Comments for FSThinktank http://www.fsthinktank.com Harmony between Financial Services and Information Technology Thu, 22 Apr 2010 15:12:24 +0000 hourly 1 http://wordpress.org/?v=3.0 Comment on Lady Olga Maitland, talks about her journey into the world of finance by Mark http://www.fsthinktank.com/future-of-payments/lady-olga-maitland-talks-about-her-journey-into-the-world-of-finance/comment-page-1#comment-22 Mark Thu, 22 Apr 2010 15:12:24 +0000 http://fsthinktank.com/?p=111#comment-22 "The large global banks are worried about risks and scale, but regional banks, in areas like Africa, are being very innovative..." Well quite! And indeed worried about regulation. Payments must move forward, but as the scale and volume increases, naturally the complexity and risk does too. Banks might do well to observe a while rather than rush in to what will be a low margin business, albeit very high volume. Perhaps worth asking the question of what a bank really is these days and what it wants to be? “The large global banks are worried about risks and scale, but regional banks, in areas like Africa, are being very innovative…”

Well quite! And indeed worried about regulation. Payments must move forward, but as the scale and volume increases, naturally the complexity and risk does too.

Banks might do well to observe a while rather than rush in to what will be a low margin business, albeit very high volume. Perhaps worth asking the question of what a bank really is these days and what it wants to be?

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