Google Chrome browser hidden commands | last off topic post [this week]


Still off topic here, but hey, internet stuff is important, right!  I find this new browser stable, fast, and simple. Here are a few undocumented commands that can be typed into the Google Chrome address bar, that provide stats on the browser operation. about:memory about:stats about:histogram about:cache about:version about:dns about:plugins about:stats about:network Continue reading Google Chrome browser hidden commands | last off topic post [this week]

Google Browser to be announced Tuesday Sept 2nd


I have been watching for this download to happen but nothing yet.  A Google browser that’s supposed to show up Tuesday.  The information suggests a very efficient browser based on webkit that manages the internet better. Internet is no longer a set of web pages.  Its become a set of applications, videos, and pages with privacy and security needs that requires a different way to interact.  This is exciting! Google Chrome Today there was a comic book in my mail, sent by Google and drawn by no less than Scott McCloud, creator of the classic Understanding Comics. Within the 38 … Continue reading Google Browser to be announced Tuesday Sept 2nd

Online bill pay represents a huge cost, that will drive irrational Bank behaviour


Before 1996, and the advent of online banking Banks made money from bill payment.  Each bill paid required a cheque that incurred service charges, or an in branch payment, that incurred a fee.  No more. Online bill pay to cost US banks $1bn by 2010 – TowerGroup The provision of free online bill payment services to retail banking customers will cost the US financial services industry $1 billion by 2010, according to research from TowerGroup. The research house estimates that nearly 24 million Americans currently use electronic bill payment and presentment services (EBPP). Usage is increasing at a compound annual … Continue reading Online bill pay represents a huge cost, that will drive irrational Bank behaviour

US shoppers turn away from credit according to certain retailers


In the clearest sign yet of impacts on the Banks from the subprime crisis, US consumers are shifting to cash or debit and away from credit cards. US shoppers turn away from credit Mainstream retailers are reporting that shoppers are opting for debit cards or cash instead of credit cards as they face tighter credit limits, illustrating how the wider credit crunch is being transferred to main street spending. However the message is clouded by the fact that while certain retailers are noting the shift, Visa and Mastercard are seeing card usage relatively unchanged.  The shift was first noted by … Continue reading US shoppers turn away from credit according to certain retailers

The nature of social capital and trust in banking and financial services


I have enjoyed a re-read of Bowling Alone during a recent vacation.  Its a fascinating book written very academically, so not an easy read.  Tons of statistics.  However the concepts that it explores are relevant and interesting for Banks.  For me it helped to sort out differences between Banks and others, and the nature of trust.  It helped me better understand social capital. What is especially interesting and relevant for our times is that it was written in 1999.  This book predated the dot com crash, and predated the rise of social networks, yet it nailed the much of the … Continue reading The nature of social capital and trust in banking and financial services

Where are Banks in Community Management?


James has a good post on the shift from traditional PR to Community Management, and he explains that mechanics quite well. His example of Debbie at Wesabe is an ideal one. BankerVision: PR shifts to Community Management One final question is in my mind, though, is what use HSBC’s or Citi’s Community Outreach Coordinator will make of a competitive bank’s blogger like myself? Will they just ignore me, or take a leap of faith and realise that the community is powerful regardless of who is in it? Relevance to Bankwatch:His final paragraph says it all. With the lone exception of … Continue reading Where are Banks in Community Management?

Platform vs market logic, applied to P2P Lending


Back from vacation, and thinking about all kinds of stuff.  Long post on Social Capital coming, but meantime, and kind of related <in my mind> Umair does a nice job of discussing the merits of platforms and markets.  It is an important distinction, and his final quote here explains what caught my eye. What Apple Knows That Facebook Doesn’t – Umair Haque This conclusion also helps us answer another critical question on the minds of today’s investors, entrepreneurs, and would-be revolutionaries: when will today’s crop of startups start making serious cash? The answer: when they shift from platform logic to … Continue reading Platform vs market logic, applied to P2P Lending

My “email for Bankers” system


Every Banker needs to read James post here. This particular paragraph resonated for me, having lived this life for years, and now being in a position to re-orchestrate my day according to my schedule. I have some suggestions …. the back to back meeting day is the death of effectiveness. BankerVision: Email bankrupt A cultural oddity of the bank is that we do back-to-back meetings, probably most days. So our email keeps piling up, and so many of us have resorted to fitting email processing into odd slots of the day. I have some cures for this ailment, before you … Continue reading My “email for Bankers” system

Tokyo Mitsubishi UFJ invest further in UnionBanCal


As predicted, here is the first example of Asian Banks seeking positive investment opportunities amongst the American Banks. In this case they are being characteristically careful and investing in one they already know. FT.com / Lex / Financial services & property – MUFJ/UnionBanCal The second is that the would-be buyer is Japanese. Mitsubishi UFJ wants to buy the 35 per cent it does not already own of UnionBanCal for $63 a share, implying a valuation of $8.8bn for the owner of Union Bank of California. Relatively unscathed, Japanese banks have already lent a financial hand to struggling global peers. MUFJ … Continue reading Tokyo Mitsubishi UFJ invest further in UnionBanCal