Archive for January, 2012

I’ve always had mixed feelings regarding handing over my ID to a merchant when paying by credit card. On one hand it’s great that the merchant is attempting to protect its business and you from fraud. On the other hand you are handing over your personal information to a complete stranger. I was shopping last […]

Jan 24th, 2012 | Filed under Retail Banking

The Consumer Financial Protection Bureau (CFPB) is going to examine payday lenders and I think this is a good thing for banks. Approximately 60 million adults reside in these households. The FDIC estimates that 9 million household are unbanked. Another 21 million are underbanked, adding to 30 million households or about a quarter of the […]

Jan 20th, 2012 | Filed under Uncategorized

This week, BMO announced its rollout of Cisco Tandberg desktop video conferencing terminals to 50 of its 1,600 branches in the US and Canada. The terminals are for use by the bank’s financial planners and small business specialists. The idea is simple: more efficiently and effectively deploy SMEs across BMO’s sprawling retail banking geographic footprint. […]

Jan 20th, 2012 | Filed under Banking, Retail Banking

The new year brings lots of questions, planning and decision making. IT spending is tied directly to these elements, and as in past years, we have been receiving a truckload of IT spending questions. After a rocky few years folks are curious as to if the figures are on the uptick in 2012. The short […]

Jan 20th, 2012 | Filed under Banking

I’ve recently agreed to serve as a judge for the 2012 Innotribe Startup Challenge. The event provides an opportunity for FinTech and Financial Service startups and innovators to meet potential investors, customers and partners from financial institutions and FinTech investors. See the bottom of this post for info on how to receive an invite to […]

Jan 13th, 2012 | Filed under Uncategorized

It was interesting to read the European Commission’s Green Paper “Towards an integrated European market for card, internet and mobile payments” published a couple of days ago. My colleague Gareth has already provided some insightful commentary in his blog below, and I wanted to add a few further points. My first reaction was to applaud […]

Jan 13th, 2012 | Filed under Banking, Corporate Banking, Retail Banking

This week the European Commission released its Green Paper “Towards an integrated European market for card, internet and mobile payments”. Strangely the site that lists all green papers doesn’t (yet) have it. For a copy, see this story here. At a high level there is perhaps nothing surprising in the paper, as many of the […]

Jan 13th, 2012 | Filed under Banking, Corporate Banking, Retail Banking

Few global brands have created the equity of Kodak. For decades, Kodak was synonymous with family memories and led the world in intellectual capital related to imaging – in both chemical and digital realms. Kodak is a household name if there ever was one. For example, the colloquialism, “Kodak Moment”, refers to a rare, one […]

Jan 5th, 2012 | Filed under Banking, Retail Banking

Jacob Jegher, Senior Analyst, Celent’s Banking Group This event is free to attend for Celent clients, flex-plan clients, and the media. Non-clients can attend for a fee of $195. If you are unsure of your client status, please contact Steve Nawrocki at 617.262.3128 or Please click here for more information.

Jan 4th, 2012 | Filed under Events

Happy new year! I thought it would be fun to recap 2011 by calling out the top 10 posts on our blog from 2011. The following list is based on total number of unique visits to each of these posts. Some of these are bang on as far as topic interest goes others may be […]

Jan 4th, 2012 | Filed under Corporate Banking, Retail Banking