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Paul Penrose

Head of Research

Finextra

Member since

06 Oct 2006

Location

London

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Will that be cash, plastic or iPhone?

Hip-to-the-moment TechFlash blogger John Cook shows just how easy it is to use your iPhone to buy a grande non-fat mocha in this video shot at the Seattle Columbia Center Starbucks. So why not just use a card? John looks slightly confused by this question, before retorting: "Because its so cool to use an iPhone man to buy your goods." Th...

25 September 2009 /payments /retail Video extravaganza

Sibos 2009 - in words, pictures and videos

The Finextra@Sibos team have returned from Hong Kong exhausted but exhilarated after a week in which we posted: 30 news stories 100 company announcements 108 photos 9 videos Members of the global Finextra@Sibos community were also busy at the show, writing 27 blog posts to provide a unique insider's perspective on this year's exhibition and confe...

22 September 2009 /sibos /wholesale Finextra@Sibos

Prince Obi's Chinese riddle

HSBC is doing its bit for international relations at this year's Sibos in Hong Kong by sending out a handy wallet-sized Cantonese phrase card to all delegates attending the international banking convention. Sadly, this inspired marketing ploy has been let down somewhat by including only two useful phrases, 'Good morning' and 'please/thank you'. The...

03 September 2009 Finextra@Sibos

Gardner joins banking sector brain drain

James Gardner, head of innovation and research at Lloyds Banking Group, is quiting his position to join the UK Government's Department for Work and Pensions. What does this say about the role of innovation in the stricken commercial banking sector? In his BankerVision blog, James plays a straight bat to the obvious question: "Whilst most thin...

24 August 2009 /retail Where are they now?

The news in 147 characters or less

OMG. Twitter down. Hit by DoS attack. Facebook also grinding. Cyber-sabotage suspected. And we can't even tweet the news. World grinds to halt. Not

06 August 2009 /retail /wholesale Finance 2.0

Go-go years catch up on Swift

For a Swift geek like me, the publication of the co-operative’s annual report offers a rare opportunity to gauge the mood of the executive committee and the board ahead of the annual user conference. Often this requires some educated guesswork, reading between the lines and picking up on nuances in tone and emphasis in the opening messages from th...

23 July 2009 /payments /wholesale Finextra@Sibos

One trillion dollars visualised

Mint's online lifestyle mag does its bit to remind us all how deep in the mire we are with the snazzy 'One Trillion Dollars Visualised' animation. In layman's terms, that one trillion dollars would buy you a $3 latte every day for 900 million years. And that's only one-tenth of the current bail-out. Time to wake up and smell the coffee, people.

22 July 2009 /retail /wholesale Video extravaganza

Hey you, get off my cloud

Twitter has suffered an embarassing security lapse after a hacker stole hundreds of confidential documents and released them in the blogosphere. Explaining the break-in, Twitter CEO Biz Stone writes: "About a month ago, an administrative employee here at Twitter was targeted and her personal email account was hacked. From the personal accoun...

16 July 2009 /retail /wholesale Finance 2.0

Goldman fans flames for conspiracy theorists

Goldman Sachs hasn't had the best of press lately. A recent Rolling Stone article went as far as to describe the firm as "a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money". Others have noted that the firm's tentacles spread into every area of government...

10 July 2009 /wholesale Whatever...

Naming and shaming the banks

The UK's Financial Services Authority (FSA) has published proposals that for the first time will 'name and shame' banks with a poor record for handling customer complaints. The proposals would see firms publishing their own complaints data every six months and the watchdog would publish results from the whole sector twice a year. Introducing the ...

10 July 2009 /retail Whatever...

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Paul Penrose

Paul's opinions

Will that be cash, plastic or iPhone?

Sibos 2009 - in words, pictures and videos

Prince Obi's Chinese riddle

Gardner joins banking sector brain drain

The news in 147 characters or less

Go-go years catch up on Swift

One trillion dollars visualised

Hey you, get off my cloud

Goldman fans flames for conspiracy theorists

Naming and shaming the banks

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