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About carpetbelly

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  1. If you're gonna do that can I join and bring some cheese?
  2. I could swear you're repeating yourself now... Oh well, the joys of everyone being a critic apparently on the internet
  3. This... done a few bank system implementations in my time and when getting tenders from companies they've always had to recommend what staff would be needed to implement the software roughly. That's added into the costings, PMs, BAs, Testers etc all cost money. And is a big part of any project budget.
  4. that's gone with age? there are pills that can be got to help that pent up feeling again...
  5. now or never... nope. Will it happen, Im gambling on it, but things move slowly especially in banking systems. And as we've seen, how many delays from things like SBI etc. Things never go as well as they plan, I've pulled out enough bank systems and replaced with others to know, it never goes on plan. Never goes to budget. Never goes right first time either. When you have regulators & more importantly customers that will be breathing down your neck. Brand damage implications, i think you'll understand, especially for the big ones, they will move exceptionally slowly and carefully. Take things like the KYC/AML/Sanctions side. That has to be right. If i remember rightly the top 10 biggest bank fines ever were due to KYC/AML and Sanctions items. No bank wants to be hit with those when they range into the billions. IMO it will be slow... Pilots will be extensively run and validated. And staggered roll outs. When all the regulation and testing has shown to be ok. Time wise? Who knows. Unless you know and are involved in the projects I doubt you'd have any clue whatsoever.
  6. She has an awful lot of senior banking expertise, and as others have said very pro xrp. And sadly been attacked a little, but i do like her insights myself.
  7. Id use bitcoin to actually pay for things previously, never even thought about it as an investment (how annoying looking back on it now)... early 2017 i noticed the gains id had in the little amount of bitcoin id been using and thought hmm lets look into this more and what else is out there... given ive worked in banking systems for as long as i dont want to admit to. Granted only recently got more into the payments side and more fin crime than anything else. But at the time i was used to sending money abroad and felt the pain. Saw what ripple was trying to do, and thought well, that makes sense. Why cant money flow like data at teh end of the day most things are stored electronically. Sort out security, regulations and all that malarkey and it just was like yeah, that's where i wanna put some money. At the end of teh day. I just see it as a win for banks. Should make things less complicated, should reduce costs (which they dont necessaryily have to pass all the savings on thus increasing cost/earnings jaws so so speak), be faster, and quite importantly a better customer experience. And given the fact they've been engaging regulators, i thought well, this has to be a gamble but an educated gamble I say.
  8. Hi Bob, Im Gene, Ive worked in banking systems for long enough... If I have an idea, I wont buy a yacht but ill hire one for a party and you;ll get an invite for sure! Thank!
  9. Ahh Pom living in Sydney for like nearly 9yrs now... And yep, the distance left between cars leaves a lot to be desired. Plus does people just sitting in the middle lanes on the motorways... haha. And the amoujnt of times a taxi nearly knocked me off the motorbike>?! I lost count a long time ago...
  10. Eh? QLD drivers are awful though... from my experience :p Then again, Sydney Taxi drivers make grown men want to cry
  11. I imagine that's what Codius is for... If you're going to have a legally binding contract, have it in a smart contract and then when the conditions are met you then have the payment release. That's how I see that part working down the line. But unless im mistaken in what you're getting out there. I dont think it's bad to think about these things. After all, I would imagine regulations and legailities are what's makign things move slower than what most people would like.
  12. @BobWay thanks for signing up and answering questions from people... Ive read through a fair chunk, still got more to go so don't envy you there and going to add to your pile too now From what ive seen before any payment is done (and obviously correct me if Im wrong!) i think there was a call for a kyc/aml check. Now, I assume a sanctions check is part of that. Currently with the swift system, and the fact it's not instant, does give banks time to do due diligence, some manual checks (looking up items in world check and the like) to ensure people/companies etc arent sanctioned entities or people they shouldnt be doing business with. Given currently you get a lot of alerts and hits given it's a lot of fuzzy matching, I can only assume ripple have thgouht of this and what happens in this space with the ripple solution?
  13. Yep, by linkedin he works at santander... in milton keynes where the head office is. And is in financial crime, as such wouldnt have access to equipment to make corporate vids. It' prob his own phone headphones to utilise the mic on them. And also, Im in financial crime side of things. And he's speakign about concerns ive seen and wondered about the last few months. It's very interesting to see where Santander is with this. That all sounds pretty promising and not unexpected.
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