« Things we're reading: 11th February 2013 | Main | Things worth reading: 12th February 2013 »

February 11, 2013


Feed You can follow this conversation by subscribing to the comment feed for this post.

Tom White

I agree with your conclusion about the current limitations of PFM. This is one of the things we are working on at iQuantifi- to provide automated and personalized advice to consumers to guide them on their financial decisions. Feel free to view our software demo to see how we plan to help consumers. http://www.finovate.com/spring12vid/iquantifi.html

Fiona Brownsell

Hi Chris

Great to see your post above. You are so right. The mobile has the ability to put us all back in control of our money, just like the old days when we all used cash, all of the time, and so knew exactly where we were.

The problem is not the mobile interface, that is the easy part and there are hundreds of little and large software houses running after this market.

The problem is when they get there the actual payments data is not available in real time. This has been a topic of discussion lately at the Parliamentary Commission on Banking Standards (PCBS) and the Bank of England and the Treasury. The only way to move the needle is to move the Payments Council who are currently completely owned by the big banks with a vested interest in maintaining the status quo.

Mmmmmmm lets hope the joint voices of George Osborne and Andy Haldane are supported by the PCBS report so that finally our money is back under our own control through a mobile.

Matthias Benfey

Can these thoughts be summarized as: PFM squared helps me make in-the-moment financial decisions. Much like a car speed-o-meter helps me make in-the-moment decisions about stepping on the brakes when I see a police car up ahead, whereas the odometer is completely useless at the moment.


Good stuff as usual Chris and couldnt agree with you more. You may find what I wrote sometime back interesting. https://blogs.oracle.com/financialservices/entry/personal_financial_management_the_need

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:
Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.


Post a comment

Comments are moderated, and will not appear until the author has approved them.

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)

Twitter FSClub

    follow me on Twitter

    Your email address:

    Powered by FeedBlitz

    Search blog

    Amazon Digital Bank

    Financial Brand Editor's Choice

    Alex: The Finanser BlogAlex at the Financial Services Club
    Gaping Void: The Finanser BlogGaping Void's Hugh MacLeod worked with the Finanser
    Wordle: The Finanser Blog

    The Financial Brand


    Payments News - from Glenbrook Partners

    Payments RSS

    Tomorrow's Transactions blog