My Bankwatch blog cross posts to Twitter. I did that because Twitter was always an open handy platform, commonly used, albeit becoming more annoying. Following Musk’s erratic behaviour including banning some journalists this really throws Twitter credibility and future viability into question. I wanted an alternative and have opened an account with Mastodon. Mastodon @chender@sself.co Continue reading Mastodon account
This piece on internet and evolution of financial services has the best quote I have seen for some time. “these companies have merely built nice UI’s to Wall Street” How To Disrupt Wall Street | The Business Insider As I see it, these companies have merely built nice UI’s to Wall Street: Mint connects to your banks and Square to Visa and Mastercard and the bank that issued the credit card. If people at farmers’ markets use credit cards instead of cash, that means more money for Wall Street, not less. Brilliant. I take no issue with the likes of … Continue reading The true meaning of innovation in financial services lies in the plumbing, not UI
This has little directly to do with banking per se, but it has a lot to do with information seeking, gathering, and the seismic shifts in how transparency of otherwise opaque bodies can be nullified by the internet tools available. It is also just plain fascinating, and something all strategists should watch and try to understand. Whether this was innocent or otherwise, it appears to be a fact that it happened hence the significance. Also read here for discussion and note the ‘informed’ comments. One cannot help but think that there is something deliberate to all this, and even that … Continue reading State Department official, Jared Cohen, e-mailed Twitter – delay scheduled maintenance
Bankwatch 