Latest opinions that Matt White has shared on Finextra

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Matt White

North America editor

Finextra

Member since

27 Nov 2006

Location

Toronto

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Matt's opinions

Banking with the enemy

Interesting, if not entirely surprising, snippet from the strategic innovations in payments systems panel discussion here at EBAday. Lee Fulmer, currently with IBM, revealed that in his previous life at Hbos he refused to bank with his employer. He didn't like the products offered and so banked with the rival HSBC. Understandably the panellists wh...

01 July 2009 /retail EBAday

When digital natives rule the world

How banks are going to have to adapt their services to keep digital natives - people who have grown up with the Internet and mobile phones - happy was up for discussion at the strategic innovation in payments systems panel at EBAday today. There's no doubt that digital natives expect more from their technology than older immigrants so it's natural ...

01 July 2009 /payments EBAday

How to make Sepa 'prettier' for corporates

So, Sepa is obviously a big deal for the banking delegates here at EBAday but the corporates in attendance are a little less enthusiastic. Andreas Nestler, head of cash and treasury management at Austrian construction giant Strabag is certainly not in any rush to get it implemented. During the panel discussion on the corporate perspective on paymen...

30 June 2009 /payments EBAday

HSBC ATM network falls over

HSBC's UK customers had trouble using ATMs and accessing their accounts online over the weekend. Details are sketchy: we don't know how long the problem lasted, what caused it or how many people were affected. The bank's keeping schtum, telling us no details will be provided until a full investigation is concluded, which should take a couple of wee...

02 June 2009

Telegraph's Twitter Fall fails

Somewhat surprisingly, the rather 'traditional' Daily Telegraph has embraced the hip new thing that is Twitter. So, it decided to add a UK Budget Twitter Fall (live streaming update of tweets) to its site. This means that any tweet containing "#budget" makes it onto the paper's site. I'm sure you'll be shocked to learn that some mischiev...

20 April 2009 Whatever...

Bailed out JP Morgan goes jet shopping

According to ABC News, JP Morgan Chase is going ahead with plans to spend $138 million on two corporate jets and a "luxury" hanger to house them. But, incase you were thinking that seems a bit off in the current climate, don't worry - the purchase of these essential items won't be funded by the $25 billion in TARP money the bank recently...

23 March 2009 Whatever...

AML systems no substitute for ethics

When a bank implements a nice, shiny new AML system, Finextra dutifully reports it. The vendor tells us how wonderful the technology is and how it will stop naughty people behaving badly. The problem, of course, is that if the bank doesn't want to look too carefully at what its customers are doing - and if the regulators don't make it - the techn...

13 March 2009

HSBC pushes ahead with IT integration project

Here at Finextra we've been keeping a close eye on the progress of One HSBC, an ambitious five year programme that aims to migrate the bank's global operations onto a single technology platform. It was good to see chairman Stephan Green recognising the importance of IT standardisation and using the publication of annual results yesterday to reaffi...

03 March 2009

CME distances itself from Obama-bashing reporter

CME Group has just put out a rather strange statement letting us know that it doesn't endorse the views expressed by journalists reporting from its trading floor. Presumably the move comes after CNBC reporter Rick Santelli used the exchange as a platform to embark on a rant lambasting president Obama's mortgage bailout plans. Santelli was cheered ...

25 February 2009

Jack Straw hit by hackers

Justice secretary Jack Straw is plastered all over the papers this morning after it emerged his hotmail account has been hacked by Nigerian scammers. The crims used the account to e-mail hundreds of Straw's contacts - including constituents, Labour party members and council bosses - claiming the MP was stuck in Lagos after losing his wallet. The e...

25 February 2009 /security /retail Whatever...