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Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

What are banks for?

I had an interesting week last week. Not all of which was 'on the record' so to speak - Chatham House Rule and all that jazz. But I believe I can give ya’ll the gist of it. It started out with bankers confused about the future of banking. Then round the middle was a dinner with some investment banking folks entering the seventh stage of grief for t...

/payments Disruption in Retail Banking

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Disruption Rocks! There are loads of jobs in ... Warrington

So, the UK has woken up to, yet another, casualty on its high street. While the US is still sobbing into their glucose monitors at the loss of Twinkies, the UK is waving goodbye to suburban town centre identikit stalwarts such as camera retailer Jessops and CD dispenser HMV. (Thank God for Starbucks and William Hill or I'd never be able to find my...

/retail Finance 2.0

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Adventures in cash...less?

In New York, in the early 1990s, there was a spate of serial robberies where muggers specifically targeted young Puerto Rican bus boys walking home late at night (or early morning) after a shift at a restaurant. Why, you ask? Why did the Gotham thieves target bus boys - as opposed to mailmen or trash collectors or late night revellers or any other ...

/payments Finance 2.0

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

The future is LEGO!

This post was originally called Atheists versus Evangelicals...then I walked away from it. Then I toyed with the idea of 'Battlefield Payments'...but what I really wanted to talk about was more than payments and I'm really not that big a John Travolta fan anymore. Then two (well, really three) things happened at Sibos in Osaka this year. (Yes, I ...

/payments /sibos Finance 2.0

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Trust me, I'm a Banker

My husband's copy of British *adult* comic magazine Viz landed on our doorstep this weekend. (Whatcha gonna do? - at least he's not into football) In it is a wonderful two-page spread called 'Bankers! True-Life Heroes of our World' (Next week Somali Pirates) (I'd show you the comic but 1. copyright issues yadda yadda yadda and 2. while we are not a...

/regulation Whatever...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Mo Money, Mo Problems

Does anyone remember the scene from season five of The Wire, when Proposition Joe starts laundering the money from the New Day Co-op drug cartel in an off-shore bank in Antilles? (If not, get the box set – we’ll talk in a few weeks). Well, new cartel member, Marlo Standfield keeps asking Prop Joe where his money is; so Joe shows him a bank statemen...

/payments /retail Finance 2.0

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Be a person...even if you ARE a bank

I'm been thinking a lot about our fair Natalie lately. One thing you hear about, frequently, is that banks are hesitant to engage with social media because 'why would we open ourselves up to abuse from the public?' Some may see the fate of NewCastle, UK resident Natalie Westerman - whose unfortunate Twitter ID was @natwest - as evidence that it is ...

/regulation /retail Social Banks

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Where can I find the 'wisdom' in crowds?

Late last month I was invited to the Friday night kick off for Seedcamp's Seedhack financial technology 'hack-a-thon' event held at the Google-run UK Campus, recently launched in London. When you go to as many conferences and listen to the gilded prose of many a social media 'expert' as I do, you hear some of the same stock phrases repeated over an...

/payments /retail Social Banks

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Muppets vs Goldman Sachs

It's not often I get to link to Funny or Die on Finextra (well never), but here is Goldman Sachs versus the Anti-Muppet Defamation League.

/regulation Whatever...

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Banking lets all the 'fun fashionable' stuff happen

OK, so some of you may know I spoke at SXSW in Austin, Texas on Monday. But before I get into the gist of what I talked about - I attended three panels - all looking at various angles on the theme of money. Taming the market in your pocket Credit Coins Cash: Social currency and Finance 2.0 The Future of Money As you can guess, most of the panels...

/payments /retail Finance 2.0

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