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Paul Penrose

Paul Penrose Head of Research at Finextra

The gospel according to Martin Lukes

Praise be! The FT has resurrected Martin Lukes, the deluded and corrupt former chief of fictional company a-b global, who disappeared from view some years back after being convicted of insider trading. In tune with modern social media trends, Lukes - who declares himself "480% innocent" of the charge - now has his own blog, wirtten from ...

/retail /wholesale Whatever...

Paul Penrose

Paul Penrose Head of Research at Finextra

PayPal leaves banking industry in its wake

This comes direct from a PayPal press release, announcing that more than a dozen developers have created a new generation of applications built with the PayPal X global payments platform. Here's a sample from the early movers: Sun Microsystems, Inc. (NASDAQ: JAVA) worked with PayPal to support application payments in the Java Store Beta and enhan...

/payments /retail Finance 2.0

Paul Penrose

Paul Penrose Head of Research at Finextra

Finextra Community sets up Twitter A-list

Micro-blogging site Twitter has begun rolling out its new list-building feature which enables users to curate themed lists of Twitter accounts. For example, you could create a list of celebrity accounts or choose to follow a narrower list of friends, co-workers or business contacts. We've been dabbling with the facility this afternoon and have cre...

/retail /wholesale Finance 2.0

Paul Penrose

Paul Penrose Head of Research at Finextra

Crunch - the game for utter bankers

We missed this first time around, but it should definitely be on the Christmas shopping list for all self-respecting Finextra Community members. Crunch - the game for utter bankers is a devious card game that places you at the head of the boardroom as a CEO of a global bank juggling the conflicting demands of your ailing bank and your future retir...

/retail /wholesale Whatever...

Paul Penrose

Paul Penrose Head of Research at Finextra

Bloomberg help desk saves balloon boy

A heart-warming story currently doing the rounds in financial circles. A trader at Natixis Bleichroeder Capital Management was apparently so distraught at the unfolding boy-in-the-balloon saga that he called the Bloomberg help desk to vent his feelings. The exchange was first posted by Chris Rovzar of the daily Intel, who says the desk jockey in q...

/wholesale Whatever...

Paul Penrose

Paul Penrose Head of Research at Finextra

Twitter and the High Frequency Trader

Rumours that Twitter is in advanced talks with Google and Microsoft about striking data mining deals has resurrected speculation about the use of the microblogging site as a high frequency trading tool. Citing sources familiar with the situation, Allthingsdgital blogger Kara Swisher says Silicon Valley's hottest start-up is deep in discussion abou...

/wholesale Finance 2.0

Paul Penrose

Paul Penrose Head of Research at Finextra

High Performace Trading on steroids

Feargal O'Sullivan, managing director of high performance messaging at Nyse Technologies shows off the pre-release Nehalem-EX Processor running a Nyse trading simulation at the Intel Developers Forum 2009. In the demo, O'Sullivan describes how Nyse simplified the hardware from many servers and interconnects to a single 4-CPU Platform based on the ...

Video extravaganza

Paul Penrose

Paul Penrose Head of Research at Finextra

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...

/payments /retail Video extravaganza

Paul Penrose

Paul Penrose Head of Research at Finextra

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...

/sibos /wholesale Finextra@Sibos

Paul Penrose

Paul Penrose Head of Research at Finextra

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...

Finextra@Sibos

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