High velocity

In a weird twist of fate, I was at the Federal Reserve's Payment System Improvement Town Hall in San Francisco today morning, just as S...

So there’s been a lot of talk about BitCoin lately, and I particularly liked this piece by Guan - BitCoin’s real value is it's paymen...

Transferwise At the SIBOS industry conference in Toronto in 2011, I met  Taavet Hinrikus  and  Kristo Käärmann , the founders of Transferw...

My speech from the FST "The Future of Banking & Financial Services" conference in Sydney on Nov 8. Many Thanks to Marc...

The first thing to realize is that Facebook is in fact a bank. It doesn't have a charter and its not regulated*, but it accepts deposit...

"Neither a borrower nor a lender be, For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry." Ha...

The below chart caught my eye earlier today, and I tweeted about it. The chart itself is a bit hard to read, but essentially its telling u...

The End of Interchange? Last week, the Federal Reserve Board requested comment on proposed regulation that would “establish debit card inter...

Facebook recently announced that the only payments mechanism on the Facebook platform will be Facebook Credits starting fro...

I was at the Shadow Fed meeting in early October, and there was a lot of debate about the merits of Quantitative easing, which the Fed has s...

It looks like the furore over outsize pay in banking is dying down. Kenneth Feinberg's final report on the pay practices identified $1....

I love Felix Salmon's blog, especially his take on the unburst property bubble , but I have to take issue with his post on the recent wa...

I realized the other day that the consumer banking system in the US is highly regressive. Regardless of which business line you look at, ban...

So why high velocity? I realize that a lot of my apparently random interests: economics, martial arts, business, etc.; are united by a commo...