Card companies are more social than banks

I often talk about how our work-life balance has disappeared and that we now have just a tech-life balance. Social and professional have merged. What was personal is now shared, and things that would usually be private are now public….

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Things worth reading: 25th November 2014

Things we’re reading today include … RBS sorry for ‘incorrect’ evidence Cable’s guru scorns RBS ‘mockery’ of small firms RBS ‘wanted critic’s mortgage back’ James Moore: It’s abundantly clear, Sir Philip: banking’s new leaders are failing James Moore: A not-so-fine…

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Things worth reading: 24th November 2014

Things we’re reading today include … Bank customer locked inside Metro Bank branch for FIVE hours New computer spying bug discovered RBS apologises for misleading Treasury Select Committee Italian bank Intesa eyes UK’s Coutts International: FT Mutuals account for a…

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What is the ‘digital core’ for a bank?

I’ve been talking about banks replacing their legacy mess with a digital core for a while now. Rearchitect your bank by getting rid of spaghetti based systems organised around products and channels to market, and redesign them for digital structures…

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Things worth reading: 21st November 2014

Things we’re reading today include … RBS hit with £56m fine for IT breakdown RBS fined £56m over computer failure VIDEO: ‘This was a really serious failure’ Third Wonga chief fails to last the year Wonga boss quits after five…

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Things worth reading: 20th November 2014

Things we’re reading today include … Coining it in: banking industry culture promotes dishonesty, research finds Biggest bank account bribe ever RBS fined £50m for 2012 computer chaos Jail threat is biggest deterrent for bad bankers, says Bank of England…

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50 shades of grey … hair

I was talking about the component-based model and how it was now moving into component-based regulation, when someone challenged this notion. “Not our regulator”, he said. “Our regulator’s going the other way, and consolidating all regulations under one national system”….

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