Over at Information Arbitrage, Roger Ehrenberg has the following reflection on the predicament facing many blue chip companies in the midst of the financial crisis: Does GE really perceive themselves to be AAA if they are motivated to raise money on the terms proposed by Mr. Buffett? Something is grossly wrong with this picture. Either […]
Timely articles at GTNews: Europe's Response to the Market MeltdownSanjima DeZoysa, Editor, gtnewsIn Europe, it's every country for itself as the continent reacts to the credit crunch. Depositor guarantees and state intervention are the key talking points right now, but what does this mean for the future of Europe's banks and financial institutions? Effective Risk […]
A recent round up of payments articles on GTNews features a couple good items on corporate payments:How Corporates Should Tackle the Credit CrunchMalcolm Taylor, AccuityThis article looks at the basic steps corporates can take to simplify their business operations, reduce risk and optimise performance.Today's Cash Management Systems: Meeting Clients' Needs?Mike Vigue, Bottomline Technologies In order […]
Chris Skinner contemplates payments risk and fraud prevention in anticipation of his Oxford Society style debate at the Financial Services Club (London). In preparation, he's posted the text of a speech on risk management. After the debate he'll post more (His post-debate write up is here). For now, here's an excerpt: I would claim that, […]
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] How To Turn Your Online Bill Pay Expense into a Revenue Stream [NACHA Payments] Peter Gordon Partner, eCom Advisors Synopsis from Conference Program For a decade, banks' rapidly increasing expenditures on EBP have been justified on concepts […]
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] Corporate Mobile Banking: Separating Hype from Reality [NACHA Payments] Jacob JegherSenior Analyst, Celent Amy L. JohnsonVice President, Wells Fargo Synopsis from Conference Program Mobile banking is generating a wave of excitement in the North American marketplace. While […]
I was so preoccupied with NACHA Payments 2008 that I almost missed this special report from The Economist on the future of banking. The emphasis is investment banking and the credit crisis, rather than payments, but it is very interesting nonetheless. [excerpt from The Economist, emphasis mine:] Modern finance is under attack. Yet the banking […]
[This is just one of my series of posts from the NACHA Payments 2008 conference in Las Vegas.] International Payments – The Changing Landscape [NACHA Payments] Ralph Dangelmaier President, Americas, ACI Worldwide Debbie Smart CTP Senior Product Consultant, ACI WorldwideJohn A. JayeFirst Vice President, Channel Technology, Bank of America Synopsis from Conference Program International trade […]
by Jim Salters Glenbrook’s Allen Weinberg and Jim Salters are attending this week’s Payments 2008 conference in Las Vegas. Here’s Jim’s report on the day one general session.
SF Federal Reserve President & CEO Janet Yellen addressed the CFA Annual Conference in Vancouver today. Her remarks addressed credit, housing, commodities, and her economic outlook. Excerpt (emphasis mine): Financial Markets and the Credit Crunch […] This benign view [of underlying risks] may well have been linked, in part, to rapid transformations taking place in […]
It's tough being a CFO – the responsibilities are increasing, the work is getting harder, and the personal liability risks have grown – it's no wonder that CFO turnover is up. The average tenure for a CFO is less than three years (down from five years). Both voluntary and forced departures have increased, but voluntary […]
I am live blogging from Finovate Startup in San Francisco. Jim Bruene and his team at NetBanker have gathered 40 startups, rebrandings, and company debuts in online banking and finance. Each participant has a brief 5 minutes to demo their product so I’ll be typing as fast as I can. (Please forgive typos!) AFTERNOON SESSION […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture Panel Discussion Wally Vogel, President, Creditron Mary Hockridge, Executive VP, NetDeposit Brandon […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Keynote: Unlocking the Value of Your Customer DataMalcolm Netburn, Chairman and CEO of CDS […]
[I am in Las Vegas for the TAWPI Payments in Transition conference – these are my notes from one of the sessions. An index of all of the sessions and links to the rest of my notes is here. – EMc] Distributed Capture: Trends, Opportunities & ChallengesDavid Peterson, Executive VP, Goldleaf Financial Solutions [program blurb] […]