989 Results from 2010
Retired Member
Banking software has been around forever of course, so perhaps you might not find the topic that "sexy", but you may want to take another look at this industry that grows and changes as fast as any market sector out there. I got my start in Financial Services Software while I was working at JPMorgan Chase in the early nineties. I started...
22 March 2010 /payments /regulation
Having recently attended IPS, I can’t help but feel a sense of déjà vu when it comes to SEPA. During one of various Q&A sessions one gentleman stood up and claimed, “I have been out of the industry for 18 months, and yet we still seem to be going over the same things from when I was last here.” I’m glad I’m not the only one. When SEPA was fi...
22 March 2010
Given the diversity and sophistication of banking channels, people may wonder if there is room for further innovation. Now that technology has done its bit, it is time to generate new ideas around banking distribution, such as geo-specificity. Canadian banks have set a great example of how to stay within reach of customers, no matter what. Canada’s...
22 March 2010 /retail
The term "Single-Dealer Platform" (SDP) has become increasingly widely used over the past year as banks have raced to provide direct online trading services to their institutional clients across a range of asset classes. But recently some confusion seems to have arisen over exactly what the term SDP means, and I've seen it used recently a...
19 March 2010
Keith Appleyard IT Consultant at available for hire
Rather belatedly, I just discovered PI Day. Because it was Mother's Day last Sunday it rather obscured the fact that in the USA, Congress has ruled that 14th March is PI Day - because PI to 3 significant figures is 3.14, as in 3/14 (MM/DD format). This means we in the UK missed out on seeing a clever Google logo with circles and stuff (see http://w...
19 March 2010 Whatever...
Stanley Epstein Associate at Citadel Advantage Group
So the FSA is going to beef up on its staff in the oversight of the banks. As I see it, this approached is doomed before it even starts. The regulator, whether it is the FSA or any other, cannot match both the expertise and the innovativeness of the staff in the banks. The reason for this is simple. The regulator cannot compete with the banks in t...
19 March 2010 Innovation in Financial Services
Dirk Kinvig Web Services Manager at Finextra
"In search of Excellence" by Tom Peters is one of the few books that I first read over 15 years ago that I keep revisiting from time to time to glean nuggets of inspiration*. One of the mantras that I've gained from his insights is, "If it ain't broke, fix it anyways". It's a mantra that I've been putting to use since starting...
18 March 2010 Finextra site news
The banking system is not particularly popular with the common man or woman at the moment. Banking is seen as self-serving through the apparent desire to soak up rescue and recovery dollars by the billion, without doing what a majority of the population would like to see: drip feed some of that cash back to the people and small businesses that nee...
18 March 2010 /retail
Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted
Finextra held court for a much viewed Twitterview yesterday with soon-to-be launched US retail bank, banksimple. Once launched, banksimple plan to offer individual deposits to US customers as well as small amounts of credit. There will be no branches and no hidden or complex 'fees' because "Banks can make plenty of money from net interest marg...
18 March 2010 /retail Social Banks
Robert Siciliano Security Analyst at Safr.me
There are few more nuttier earthlings than the Bridezillas. Lovely women who go bonkers within 365 days of a wedding date. I blame the whole thing on Walt Disney. The groom to-be generally wants it over as soon as possible more so because he can’t believe how much it costs. Then the entire wedding industry preys upon the delirious couple and suck...
18 March 2010 /security /regulation
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