Tina Eboka "A DONKEY COULD DELIVER CHEQUES FASTER

I am trying to get the full document to print.
Posted: 18 January 2008 at 17:50

Doug Vining Say goodbye to the donkey!

It seems like there's nothing like a bit of smart technology to get rid of the "donkey" process of moving funds about. My own experience is that transfers have become quicker, especially international transfers, since we published this MindBullet, but it's nowhere near "instant."

It's about time the banking world caught up with the connected world!
A FuturesForum post (titled: "Say goodbye to the donkey!") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=65a67364-3924-4840-a53b-b89e30a0a5a7
Posted: 19 June 2012 at 17:23

Anton Musgrave End of Cash Approaching?

Are we reaching a stage where cash as a form of value exchange will disappear? Jack Dorsey, founder of Twitter, launched 'Square' some time back. Initially seen as a geek toy it is gaining support and the recent Starbucks announcement will build huge awareness. All it takes is the purchase of the tiny device for USD10 (refunded after registration of the device), online registration and hey presto...a payment device outside of the expensive point of sale machines provided by the banks. Disruption by a player outside an industry again leads the way. Incumbents will need to get a move on to avoid irrelevance.
A FuturesForum post (titled: "End of Cash Approaching?") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=bc06a7fc-b434-4313-89ae-5e48d0182d95
Posted: 8 August 2012 at 16:10

Anton Musgrave Banking set to change forever?

Imagine a seamless, transparent, fair banking system, fully integrated with our online life...easy, 'one click', and user controlled! Sounds too good to be true? Well, it may just be possible if the latest development in online standards succeeds. Will the traditional banks love it? No. Will they drive its full commercialisation? Unlikely. Will it impact them? Yes.
A FuturesForum post (titled: "Banking set to change forever?") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=8123b431-507a-497e-bca6-53cb4314979a
Posted: 23 January 2013 at 09:35

Anton Musgrave Crowd funding to change the rules of investing?

Industry disruption is not the preserve of music, movies, shopping and the like. Even the rarified world of high finance will not escape the attention of the disrupters! Crowd funding networks are growing, appealing to markets not traditionally served by the equity funds, banks and other traditional investment funds. But the fringe market will grow and eventually may engulf the core investor markets. The industry players will be surprised. Why?
A FuturesForum post (titled: "Crowd funding to change the rules of investing?") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=2a1fd5c7-1e7b-4d5c-88db-8ade8a45b049
Posted: 6 March 2013 at 17:51

Doug Vining Crowd funding to change the rules of investing?

Looking at the attached MindBullet with the future eyes of a Net Generation customer, I can only say: "What's a cheque?"
Posted: 7 March 2013 at 14:30

Anton Musgrave Another possible banking disruption

Customers best interests will almost always win - despite the best efforts of some of the worlds mod powerful players to protect entrenched business models that don't best serve their customers. Once of these is the practice of charging for international money transfers - where costs and exchange rates applied seems to be one big black box! Watch this space banks...
A FuturesForum post (titled: "Another possible banking disruption") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=5fd1aae6-f9d1-47c0-85eb-a22cd8b5d112
Posted: 16 February 2014 at 16:08

Anton Musgrave Goodbye Wallet...

I have never liked a fat wallet in my back pocket...its also orthopaedically very bad for ones alignment. Soon we won't have this problem unless you keep your mobile phone in your back pocket! As we explore new and disruptive payment systems the world as banks knew it will change. Faster, better, easier and also fraught with new risks. Risks have always been around though, even with chip and pin credit cards. But life will in many ways be better for us customers. And we will drive these changes.
A FuturesForum post (titled: "Goodbye Wallet...") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=92d4f2f6-5046-4afc-a2b9-5ca538a68b24
Posted: 13 March 2014 at 15:28

Anton Musgrave Digitization of financial services

The opportunities of financial services transformation to full engage with the fully digitised world demands fundamental change and redesign. can the big players get there fast enough?
A FuturesForum post (titled: "Digitization of financial services") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=05dd2c71-da9a-4ac9-b138-aaf8b9e6304d
Posted: 12 August 2014 at 11:50

Anton Musgrave Life for the banks will get much tougher!

The banking system will need to fully embrace the next technology wave or it will face increasing marginalisation. Whether it's digitisation, the current buzz word, or AI or smart self regulating systems or social media engagement models, the current infrastructure, and I include the infrastructure of thinking in this, will need a radical makeover!
A FuturesForum post (titled: "Life for the banks will get much tougher!") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=cc4301e0-29a3-4c60-a420-8b51eaca39c0
Posted: 26 October 2014 at 15:46

Anton Musgrave Bitcoin, Blockchain and now SCP...crypto currencies is where its all happening.

The financial world is slowly, too slowly, getting sued to the prospect of market acceptance of some form of crypto-currencies. Bitcoin and its security algorithms housed in its block-chain, offers solutions to may of the issues raise d y the sceptics. Now a new rival is emerging...claiming too address some of Bit-coin's pitfalls. Who knows who will survive but we do know that someone will and its not the US Treasury minted coins! A world with no cash but crypt-currencies with safe and secure audit trails offers immense benefits.
A FuturesForum post (titled: "Bitcoin, Blockchain and now SCP...crypto currencies is where its all happening.") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=59e52d79-0002-45f5-9283-28bb5d3728e2
Posted: 17 April 2015 at 18:26

Anton Musgrave Banking challenges from China - even after Black Monday!

Developments and innovation in banking is gaining speed and impact and much of the exciting new innovation is emanating form China. Will this be a clarion call to the the big banks of the West or will it fizzle and die? I would not bet on that!
A FuturesForum post (titled: "Banking challenges from China - even after Black Monday!") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=4f66bc2a-dde0-4cf9-814d-ad1d57f93e29
Posted: 26 August 2015 at 23:26

Anton Musgrave Setting exponential goals - Alibaba shows incumbents how to dream and execute!

With almost 500m clients Ant Financial, the financial services arm of Alibaba, its already a huge business, bigger than most global banks. Yet is seeks to quadruple its base in next 10 years to 2 billion customers! Most of the incumbents cannot even think at that scale and their systems simply cannot ever cope with that scale...Check mate ?
A FuturesForum post (titled: "Setting exponential goals - Alibaba shows incumbents how to dream and execute!") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=9553ff23-5723-44a1-b2e0-10e15a7519f1
Posted: 20 January 2017 at 11:47

Anton Musgrave Fast cheap international money transfers a reality...for some banks!

I received USD12k into my account today. my banker has not yet called with an exchange rate and a credit to my account and hence it will be at least 24 to 48 hours before I derive any economic gain for the arrival of MY funds! Guess who will receive the value? In the meantime, Japan's banks can settle international money transfers in a second, and no doubt at a fraction of the usual cost!
A FuturesForum post (titled: "Fast cheap international money transfers a reality...for some banks!") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=0b73becc-caea-49ca-b43e-60d9d70789a1
Posted: 2 March 2017 at 16:24

Anton Musgrave New world of banking driven by social media and mobile

China's Alipay and Tencent are showing the world the value and scale benefits of integrating social media, mobile and e-commerce ecosystems to deliver new payment systems at very low cost but resulting in massive scale benefits.
A FuturesForum post (titled: "New world of banking driven by social media and mobile") refers to this MindBullet. The full FuturesForum post can be read here: http://www.futureworld.org/PublicZone/FuturesForum/BlogDetails.aspx?PostID=a89b8ec9-87af-4f7c-a0c7-5b10b02a8fa1
Posted: 20 April 2017 at 11:03
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