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Peer-to-peer banking - Trends in the Living Networks

Trends in the Living Networks

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.

Banking 83
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Sell-side banks become consultants - Trends in the Living Networks

Trends in the Living Networks

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.

Banking 60
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Lloyds TSB pilots social media - Trends in the Living Networks

Trends in the Living Networks

» 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.

Media 60
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How to make Facebook secure for organizational use: no more excuses! - Trends in the Living Networks

Trends in the Living Networks

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.

Trends 60
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Network Roundtable: Building Collaborative Teams - Trends in the Living Networks

Trends in the Living Networks

Interestingly, they found no correlation between incentive schemes to support collboration and actual collaborative behaviors. Free chapters) Implementing Enterprise 2.0 m Kaya wrote:Thank you Ross for the great articl.[ more ] ABC TV interview: The future of direct selling (1) James wrote:Ross,I have followed your work fo.[

Network 68
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Breaking down silos and building networks in financial services - Trends in the Living Networks

Trends in the Living Networks

Investment banking and corporate law in particular are full of people who are extremely talented, but not necessarily highly likeable. Clients are already getting tired of dealing with highly siloed banks, and are responding by allocating their business to different firms. While most laughed in acknowledgement, a few seemed put out.

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Prepaid mobile airtime becomes currency in Africa – what happened to e-cash? - Trends in the Living Networks

Trends in the Living Networks

As a result, mobile banking and a vast array of mobile services are taking off fast. The majority of services in Africa are shifting to mobile phone interfaces, as close to a majority of people now have mobile phones – these are no longer luxuries for most people – while there are few other interfaces available for commerce.

Mobile 60