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The Banker's Blog Watch

Track industry talk and discussion via headline feeds from industry blogs selected by American Banker editors.
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Today's Featured Post:

Felix Salmon

Why clearXchange Is Great for Payments
ClearXchange is a clear competitor to the likes of PayPal and Popmoney, but it’s not an existential threat to those companies. Instead, the reason I like it is just that it brings peer-to-peer payments where they belong, to the level of the bank account. And it’s likely to set a new benchmark of $0.00 for the cost that consumers pay for such payments.

Thoughts on the Future of Finance

  • Introducing R3 Corda(TM): A Distributed Ledger Designed for Financial Services
    posted on April 5, 2016
    As reported in Bloomberg this morning, I'm delighted to confirm that R3 and our member banks are working on a distributed ledger platform for financial services: Corda(TM). I explain it on our official R3 blog and reproduce it here. For the last six months, my team and contributors from our membership have been building a […]
  • It's New Year... Time to change the world
    posted on January 4, 2016
    We’re hiring! Are you a talented developer? … who has experience of banking technology and a passion for blockchain technology? Can you tell your nostro from your vostro? … and do you have an intuitive understanding of why it's quite so hard to change anything in a bank?! Do you understand why Bitcoin works the […]

HR Sagacity

Capital and Prudential Standards Blog

The Financial Brand

  • Could Apple Be Your Next Bank?
    posted on April 28, 2016
    Apple is in a position to build a user interface that could provide the ultimate in banking services, without ever owning a bank.
  • Brand Design is Going Mobile
    posted on April 27, 2016
    With a greater dependance on mobile devices, branding becomes more important and more difficult.

The National Bank Examiner

  • posted on March 11, 2016

  • posted on January 25, 2016

Nick Dunbar

  • Steel and the pusillanimous pension rule
    posted on April 18, 2016
    How pension policy cowardice helped doom Britain's steel industry. Tata's decision to write off the value of its UK steelmaking business and seek a quick sale, while keeping its Dutch business, is really a story about pension regulation.
  • Crime, business and benchmark rigging
    posted on April 12, 2016
    Recent Libor rigging trials highlight the tensions between criminal prosecutions and regulatory probes into banks' business practices


  • Ten years after
    posted on March 1, 2016
    I don’t know whether it is of note even to me, but today interfluidity is ten years old. Here is the inauspicious first post. Thank you all for coming by, for reading, for putting up with me all these years. So I’ll leave it up to you. If you live in one of those states, […]
  • Policy as Mock UN
    posted on February 24, 2016
    Ezra Klein offers a response to my previous post, and there’s a lot that’s good it in. I appreciate Klein’s characteristic effort to provide a nuanced and balanced take. Nevertheless, I can’t say that I am persuaded. Before going into the substance of Klein’s piece, I want to clarify that my prior post was not […]

Tomorrow's Transactions

The D&O Diary

Bank Talk

Deus Ex Macchiato

  • Three quotes and an apology
    posted on May 2, 2014
    The resumption didn’t happen: sorry. I just didn’t feel like writing. Even the Michael Lewis/HFT thing couldn’t rouse me from my stupor, mostly because it is so obvious what you need to do to fix these issues*. There is a three day weekend ahead. I don’t anticipate writing much any time soon, but let me […]
  • Sorry folks
    posted on March 26, 2014
    I’m horrendously busy, and unlikely to be blogging for some weeks. Normal service might be resumed by mid-April, but more likely there will be fewer but hopefully longer posts. Happy Easter

ISDA Media Comment

  • Novo Banco: An Exceptional Story
    posted on February 19, 2016
    Everybody loves a good credit derivatives story. And market participants and the media have had a very good one in recent weeks. It concerns CDS contracts written on Novo Banco, a Portuguese bank. The Novo Banco story begins with Banco … Continue reading
  • The Not-So-Secretive Circle
    posted on November 2, 2015
    Thomas Jefferson once remarked: "When the press is free and every man able to read it, all is safe." He knew how important an independent, critical press is to a free society. He also knew the democratic process could be … Continue reading

Portals and Rails

Bank Lawyer's Blog

  • The Devil You Know
    posted on April 24, 2016
    Writing in the latest issue of The Atlantic, Bethany McLean gives a fairly balanced treatment of the oft-whipped payday lending business, and asks the very intelligent question, "If you get rid of it, will anything better replace it?" After noting...
  • Residential Mortgage Lending: The Bloom Is Off The Rose For More Than Just The Big Banks
    posted on April 17, 2016
    My friend, Colorado community and mortgage banker Pat Dalrymple's, latest "Banker's Hours" column in the PostIndependent Citizen Telegram again struck a chord with me. With permission, here it is, in case it also hits home with you: We hear that...

