Russia is hinting at a new Cold War over SWIFT. So what’s SWIFT?
In the last few days, the Russians have been making bellicose threats about what might happen if they are excluded from SWIFT. On Friday, the CEO of Russia’s se…
banking
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Looking back 5 Years, and designing forward
Five years. It passes quickly, time as the currency of life. Five years ago (2007), Google surpassed Microsoft as the "most valuable global brand,"…
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When Mobile Telecommunications Routes Become Banks
Lately, I have been puzzled by the proliferation of bank-mobile operator partnerships in the developed and emerging countries. The mobile carriers provide the…
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Banking on Our Privacy
Privacy is something we lose actively, not passively. Listen to the verbs of our digital lives: * We browse the web and Google. * We tweet and Twitter. * W…
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State-Owned Banks as a Way to Rebuild the Housing and Real Estate Markets
The financial literacy of America has improved markedly, nearly to college level, as a result of the global recession that started in 2007. What about state-ow…
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Transparency, Money and the 2008 Collapse of Credit & Stock Markets
Each day the stock markets trend lower, seeking floors, comfort. A sense of how bad it could get leads to further erosions of global equity values and banks un…