There’s a lot of noise out there about Web 2.0 – the key questions come down to “what does it mean to me?” One place to start is how applying some of the Web 2.0 tools can change your daily life, helping make you more productive. In his post Five Things Every Legal Practice Should […]
Sign of the times: who’s getting investor money? A company that runs a marketplace for real-time trading of accounts receivable, enabling small and mid-sized businesses to accelerate their cash flow. via NYTimes DealBook: The Receivables Exchange, a New Orleans company that runs an online marketplace for real-time trading of accounts receivable, has closed a $7.75 […]
[via WIRED magazine] 10 Best Uses for RFID tags: 6// Clubbers At Barcelona’s Baja Beach Club, VIPs are injected with RFIDs linked to debit accounts, making wallets passé.
Today’s Globe and Mail has an interview by its economics reporter, Heather Scoffield, with Harvard Professor Niall Ferguson regarding the current financial crisis. In what is frankly a pretty depressing assessment of the crisis, Ferguson suggests: It is bound to destabilize some countries. It will cause civil wars to break out, that have been dormant. […]
Today at The Huffington Post Tim Berry shares the results of a survey conducted last week to explore the availability of business credit via bank loans, commercial credit, SBA loans, etc. The results are not surprising: there’s precious little credit available. We’ve been reading those headlines and statistics for weeks now. But what struck me […]
In an article titled Maybe This Is Why People Don’t Like Banks?, Broox Peterson writes on his Payments Industry Regulatory Compliance blog about an AP wire story he read this morning: Apparently 30 states have agreements with the largest banks in this country to issue Visa or MasterCard prepaid cards to recipients of unemployment benefits, […]
In honor of the Oscars this evening, a post on banking and the movies. Last week the film The International opened, featuring Clive Owen and Naomi Watts. The film is about evil, murderous bankers – the bad bank in the movie resembles an International sinister organization out of a James Bond plot. As it turns […]
Earlier this month, Stanford Senior Fellow Paul Romer wrote an op ed for the Wall St. Journal titled “Let’s Start Brand New Banks” – writing that “investing the TARP funds in new banks will do more to help the troubled but potentially viable existing banks than giving funds directly to them.” Earlier this week, Charlie […]
Jonathan Jarvis, as part of his thesis work in the Media Design Program at the Art Center College of Design in Pasadena, California, has done a masterful video titled “The Crisis of Credit” that explains the interconnections between housing, mortgages, banks and lenders in a delightful way – even if the subject itself is most […]
These perilous economic times lead all of us outside of our comfort zone, and these thoughts certainly don’t fall directly into my current sphere of expertise as a payments industry consultant. But I did start my business career as a corporate lending officer – trained at Bank of America and Citibank in the late ‘70’s […]
At NetBanker.com Jim Bruene suggests that he’d pay $15 a month for a premium online banking service that included the following features: High-end website and iPhone app Long-term (7+ years) online storage of images, transactions, statements On-demand credit score like Credit Karma Credit bureau alerts when negative items hit Account aggregation with weekly summaries like […]
Today at the monthly San Francisco Treasury Management Association luncheon JoAnne Tillemans, of Avalon International Strategies discussed how recent market gyrations have impacted FX hedging strategies. She shared some war stories and offered guidance to a mixed audience of cash management bankers and corporate treasurers. There was a fair amount of discussion among what is […]
Somehow the issue of how to compensate the management of America’s crippled banks has becoming a more compelling topic than the more fundamental question of how to (or whether to) rescue those banks. Michael Kinsley jumps into the middle of this debate in today’s Washington Post with an article titled “Banking for Dummies”, poignantly […]
This is a topic Chris has been honing recently and it’s all come together in a nice set of slides he presented in Bahrain last week: Banking As A Service View more presentations from Chris Skinner. (tags: 2.0 web) See his post with more elaboration here. Nice job, Chris!
For all who are interested, I’ve posted an article titled “Creating PaymentsViews.com” that walks through the steps I followed to get this new PaymentsViews.com blog “on the air”. We’re using WordPress, Media Temple (hosting) and the excellent Thesis theme by Chris Pearson to drive Payments Views. We’ll be talking more about blogging and other web […]