Posts Tagged ‘Center for Future Banking’

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 [...]

I recently spent the day at MediaLabs to understand how Javelin’s client Bank of America is experimenting to find the next series of financial services breakthroughs, and came away stricken with all the possibilities. While Javelin’s research is all about taking careful aim at a particular problem or opportunity, the MediaLabs approach is something that [...]

The Media Lab is at the forefront of hybrid methods in research, but what we see is a bit strange since it appears on the surface to be similar to product development. The researchers prefer to build first, and ask questions later.  This is deceptive, since it may produce artifacts that appear to be useful. The [...]

I recently had the pleasure of speaking with John Hockenberry and Adaora Udoji on “The Takeaway,” on WNYC radio. It was a great discussion, during which I stepped back for a moment from the here-and-now of the economic crisis and glanced at the sun coming up against some clouds on the horizon.It strikes me that [...]

On April 1, 2008 Bank of America announced a multiyear collaboration with the Massachusetts Institute of Technology’s Media Lab. Located on campus, the new research center is called The Center for Future Banking, and it will serve as an innovation engine to transform banking for social, economic and information environments [...]