"Specifically, it will mean the shift to mobile distribution being the main channel of interaction between customers and the bank," the report reads.
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Peer2Politics
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on peer-to-peer dynamics in politics, the economy and organizations
Curated by
jean lievens
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Antony Jenkins sets out how technology will transform the way financial services are delivered and used. See more at: https://www.chathamhouse.org/event/appr... 
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The Finance Innovation Lab is empowering positive disruptors in the financial system, by connecting people who are changing the financial system, developing them as leaders and helping them scale their work. The Lab’s work is enabling a financial system that is democratic, fair and responsible.
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Finextra: Mobiles, cryptocurrency and private sector to boost financial inclusion - Gates Foundation
Mobile phones and the underlying technology behind crypto-currencies are helping to slash the cost of providing financial services to the poor, making the area an increasingly attractive proposition to the private sector, according to Rodger Voorhies from the Bill & Melinda Gates Foundation.
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Finance, even in its most high-tech formulations, is rooted in ecological systems. A high-frequency trading hedge fund, for example, relies on electricity created by burning fossilised organic matter. It relies on employees, surviving via agricultural systems. It trades in company shares, given value by the actions of those companies’ employees using assets (like computers and telecommunications systems) that are all dependent – at some level – on mining, forestry, and other extractive industries.
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This is an article about Open Source Finance. It’s an idea I first sketched out at atalk I gave at the Open Data Institute in London. By ‘Open Source Finance’, I don’t just mean open source software programmes. Rather, I’m referring to something much deeper and broader. It’s a way of framing an overall change we might want to see in the financial system. To illustrate this, I set up an analogy between computer systems and economic systems, and I then explore what financial ‘code’ might be. I then sketch out the five pillars that could underpin an open finance movement.
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This is an article about Open Source Finance. It's an idea I first sketched out at a talk I gave at the Open Data Institute in London. By 'Open Source Finance', I don't just mean open source software programmes. Rather, I'm referring to something much deeper and broader. It's a way of framing an overall change we might want to see in the financial system. To illustrate this, I set up an analogy between computer systems and economic systems, and I then explore what financial 'code' might be. I then sketch out the five pillars that could underpin an open finance movement.
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There is a spectre haunting the global pension fund industry. It is the spectre of a complete failure of common sense. It is driven by an outdated and increasingly dangerous ideology of infinite growth, and is held in place by structures of power and cultural inertia.
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A fledgling financial-services group that grew out of the Occupy Wall Street movement is looking to launch a debit card aimed at people who want to forgo conventional banks. The group, Occupy Money Cooperative, is currently seeking donations on its website, where it hopes to raise $900,000 to launch a prepaid, low-fee, FDIC-insured debit card that it will offer free to co-op members. As of Wednesday afternoon, the group had raised only $5,389, but the campaign has picked up steam since Monday, when an article about the proposed card appeared in the New York Times.
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Let us imagine ... Ideas from the London Open Office for the future of finance. http://robinhoodcoop.org
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Banking has gone from somewhere you go to something you do. If we are to believe that the sharing economy will shape our future, banking and all financial..
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The thermometer showed a 103.5-degree fever, and her 10-year-old’s asthma was flaring up. Mary Bolender, who lives in Las Vegas, needed to get her daughter to an emergency room, but her 2005 Chrysler van would not start.
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David Graeber is an American anthropologist who teaches at the London School of Economics. He is the author of the classic “Debt: The First Five Thousand Years” and played an important role in the launching of Occupy Wall Street. Last year, he wrote a much-discussed essay asking what happened to society’s old promise of more leisure time for workers; for the tasks that have come to occupy the hours that were once promised to be ours, Graeber invented the delicate and slightly obscure label, “bullshit jobs.”
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Despite its run-up in value and the coincidentally increasing number of retailers accepting it, Bitcoin is still not playing an enormous role in daily life.
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We are excited to announce thelaunch our new documentary - Transforming Finance. Get a sneak preview– watch the trailer here. The film will be available online from 4th December.
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Trillions of dollars change hands every day in the foreign exchange markets. Yet this vast industry profits from peaks and troughs – it has no interest in a stable economy
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Islamic finance has been a significant global force for the past few decades, but in recent years sharia-compliant saving and investing have become more common in the United States. For example, in June, Goldman Sachs provided a loan to Arcapita Bank, an Islamic investment company, that in compliance with sharia law did not charge interest. In July, a US-based trade association, the World Council of Credit Unions, published a manual explaining to would-be community financiers in developing countries how to operate sharia-compliant credit unions.
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There are "open" data-driven applications that track government legislation in the US, tools that help calculate taxi fares in Bogota, Colombia, applications that track how tax payer funds are spent in the UK, thestate of school sanitation in Nepal, and many more.
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