The Bankwatch

  • World Retail Banking Report - 2016 (Capgemini and Efma)
    posted on April 19, 2016
    Their annual report is out now. Some useful country specific information regarding customers experience level and feelings about their banks. Capgemini and Efma today released the findings of their annual World Retail Banking Report (WRBR) 2016. The report reveals that fintech providers are making increasingly significant inroads with customers - two thirds of customers are […]
  • India launches ubiquitous mobile banking infrastructure
    posted on April 17, 2016
    The United Payment Interface (UPI) launches commercially in India on Monday 18th, April, 2016. The first step was the launch of a national biometric identification system. This first step has met with apparent resounding success. Bloomberg So far, India’s attempt to assign every citizen a unique 12-digit number associated with a person’s unique iris, fingerprint […]

Celent Banking Blog

  • The Banking Railroad of Innovation: Follow the River
    posted on April 26, 2016
    I'm a big fan of the old movie classics. The TMC channel was a loyal companion during my graduate school days at the University of Illinois, offering a comforting black and white backdrop to frequent all-day programming sessions, and today I frequently call on TMC to get me through my daily hour-long treadmill sessions. This weekend TMC offered […]
  • Digital banking is ready to take off in Latin America
    posted on April 25, 2016
    Digital is the new reality in Latin America. In a recent Celent survey 100% of the participants recognized that a scenario where all financial products get digitized needs to be addressed sometime in the next 7 years and 59% of them believe it needs to be addressed immediately. There is also a general consensus that […]


  • Thoughts on Nortel (from Bob Rasmussen)
    posted on April 19, 2016
    The following post comes to us from Professor Rasmussen at USC: Nortel Bankruptcy Sets a Dangerous Precedent For the Future of Lending Lenders are no fools. They care deeply about the promises they receive in return for the money they...
  • Puerto Rico: Legislative Update
    posted on April 18, 2016
    It appears that the House legislation has bogged down. Two or three issues keep coming up, none of which make a whole lot of sense: First, "bailouts." I'm not sure if people making this argument actually believe it or are...

CU Soapbox

  • The Hot Swappable Life
    posted on August 13, 2014
    by Ron Daly A business associate was telling me a crazy story just the other day. He was holding out his credit card to pay for lunch and I noticed it was a shiny, newly-issued card. "Just get that card?"...
  • I don't know where you are...but I know where you AREN'T.
    posted on July 16, 2014
    by Ron Daly I don't have spy satellites. I don't have access to your GPS. I'm not the NSA, nor am I Google, nor am I any other intelligence gathering agency, public or private. I don't know where you are...but...


Inside the Underbanked

Javelin Strategy & Research

Liberty Street Economics

  • What's behind the March Spike in Treasury Fails?
    posted on April 18, 2016
    Michael Fleming and Frank Keane U.S. Treasury security settlement fails--whereby market participants are unable to make delivery of securities to complete transactions--spiked in March 2016...
  • Just Released: The New York Fed Staff Forecast--April 2016
    posted on April 15, 2016
    Today, the Federal Reserve Bank of New York (FRBNY) is hosting the spring meeting of its Economic Advisory Panel (EAP). As has become the custom at this meeting, the FRBNY staff is presenting its forecast for U.S. growth, inflation, and the unemployment rate. Following the presentation, members of the EAP, which consists of leading economists in academia and the private sector, are asked to critique the staff forecast. Such feedback helps the staff evaluate the assumptions and reasoning underlying its forecast as well as the forecast's key risks. The feedback is also an important part of the forecasting process because it informs the staff's discussions with New York Fed President William Dudley about economic conditions. In that same spirit, we are sharing a short summary of the staff forecast in this post; for more detail, see the FRBNY Staff Outlook Presentation from the EAP meeting on our website.


Zoot Blog