336 Results from /sibos
Retired Member
This was a very unexpected statement from one of the speakers at the Mobile Keynote at Sibos 2010. Next time you do a presentation, try the following with your audience. Ask how many people have a mobile phone. 100% show of hands. Ask how many people have a smart phone. 50% to 70%. Ask how many people have more than one smart phone. 10% to 15% (mak...
26 October 2010 /sibos
I might not be physically at Sibos, but with social media and the power of the web it doesn’t mean one can’t keep up with the debate, albeit virtually. As I scan through the video recordings on various websites the one that stands out the most for me is Stephen Hester’s (Group CEO, Royal Bank of Scotland) one-on-one interview with Martin Wolf and...
26 October 2010 /regulation /sibos Innovation in Financial Services
It's very interesting to see that Southern Africa plans a SEPA-style payments harmonisation, and that they consider that learning from the experience in Europe could be very useful. Something that immediately springs to mind is to treat self-regulation with caution. In Europe, we are now actively seeking regulatory intervention to set an end date ...
26 October 2010 /payments /sibos
This week we have witnessed the financial services industry head in droves to Amsterdam for the annual Sibos event. This year, I expect that there will be three key themes shaping the event: Regulation, Rebuilding Trust and Recovery. The aftermath of the financial crisis brought in a cost savings and optimisation era and payments systems have also ...
26 October 2010 /sibos /retail Innovation in Financial Services
Swift’s message yesterday morning at the Innovation opening keynote was clear. This week all our problems will be solved. They were referring to banking and IT problems of course, otherwise we’d be here a bit longer. Cloud computing, mobile and smart data are the main topics but through The Long Now initiative, topics such as sustainability are al...
Over the last couple of weeks, we have been running a short poll on the ACI website to ask peoples’ views on payment systems in advance of Sibos, and the results are now in. We asked respondents what is the most crucial element of a payments system, and interestingly only three percent identified the ability to generate revenue, and six percent poi...
As the the first day of Sibos draws to a close and it’s time for delegates and exhibitors to pack their bags and head off for the sights and sounds of Amsterdam. But, before my hard working colleagues on the SunGard booth go off and we don’t see them again until 08:00am Tuesday morning, we have time to reflect on the day’s discussions. With more th...
25 October 2010 /sibos /retail Innovation in Financial Services
It's Monday morning and everything is really getting started. Every last t has been crossed and i dotted. With that in mind, there is just time to take a look at the third and final theme that delegates will be discussing in Amsterdam - recovery - and how payments can play their role in achieving this. The economic crisis that started in 2007 and ...
25 October 2010 /payments /sibos Finextra@Sibos
The President’s Working Group on Financial Reform issued an unusually inconclusive report on Money Market Mutual Funds. Published thirteen months after it was originally expected, the report simply encourages the newly formed Financial Services Oversight Committee to take up the matter. Treasury Strategies partner, Anthony J. Carfang, notes that
22 October 2010 /payments /sibos Financial Services Regulation
In yesterday’s blog, I focused on what regulation means for the payments industry. This time it is another of the key themes being discussed at Sibos that takes the focus: rebuilding trust. The breakdown of confidence in the wholesale banking market has created a significant customer funding gap in many countries. While banks look to lower costs, t...
22 October 2010 /payments /sibos Finextra@Sibos
Welcome to Finextra. We use cookies to help us to deliver our services. You may change your preferences at our Cookie Centre.
Please read our Privacy Policy.