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Stanley Epstein

Why I am worried about the future of mobile payments

Developments in the mobile payments world have really got me worried. I come across an ever increasing account of different banks and technology companies coming to market each with their own variatio...

02 Mar 2015
Innovation in Financial Services
Stanley Epstein

Why has SWIFT become so SLOW?

The dictionary defines the word SWIFT as “coming, happening, or performed quickly or without delay”. I suspect that the founders of SWIFT had this thought in mind when they came up with the full name ...

03 May 2012
Stanley Epstein

Is Mobile Banking a disaster waiting to happen?

The news this past week has been all about a Citibank mobile banking glitch. Apparently a flaw in a version of its iPhone m-banking application resulted in it improperly storing customer account infor...

31 Jul 2010
Innovation in Financial Services
Stanley Epstein

The Cheque is More than a Payments Instrument

So the venerable old cheque has been singled out and "tapped" for termination - in the UK at least. Of course, in the new world of electronic payments and instantaneous communications, the d...

24 Nov 2009
Stanley Epstein

Are We Heading Into Chaos - Again?

This is the time of year when the financial services industry, or at least the "techie" element heads off to some exotic venue for the annual SWIFT jamboree. SWIFT as we all know is the glob...

12 Sep 2009
Stanley Epstein

You gotta be kidding!

I generally find the subject of banking, risk management, payments and so on to be pretty serious stuff. After all I have spent my entire career dealing with the various aspects of all of this. I mu...

12 Jul 2009
Innovation in Financial Services
Stanley Epstein

Business versus Technology

It never ceases to amaze me that in the world of banking two different worlds can seemingly co-exist side by side, each oblivious of the other. There are many examples of this, such as "sound ris...

03 Jul 2009
Innovation in Financial Services
Stanley Epstein

Shame on you!

There has been news in recent weeks in the press that the banks continue to wield undue influence, aimed at protecting their powers. This time the news comes from Kenya and it's all about M-PESA. Fo...

15 Jan 2009
Stanley Epstein

Let the innovators innovate!

If you really want to boost the EU's economic fortunes, improve its competitiveness and facilitate its progressive adaptation to the digital age then you need less regulation, not more. And the best ...

04 Sep 2008
Innovation in Financial Services
Stanley Epstein

Is this a disaster in the making?

If the Misys data are correct we are sitting atop a volcano that is just about to blow! Firstly forty one percent of failed cross-border transactions is appalling! This means that almost every second ...

04 Sep 2008
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