Vox
SEPTEMBER 11, 2020
With cellphones in widespread use, getting everyone access to banking is within reach. She needs cash before she heads to the market, but the nearest bank would be several days’ walk. Welcome to the world of mobile money banking. In much of the world, people don’t live near banks or have bank accounts.
Phil Windley
MAY 30, 2022
I started blogging in May 2002 , twenty years ago today. Later, I moved to MovableType and then, like many developers who blog, wrote my own blogging system. But my life and bank account are richer because I blog. I often think "Oh, I get this" and then go to write it down and find all kinds of holes in my understanding.
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Trends in the Living Networks
FEBRUARY 13, 2006
The principle is simple – you lend to individuals at interest rates based on their credit rating, and since you’re cutting out the bank as middleman, both lender and depositer get more attractive interest rates than they can get commercially. Banks are the archetypical intermediary, in this case between depositers and lenders.
Trends in the Living Networks
DECEMBER 13, 2010
In my 2002 book Living Networks , the final chapter was on the future of a networked world. The full text of my 2002 prediction on transparency from Living Networks is here, with the full book chapter embedded at the bottom of the post. The inevitability of a transparent world has long shaped my thinking about the future.
Trends in the Living Networks
OCTOBER 26, 2005
As such, the emerging domain of algorithmic trading – which largely automates trade execution – is in fact providing new ways for investment banks to create high-value relationships with the clients. However even greater value can be created by adding explicit value to clients’ decision-making processes.
Trends in the Living Networks
FEBRUARY 26, 2008
» Lloyds TSB pilots social media Ross Dawson, February 26, 2008 7:30 PM US PT James Gardner, head of innovation at Lloyds TSB, writes consistently on his blog Bankervision , disclosing some of the key issues involved in innovating in a major bank. Some excerpts from his below show how blogging can change how corporations work.
Trends in the Living Networks
DECEMBER 19, 2007
For now it is being trialled in three large institutions, including a global retail bank with 70,000 staff that had received loud complaints from staff when it banned Facebook, and an investment bank that tried to implement an in-house social network based on Sharepoint that its employees didn’t use. So the excuses are running out.
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