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Stanley Epstein

Stanley Epstein - Citadel Advantage Ltd - Modiin | 03/05/2012 | 2282 views | 1 comment

Why has SWIFT become so SLOW?

The dictionary defines the word SWIFT as “coming, happening, or performed quickly or without delay”. I suspect that the founders of SWIFT had this thought in mind when they came up with the full name of this new interbank messaging service way back in 1973. After all, the full name (of which SWIFT is the acronym) is the Society for Worl... Tags: Payments

Stanley Epstein - Citadel Advantage Ltd - Modiin | 29/04/2012 | 1486 views | 1 comment

How do we put banking back into banks?

I spend a good part of my working day reading – about banks and banking. It is part of what I do; and the reading part is the way that I try to keep up-to-date with current developments across the globe. What has come up persistently over the past decade in all that is written about banks and banking is one simple fact. No one seems to know ...

Stanley Epstein - Citadel Advantage Ltd - Modiin | 15/10/2011 | 2173 views | 1 comment

Cutting costs. They just don't get it.

So RBS is cutting costs. Pretty drastic stuff especially when it comes to staff expenses. Chris Kyle’s internal e-mail spells it out in detail – see http://www.bbc.co.uk/news/business-15317024 There are certainly going to be a lot of unhappy staffers around. Apart from the usual “victims” such as a freeze on hardware an...

Stanley Epstein - Citadel Advantage Ltd - Modiin | 27/05/2011 | 3233 views | 2 comments

Is technology killing the e-mail?

Normal 0 false false false MicrosoftInternetExplorer4 Once upon a time e-mail was a simple uncomplicated affair. It was a fantastic tool for sending out and receiving communications in "almost real-time". We put up with those slow 64k dial-up modems. After all, this was state of the art hi-tech. Even with these delays this

Stanley Epstein - Citadel Advantage Ltd - Modiin | 31/07/2010 | 4893 views | 1 comment

Is Mobile Banking a disaster waiting to happen?

The news this past week has been all about a Citibank mobile banking glitch. Apparently a flaw in a version of its iPhone m-banking application resulted in it improperly storing customer account information. Now this is something that could happen to anyone, you will say. But should it?The past year has seen an explosion of new banking services an... Tags: Online banking, PaymentsGroup: Innovation in Financial Services