26 November 2014

Innovation in Financial Services

Archive for: March, 2009
a non-active Finextra member

Education, Education, Education

26 March 2009  |  2944 views  |  0  |  Recommends 0

There is no question that mistakes have been made in the financial crisis and people rightly or wrongly are suffering the consequences of such actions. Investment firms are attempting to alter practices to ensure that such a disaster doesn’t happen again but what else can be done? The key is education. I am a strong advocate of implementing financ...

TagsCards
a non-active Finextra member

no principles

12 March 2009  |  2856 views  |  2  |  Recommends 0

I suspect the memorable phrase coined today by Hector Sants, CEO of the Financial Services Authority, will long be remembered as a turning point in the debate about regulatory structure. He said "a principles-based approach does not work with participants who have no principles". Go to http://www.ft.com/cms/s/0/2dbf2b7e-0ef8-11de-ba10-00...

TagsRisk & regulationPost-trade & ops
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Dean ProcterTransinteract - Sydney

NFC Just Doesn't Mean Convenience For Consumers

12 March 2009  |  3045 views  |  2  |  Recommends 0

Perhaps the lack of popularity of NFC is due to excessive assumptions regarding NFC and the absence of real benefits overall. The assumption in the article that other methods require more expertise on...

TagsPaymentsRetail banking
Dean ProcterTransinteract - Sydney

Barclays and Orange Team Up For Some Cheap Spin

10 March 2009  |  4101 views  |  0  |  Recommends 0

Hardly mobile transactions. No different than sticking a chip to your shoe and waving your number 10's at the reader. While it is nice cheap spin it really isn't mobile, you need a reader plugged in s...

TagsOnline bankingPayments
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