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Retired Member

Retired Member 

HSBC denies iPhone move

HSBC has denied reports that it is considering ditching the Blackberry and adopting Apple's iPhone as its official corporate mobile device. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters last week that the group is considering rolling out the iPhone to a potential "200,000 people". Bu...

/retail /wholesale

Retired Member

Retired Member 

True Medal Tally - Financial modelling meets sport

OK, enough of the boring medal count from the 2008 Beijing Olympics. Lets get serious. What are the rankings once you take population into account (per capita) and income (Gross Domestic Product or GDP)? This table took a while to produce and offers some fascinating insights. It doesn't update automatically yet (but I'll work on that). Here a...

/wholesale Innovation in Financial Services

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

More details on NAB core banking replacement

After news earlier this month that National Australia Bank had recruited Oracle to manage the roll out of the first phase of a A$1 billion overhaul of its core banking operations, it's not surprising that I-flex, majority owned by Oracle, will be providing the new core banking system. However, The Economic Times in India reported some more detail...

/retail /wholesale Asia Financial Services

Retired Member

Retired Member 

HSBC to ditch BlackBerry for iPhone?

Reports have surfaced that HSBC is considering adopting Apple's iPhone as its "official corporate mobile device" and ditching Research in Motion's Blackberry system. Brenton Hush, chief information officer at HSBC's Australia and New Zealand division, told reporters that the group is considering rolling out the iPhone to a potential &quo...

/retail /wholesale

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

The great ACH sell-off

With Sepa opening up choice of clearing infrastructure for banks in the euro-zone, many banks no longer see ownership of their national domestic infrastructures as necessary. Italy's SIA-SSB has appointed Citi as an advisor, as its major bank shareholders Intesa Sanpaolo and UniCredit look to sell. Atos Origin was recently named in press reports ...

/payments /wholesale SEPA and European Payments

Stanley Epstein

Stanley Epstein Associate at Citadel Advantage Group

WHO IS REALLY TO BLAME?

Why is it that the minute something goes wrong someone or something has to be blamed? It almost seems that as long as a "guilty" party can be found then we have done our duty and can simply forget about the problem ... until the next time. This is currently the case in point in the brouhaha in the United States around the perceived failur...

/regulation /wholesale

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

It's not all doom and gloom for financial technology

While banks might be cutting rates for IT contractors - see Navjeet's blog post from last month, and the Barclays announcement yesterday - it seems quite a few vendors are still doing well. For core banking system vendors in particular, there has been a spate of good financial results. In its quarterly announcement today Temenos net income wa...

/retail /wholesale Finextra50 fintech index

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

e-invoicing - Dwindling workforce as a driver for change

On his blog, Bo Harald outlines 5 of the "mega class" drivers for the business and banking sectors to embrace e-invoicing. Some of them are obvious, though it's great to see them quantified so well -- cost savings, productivity and automation, reduced environmental impact etc. But what struck me as particularly interesting was the figur...

/payments /wholesale SEPA and European Payments

Paul Penrose

Paul Penrose Head of Research at Finextra

Wall Street got drunk

Words of wisdom from President George W Bush on the financial malaise gripping the world economy and the sub-prime mortgage crisis, captured surreptitiously on video at a private event and posted on YouTube. More hilarity - only this time of the genuinely funny kind rather than hysterical - from the Daily Show with Jon Stewart, comparing and cont...

/retail /wholesale Video extravaganza

Paul Penrose

Paul Penrose Head of Research at Finextra

Cityboy: The musical

I fear the exploits of Cityboy at the Glastonbury music fest may have gone to the poor chap's head. The ex-DrKW analyst is back on YouTube promoting his catchy new single 'Cityboy'. All together now: 'I'm just a Cityboy Another lonely pretty boy Columbian exports in my brain I'm off my face again' Burt Bacharach he ain't. Maybe he should have sta...

/wholesale Video extravaganza

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