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Finance

Finance category posts from Boardmad.xyz

What is the worst thing a bank can do?

Banks are trusted guardians of our money. As long as our money is safe, then we trust them. It’s when our money is breached or lost that banks misbehave, which is why the 2008 financial crisis was so concerning. The… Continue Reading →

Why techies laugh at finansers and vice versa

There’s a quote I’ve stolen off John Oliver that bitcoin combines everything you don’t understand about finance with everything you don’t understand about technology. It’s a great line, and considering banking and technology are probably some of the most complicated… Continue Reading →

The bank’s view of Open Banking

Another conversation about Open Banking, and an interesting point was raised by one bank. They said that they had been mapping financial moments – getting married, buying a house, having a baby, crashing your car, etc – and had started… Continue Reading →

Things worth reading: 24th April 2018

Things we’re reading today include … Larry Summers just obliterated the Fed’s bank stress tests with a single sentence TSB could face fine for system outage and potential data breach Australia has been conned by financial regulators. And now we’ll… Continue Reading →

Digital smartphone banking is used by 97% of Asia’s developed market consumers

Over the weekend, I received a couple of interesting emails about things happening in Asia. The first is a translation of an announcement from the People’s Daily, the most official newspaper of the Chinese Communist Party, discussing digital currencies. The… Continue Reading →

Things worth reading: 23rd April 2018

Things we’re reading today include … Zelle, the Banks’ Answer to Venmo, Proves Vulnerable to Fraud Bank of England ‘dangerously ill-equipped’ for next recession, says IPPR Barclays boss Jes Staley faces £1m hit after hunt for whistleblower Mifid II rules… Continue Reading →

The Finanser’s Week: 16th April 2018 – 22nd April 2018

The main blog headlines are … Digital banking? Isn’t that just an app? I meet a lot of senior executive teams of large banks. Some are visionary, many are committed and a large number understand that life is changing. Few… Continue Reading →

What does crusty old bread, jumping off a cliff and King Canute have to do with financial services?

I get invited to lots of different events from speaking and moderating conferences to joining via Skype or WebEx to running webinars and tweetups. I had one of those the other day with Oracle, and they kindly wrote a summary… Continue Reading →

Things worth reading: 19th April 2018

Things we’re reading today include … Why India’s Paytm isn’t afraid of WhatsApp Commonwealth Bank charged fees to dead clients, royal commission hears TransferWise becomes first non-bank to join BoE payment system Deutsche Bank’s chief operating officer leaves amid raft… Continue Reading →

Lloyds and JPMorgan: a tale of two strategies

It’s interesting looking at banks’ strategic updates and how integral digital is to everything in the banks now. Now I don’t have time to read all of these updates and reviews, but two did catch my eye recently: Lloyds Banking… Continue Reading →

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