Transaction Banking

A community for discussing technology trends, views and perspective in global transaction banking

Retired Member 

Never Mind Tax Cuts, Save Up for the Coming Bail-Outs

Before we get too carried away with the prospect of (unfunded) tax cuts, perhaps the government should be keeping back some of their non-existent funds to bail out other industries. After setting a precedent by promising (but not yet delivering) shed loads of cash to bail out the banks, how will it react to the inevitable clamour for similar supp...

17 November 2008 /retail

Retired Member 

Does Credit Scoring Really Serve Us Well Anymore?

One of the processes that needs to be examined, as the world's authorities work out how to change the financial infrastructure for the better, is the process of automated and remote credit scoring and the role it plays in the overall credit decision. I think there's a case for either restricting its use to certain loan types, or at the least redu...

07 November 2008 /regulation /retail

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Next step - e-invoicing

It is evident - paper invoices will disappear from the business to business and business to government sectors and then later in practise also in the business to consumer/government to citizen area. The 5 mega-class reasons are exceptionally powerful and clear to see. Everyone will benefit - especially the consumers and tax payers. It is only a q...

05 November 2008 /payments

Retired Member 

Mega Savings Equals Mega Job Losses

It's an interesting dilemma for an organisation like LloydsTSB. They need to be quite bullish about the benefits to be derived from the takeover of HBOS (if they are to convince people to support it) whilst trying to minimise the PR damage that will result from owning up to large job losses. On the other hand, how can those trying to decide on th...

05 November 2008 /retail

Retired Member 

Time For Shareholders To Assert Themselves

The opportunity exists in the next 3 months for a significant shift in power in the corporate world. Shareholders large and small have a unique opportunity to exercise a degree of control over the companies they - not the management - own, especially with regard to four of the UK's largest banks. I think they should collectively send a series of ...

04 November 2008 /retail

Retired Member 

Rise of the No.2; Did they try harder?

Remember the legendary tag line from Avis - 'We try harder'. This gave words to the might of the No.2. Is the credit crunch reversing the league tables in global banking? Consider this - - Till about 2006 JPMC's market cap was 60% of Citi's. It is the other way round today. - RBS outbid Barclays to acquire ABN Amro late last year. Last week RBS had...

17 October 2008

Retired Member 

Outsourcing and consolidation in Transaction banking

There is no doubt that transaction banking is growing. But is this growth straight forward and all-round… or are there some undercurrents. Let us look at some developments - AIB and Barclays outsourced Trade processing to ABN a few years back. Trade finance outsourcing has become common now with a number of banks & vendors offering this servic...

28 September 2008 /payments /wholesale

Retired Member 

Growth in Transaction Banking

Growth in Transaction Banking; are banks going back to basics or is there a killer application ? While the global financial markets face severe meltdown, one area within banking quietly continues to prosper - Transaction banking. Consider this – Between Citi, HSBC and JPMC income from global transaction banking in 2008 is expected to touch US$ 15b...

17 September 2008 /sibos /wholesale