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4 Results from 2013

Colin Weir

Colin Weir CEO at Moroku

Crisis the catalyst for innovation

We are certainly faced with some of the greatest problems of our time; the disparity between wealth and poverty, the scarcity of resources, the economic system and the security of our food supply. These challenges exist at an individual, family as well at a global and society level. What strikes me during a recent podcast from Gregg Braden is how ...

/regulation

Colin Weir

Colin Weir CEO at Moroku

Mobile Money gets Groked

What a fabulous week I have just had in Kenya. Home to many things, it is the current home of mobile money. Ask any Kenyan what mobile money is and how useful it is and you will get a very clear answer. If you asked the same question in the CBD of London or Sydney and you will struggle to get answers as accurate and consistent. There are plenty of...

/payments

Colin Weir

Colin Weir CEO at Moroku

Competing by being grounded in purpose

There is no doubting that a bank's commercial enterprise, like any business is to make money and provide returns for shareholders. At the heart of the value proposition is the removal of risk involved in money and its exchange, whether at a retail, business or market level. All of this is fairly standard and has been in force since banks began. Ye...

/retail

Colin Weir

Colin Weir CEO at Moroku

The Present Bias of Banking

Present Bias refers to the innate human nature to value the short term over the long term. The behaviour is acutely evident in addictions where the value of say smoking a cigarette to overcome the immediate withdrawal effects is valued more than the long term health benefits of not smoking the cigarette. Such bias towards the short term is evident...

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