Sat.Aug 17, 2013 - Fri.Aug 23, 2013

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Much Maligned Banking Business Model: Lean and Mean

Jeff For Banks

'Does your financial institution pursue a relationship driven strategy? If so, you would be in the majority for community FIs. If not, you are much maligned. In my last post I identified five things I don''t understand. One was "Our Money Is No Different Than the Bank Down the Street". I discussed my confusion as to how bankers could believe this and still pursue a more expensive relationship driven strategy.

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Bitcoin legal classification in Germany: much ado about. ?

Money and Payments

'These days I noticed an interesting discussion in my Twitter time line and on the web on the fact that the German government has ''recognized'' Bitcoins (even as legal tender, as cnbc reported for some time). There were many reports on the matter, outlining that Bitcoin is apparently gaining further acceptance among regulators. But as the reports were a bit confusing I felt it would be good to track the sources.

Bitcoin 63
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Mobile Shopping Ain’t Easy - But With 1-Click It Could Be

Javelin Strategy & Research

My brows furrow while I fill in the 10 rows of payments field on my smartphone to buy the perfect pair of cycling gloves. In 2012, Javelin research showed that over $20 billion was purchased by U.S. consumers using their mobile devices, with the vast majority happening online through mobile browsers and apps vs. in a store. I am doing my best to increase that total, but I am finding that I need to be very patient to complete a purchase with my iPhone.

Mobile 40