24 May 2017

Gary Wright

Archive for: June, 2011
a non-active Finextra member

Retail banks get consumer happy

16 June 2011  |  4089 views  |  0 comments | recommendations Recommends 0

Innovation in the retail banking industry is surely a oxymoron! Never noted for out-of-the-box thinking sleepy bankers have always been very keen to protect what they have and just take the money. Not anymore if EBA Day is to be believed. It's very refreshing that with SEPA finally on the home straight, bankers have been looking to alternative reve...

TagsPaymentsGroupEBAday
a non-active Finextra member

SEPA a rule of convenience

16 June 2011  |  4156 views  |  0 comments | recommendations Recommends 0

SEPA is going to get a firm date at last but where are the sanctions for countries who don't comply? I have said this many times before but rules without a penalty are not worth writing. It's of course the European way to be collaborative and well, just nice, but this is hardly a frightening prospect for great big hairy global bankers. However, le...

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Gary Wright
a non-active Finextra member

Global respect needed for Basel III or it will fail

16 June 2011  |  4102 views  |  0 comments | recommendations Recommends 0

So Basel III looms large but will it be in-step with the rest of the world? We all know that we are now in a global economy and financial services has to come to terms with a rapidly changing world an...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

EBA Day and the road back

16 June 2011  |  3991 views  |  0 comments | recommendations Recommends 0

EBA Day has been quite something this year. It has grown enormously and now rivals SIBOS for quality of speakers, delegates and exhibitors. The concentration of top quality people in the payments spac...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

Call to arms for Basel III

16 June 2011  |  3542 views  |  1 comments | recommendations Recommends 0

Basel III appeared like a dark cloud over sunny Madrid at this excellent EBA Day event. There is plenty of detail that has yet to emerge so discussions and debate is somewhat premature however there w...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

RBS star steals the show

15 June 2011  |  5118 views  |  0 comments | recommendations Recommends 0

Brian Stevenson, Chairman of Global Transaction Services at RBS gave the best presentation of the day at EBA Day. He clearly described the many challenges facing banks in the world today within an eco...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

Hot lady lights up e-invoicing

15 June 2011  |  3274 views  |  1 comments | recommendations Recommends 0

Now e-invoicing is not really a name on anyones lips but at EBA Day we heard that perhaps it should be. The session was not vastly populated but us hardy soul were perked up by the hot lady from Swed ...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

Banks are just protecting not innovating

15 June 2011  |  3033 views  |  0 comments | recommendations Recommends 0

It's really strange to hear so much about competition at EBA Day from organisations that appear scared. SEPA is as much a process of change as it is about change. Banks for years have been expert in s...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

SWIFT not getting it at EBA Day

15 June 2011  |  2733 views  |  1 comments | recommendations Recommends 0

SWIFT have been making lots of noise about getting corporates connected to their network. Sounds good and with SWIFT lite they appear to have a solution which has a cheap user charge for small or medi...

TagsPaymentsGroupEBAday
Gary Wright
a non-active Finextra member

Prepare to repel all borders! Says Captain Jack Sparrow

07 June 2011  |  4513 views  |  1 comments | recommendations Recommends 0

LCH.Clearnet are evidently repelling all borders with a number of unknown organisations (but we can make a very good calculated guess at who they are) pitching to buy the Clearing House. This is a sen...

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