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The Budget Boogie 5 Apr 2011 | 03:33 am
As I sat listening to George Osborne’s Budget the other week I was wondering what major impact, if any, it might have on the banking sector and, of course, on the price of the pint in my hand that lun...
Counting the cost 4 Mar 2011 | 05:50 am
Global payments revenues fell at a compound annual rate of 7% from year end 2008 through 2010, according to US-based management consultancy Boston Consulting Group’s 10th annual payments survey, Globa...
Visa Europe head declares cash the enemy 25 Feb 2011 | 06:18 am
“Cash is my competitor. I get pleasure from seeing the amounts of cash used going down and I don’t like to see customers using our cards to visit ATMs.” So said Peter Ayliffe, chief executive of Visa ...
Innovate, don't suffocate 25 Feb 2011 | 06:02 am
The reporting season is underway, with Barclays going first this year announcing record profits of £11.6bn for 2009 and the traditional claims and counterclaims can be heard. The ‘silly season’ at new...
Do believe the hype: the mobile channel is rising 29 Jan 2011 | 06:00 am
I was travelling into the office today listening to my iPod on shuffle and marvelling at how scratchy and lo-fi Public Enemy’s Don’t Believe the Hype sounds these days, when I started playing with the...
Banking Tech and Logica's SEPA end dates roundtable tomorrow 14 Dec 2010 | 02:44 am
I’m looking forward to the Banking Technology Roundtable tomorrow, sponsored by Logica, on the SEPA end dates debate and future strategies for the Single Euro Payments Area. Will the controversial en...
Dodd-Frank — The Hired Lobbyist Guns Will be Blazing 15 Nov 2010 | 03:35 pm
Commissioners of the Commodity Trading Futures Commission (CFTC) which has regulatory over the commodities markets and now, since Dodd-Frank, over derivatives, said the elections didn’t change much. A...
What Bankers Do, Not What They Say — FT 15 Nov 2010 | 03:33 pm
The FT’s Michael Skapinker responded to a letter from 17 leading City of London figures saying: “It is essential to restate and affirm the social purpose of financial institutions … Through work we al...
U.S. Bank Foreclosure Fraud in Action 15 Nov 2010 | 02:15 pm
What does this look like on the ground? Matt Taibbi of Rolling Stone went to Florida to find out. The article is available online and will appear in the 25 November issue of Rolling Stone. “When I w...
US Elections Changed Politics but not Dodd-Frank 6 Nov 2010 | 06:09 am
The November 2 elections in the U.S. brought the greatest change in national politics since the 1940s, according to Peter Hart, a national pollster often affiliated with the Democratic Party. From coa...
