Today Banco Sabadell presented its new mobile banking release, including remote deposit capture and a specific Android version. Here is a a nice supporting video demonstrating their new app for cheque capture and deposit using iphone.   Watch carefully and see it pick up the transit, account number and amount.    For more go here.   Technorati Tags: Banco Sabadell,smart phone cheque capture,mobile,Spain Continue reading Banco Sabadell presents its new mobile banking innovation for 2011 with cheque capture

Congratulations to James on joining Spigit.  Now we know why he was making all those trips to California. http://www.marketwire.com/press-release/Spigit-Expands-With-Appointment-Dr-James-Gardner-Lead-New-International-Operations-Team-1381368.htm "As the proven leader in idea management software solutions in the U.S., we’re ready to expand our efforts globally," says Paul Pluschkell, CEO and Co-Founder of Spigit. "James’ proven ability to build and lead successful innovation programs across large organizations makes him uniquely qualified to grow our international business." He will be based in London. @FredericBaud Yes still in London, but running around travelling much more I expect. bankervision 5 mins Technorati Tags: bankervision,James Gardner,Spigit Continue reading Spigit Expands With the Appointment of Dr. James Gardner to Lead New International Operations Team

There is more than a little irony in this comment from Gareth Davies, head of European ABS research at JPMorgan.  The best part is that he notes it will set the market back from the last 12 months positive momentum.  No kidding Gareth and I am sorry your bonus will be less! European securitisations face S&P downgrade | FT “Its not the impact on the ABS professional that I worry about; they’re hardened from three years of torrid markets. Rather it’s [the impact on] the risk managers and senior managers since we’ll now have to explain again that securitisation is … Continue reading “Securitisation is not the work of the devil” | S&P beg to differ

RBC are moving to a store oriented branch environment with focus on interaction rather than the usual customer/ staff with a counter in between. This article notes RBC are partnering with Microsoft to implement the Microsoft Surface in the newest designs. There is an accompanying video which covers the branch concept and features some applications for the Surface.   Technorati Tags: Micsoroft Surface,RBC,Branches Continue reading RBC partner with Microsoft for ‘Surface’ in branches

Great video which appears to have been a trailer for SIBOS 2010.  Its only 4 mins but it covers technology evolution and the shift to “User Centric Finance”.  Interesting use of example of religion and disintermediation of churches. Continue reading User Centric Finance

It just gets worse for GS.  Goldman reveals fresh crisis losses | ft.com Goldman Sachs has revealed details of about $5bn in investment losses suffered during the crisis for the first time this week, in a move that will deepen the debate over companies’ financial disclosures. The figures, issued as part of internal reforms aimed at silencing Goldman’s critics, show that the bank suffered $13.5bn in losses from “investing and lending” with its own funds in 2008. But Goldman’s regulatory filings and its executives’ comments to investors at the time pointed to about $8.5bn of losses arising from its investments … Continue reading oops – there was another $5 Bn that we lost but failed to report | Goldman Sachs

Following up on yesterday’s post there are now indications that Bank of Canada and the banking regulator OSFI are working on a new set of bank stress tests. OSFI, BoC working together on bank stress tests | financialpost.com Rather than relying on the banks own internal tests OSFI and the central bank have created a "macro" test, Mr. White said, adding that the work has put this country at the forefront of macroprudential testing. Some analysts argue some of the results of Canadian bank stress tests should be made public in the interests of transparency. But according to Mr. White, … Continue reading New stress tests coming for Canadian banks