Latest opinions that Paul Penrose has shared on Finextra

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Paul Penrose

Head of Research

Finextra

Member since

06 Oct 2006

Location

London

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Paul's opinions

PNC patents the environment

Watch out banking eco-warriors, PNC Financial Services in the US has patented the term 'Green Branch', with reference to its network of 40 environmentally-friendly bank branches across six states. The Pittsburgh-based bank claims to have more certified, environmentally-friendly buildings than any other company on earth. "Consumers want to do ...

13 November 2007 /retail Going green

Idiot guy at Alphaville

Fame at last for one-time fintech journo Paul Murphy, following a brief cameo appearance as 'idiot guy at Alphaville' in the Martin Luke’s column in today’s FT. Old lags will remember Paul as the dishevelled Columbo-styled investigative reporter who covered the fintech beat for the Banker back in the late 1980s. He was also the man behind the scu...

08 November 2007 /retail /wholesale Where are they now?

The future of global financial markets

Panelists in the exchange consolidation session at Finextra’s Fintech M&A event in London on Tuesday were asked to look ten years into the future and hazard a guess at the likely winners in the global exchange race. Lee Olesky, president of Thomson TradeWeb cast his vote in favour of a new entrant – a Google or Facebook for the financial servi...

02 November 2007 /retail /wholesale Finextra50 fintech index

The Finexpo chronicles

Registration has opened for Finexpo, Finextra’s sixth annual capital markets exhibition and conference, which takes place at The Brewery in London on Wednesday 30 January. Finexpo runs three simultaneous conference streams focussing on front office, back office and technology issues for capital markets participants.The conference programme is sup...

01 November 2007 /wholesale Finexpo

Will the real Damian McMeekin please stand up

Catch this hilarious video of Damian McMeekin, ANZ's global head of security having his identity stolen by ABC TV's Julian Morrow at the annual Combatting Identity Fraud summit in Australia earlier this month. As McMeekin is called to give his presentation a wigged-out Morrow beats him to the lectern and starts lecturing the audience on the peril...

25 October 2007 /security /retail Video extravaganza

Making innovation pay

McKinsey assessed the IT strategies of ten leading global corporations to understand how they invest in innovation while running their core IT operations efficiently. The consultancy found that they typically define their IT investments across three criteria - as low risk (“stay in the race” projects to improve basic services), medium risk (“win t...

25 October 2007 /retail /wholesale Trends in Financial Services

The mobile wallet generation

Young people are almost as dependent on their mobile phones as they are on cash, according to new research commissioned by UK ATM network Link. The poll, conducted by YouGov among 2000 adults found that 18-24 year olds ranked cash and mobile access as 'basic necessities'. The survey results also showed that young adults would be more willing to go ...

17 October 2007 /payments /retail Trends in Financial Services

Behold Sex Panther

I was sent an e-mail today with the cryptic subject line: Behold sex panther! What could it all mean? Probably a reference to some dodgy video porno site or compromised Web server, I thought. So, naturally, I clicked on the link…and was instantly transported back to the Sibos party at the Boston Convention centre, when six young men with boy b...

11 October 2007 Video extravaganza

Tim Jones' pension plan

The UK Government has announced the appointment of Tim Jones as chief executive of the Personal Accounts Delivery Authority Jones, a former chief executive of retail banking at NatWest and the man behind the Mondex e-cash scheme, will be charged with setting up a trust-based occupational scheme by 2012. The last we heard, Jones had just taken up t...

09 October 2007 /payments /retail Where are they now?

Verified by Visa is easy target for scammers

Bank of America customers are the targets of a new phishing scam which uses the Verified by Visa anti-fraud programme as the bait to lure victims. “Your Bank of America card has been automatically enrolled in the Verified by Visa program,” one version of the email says. “To ensure your Visa card's security, it is important that you protect your ...

26 September 2007 /security Trends in Financial Services