Future Banking Blog

At the Center for Future Banking we are actively examining the mobile space and attempting to understand the technical, social and business drivers that will define the mobile payments ecosystem. The announcement a few weeks back within Informa Telecoms and Media’s recent report, Mobile Payments and Banking, caught my eye.
Since the turn of the millennium [...]

One weekend in December I watched several people writing Christmas cards while attending a chess match with my son.  Christmas cards provide an interesting glimpse into identity. Some cards are simple, with their imprinted message and a signed name.  Others have a family picture on the front, with people dressed in holiday style. Other cards get a [...]

With programmed trading exploiting every advance in computing, are we headed for an environment where trades happen so fast that they cannot be stopped, even when something goes wrong, for fear the problems would only get worse?  People make emotional judgments when trading, and may overreact to surges in activity that trend downward - but [...]

As we think about the future of banking, we’ve collected a few favorite quotes about predicting the future – Yogi Berra notes “It’s tough to make predictions, especially about the future.”.  And we all know of wildly inaccurate predictions.  Which makes Peter Steiner’s New Yorker cartoon (with the dog talking about how “On the Internet no one [...]

I was watching a documentary the other night about Ralph Nader called An Unreasonable Man. Despite the fact that Nader was never elected a politician, he has been incredibly effective in implementing policy. Some of his efforts include:

Mandatory seat belts in all vehicles
Airbags
Warning labels on cigarettes
The Clean Air Act
The Freedom of Information Act

Regardless of your [...]