Friday 30 November 2012

2013 FStech Awards: Entry deadline extended

We've extended the entry deadline for the 2013 FStech Awards. New deadline is Friday, 7 December.

The awards, which recognise excellence and innovation in the field of information technology within the UK and EMEA financial services sector, are free to enter and you can put your organisation forward in as many as categories as you wish.

Best of luck to all those who are submitting entries. I know that a number of companies are busy putting together their submissions but are running behind schedule, so hope the deadline extension helps!

NB: Deadline extensions through to Friday, 14th December are also available on request. Drop me a line here for further details.

Friday 23 November 2012

It was 20 years ago today...


Just received a press release from Asda flagging up that 20 years ago today IBM unveiled the first smartphone. Today, by comparison, a smartphone (from Asda, natch) has 32,000 times the memory capability, half a million times the functions, 25 per cent of the weight and costs seven per cent of the original price.

The very first smartphone was unveiled by IBM at the COMDEX trade show in Las Vegas. It was shaped like a brick, weighed more than 1lb (510g), had 1MB of memory, featured a built-in fax and a touchscreen with stylus. In real terms, the 'Simon' would cost £1,104 today.

The original Angler prototype, as it was called, combined a cell phone and PDA into one device, allowing a user to make and receive telephone calls, facsimiles, emails and cellular pages, among other functions. COMDEX show attendees and the press showed notable interest in the device. The day after Angler's debut, USA Today featured a photo on the front page of the Money section showing Frank Canova, Angler's architect, holding the prototype.

BellSouth Cellular initially offered the Simon throughout its 15 state service area for $899 with a two-year service contract or $1099 without a contract. Later in the product's life, BellSouth Cellular reduced the price to $599 with a two-year contract.BellSouth Cellular sold approximately 50,000 units during the product's six months on the market.

The term "smartphone" was not coined until 1997, but because of Simon's features and capabilities, it can lay claim to being the first smartphone. 

Here endeth the lesson...Have a good weekend!

Tuesday 20 November 2012

2013 FStech Awards: final call for entries

Time is running out to enter the 2013 FStech Awards. Deadline for entries is Friday, 30 November.

The awards, which recognise excellence and innovation in the field of information technology within the UK and EMEA financial services sector, are free to enter and you can put your organisation forward in as many as categories as you wish.

Now into its 13th year, the event will once again be held at the London Lancaster Hotel (on Thursday, 17 April 2013). RBS, Lloyds Banking Group, Deutsche Bank, Bank of America Merrill Lynch, Hastings Direct, Barclaycard/Orange, eToro and BT Unified Trading over the BT Radianz Cloud were among the winners last time around. And I'm sure we'll have another strong shortlist and group of winners in 2013.


Best of luck to all those who are submitting entries!

Monday 12 November 2012

Barclaycard's toy story

If you were watching The X Factor results show last night (I wasn't, of course. I was watching a particularly obscure arthouse movie) you probably caught the new toy themed Barclaycard PayTag ad.

If you missed it, you can view it here.

Good stuff, liked the idea of the toys vying for the guy's attention. And unlike previous contactless ads, this one effectively sells the idea of paying for something with a tap of your mobile phone.

On a final note, Rylan's Spice Girls medley on The X Factor was something to behold. Not that I saw it. Oh no. I'm just going on what I've read on Twitter. Ahem...


Thursday 8 November 2012

iZettle for cash

Swedish start up iZettle's mini chip-card readers can now be purchased exclusively in 297 of EE’s UK stores and from its telesales channel.

The tie up is aimed at the country’s small businesses and tradespeople who will be able to turn their smartphones and tablets into m-payments terminals. Read the full story at FStech Online.

The company arrived in the UK this week, hosting a flashy press event at the Royal Festival Hall to trumpet its partnership with EE. I've just been reading a piece on the launch by BBC technology correspondent Rory Cellan-Jones, which you can find here. Have a look at some of the comments ("iZettle for cash" etc etc). Fair to say that the Great British Public aren't hugely impressed and that they still value cash, as much as the card schemes and banks would wish it otherwise.


Monday 5 November 2012

How Bacon rolls

So, the new Everything Everywhere/Kevin Bacon advert...This launched over the weekend, debuting during The X Factor on ITV to promote the UK’s first 4G mobile and fibre broadband service.

The ad riffs on the infamous six degrees of Kevin Bacon concept and sees the actor telling the audience how he's linked to people from all over the world, including Tom Hanks, Frank Carson and Ken Barlow from Coronation Street. The key message being, you can also be just like him by joining a connected network.

You can view the ad here. At one point, Kev wanders into a pub and tells us that in the future we'll be able to pay for pork scratchings by simply tapping our mobiles on terminals. 'Contactless launching in 2013' then appears on screen in very, very small writing for two seconds. The ad is mildly amusing, I'll give it that, but one thing bugs me. As I watched it, I could picture a bunch of ad execs in a flashy office somewhere in Soho, high fiving eachother, pleased at how terribly clever they are. I know contactless is only part of the proposition but it's a potentially significant part. And this ad does little to communicate the benefits to the man and woman in the street.

Last week at the 2012 FStech/Retail Systems Payments Technology Conference, the chairman, Vendorcom’s Paul Rodgers, commented: “99.9 per cent of the general public don’t know what a digital wallet is. They also think that the contactless logo is a hearing loop sign. A lot needs to be done in terms of education and communication.”

I absolutely agree. Unfortunately, the industry as a whole continues to be stuck in expensive vanity project mode (remember the 'all style, no substance' contactless rollercoaster ad from a couple of years ago?)