Do believe the hype: the mobile channel is rising

I was travelling into the office today listening to my iPod on shuffle and marvelling at how scratchy and lo-fi Public Enemy’s Don’t Believe the Hype sounds these days, when I started playing with the device in my hands. Having been an initial sceptic about the iPod and asserting it was ‘just another walkman fad’ [...]

Unromantics Unite for an UN-conference on Banking Innovation – 14 Feb.

OK, the tech visionaries who want to talk about innovation in banking probably don’t have a social life anyway, so here’s an event for them – BarCampBank, which promotes itself as the Unconference group is holding a full day confernce on Saturday 14 February at Sun’s offices in London. “If you are an innovator, a [...]

Center for Future Banking — MIT and Bank of America

Thanks to James Gardner at BankerVision for pointing the way to a fascinating new program — The Center for Future Banking. A five-year collaboration between MIT and Bank of America, it brings together bankers and academics to think about the future, conduct seminars, and most recently, run an intelligent and easy to read blog about [...]

Wells Fargo — Was the Check in the Mail?

Wells Fargo can’t find the checks from mortgage holders, and a judge finds that a problem … Noting that Wells was a big backer of a law change that allows banks to stop returning canceled checks, The NY Times’ Gretchen Morgenson shows what can happen. The bank lost track of payments with the result that [...]