations. Fundtech was fortunate to announce BofA as its first customer for its new SOA payments platform. The explanation...
EUROPEAN COMMISSION - High Level Group of Independent Stakeholders on Administrative Burdens exerpts from OPINION OF THE HIGH LEVEL GROUP "The VAT Directive explicitly allows the use of electroni...
I had an interesting experience in my local bank branch the other day. I went in to withdraw cash (the ATM doesn't dispense £1 coins and £5 notes), only to find that the process had changed - signifi...
I guess it would be easy to say that Mr. Bernanke's recent disclosure that he was a victim of identity theft is yet another example of instant karma, cruel (or deserved) irony, cosmic justice, etc, et...
I found that if you have a goal, that you might not reach it. But if you don't have one, then you are never disappointed. And I gotta tell ya, it feels phenomenal.~ Peter LaFleur Every decade or so, ...
Of course the silver lining had to show up at some point – at our recent US client conference, we surveyed 80 mid-sized US banks and 75% agreed that the credit crunch is presenting real and “unprecede...