Although owned by Royal Bank of Scotland, NatWest isn’t as hated as its parent. Strange, because really NatWest’s no better – some may even say its worse.
I’d like to talk a little about NatWest, but lets concentrate first on RBS as a brand. What can be done with a brand so damaged it’s lost the trust of its market?
I love it when I come across great ideas. Like game changing, eureka moments. But it frustrates me when solutions appear for problems that don’t exist. Take NFC payment systems, for example. A clever use of the tech in our pockets. But who said we had a problem at the cash-out?
We, the consumers don’t. The retailers like the short delay as they get to up-sell. Maybe its the payment system providers who have a problem. Like card fraud?
Here’s the crazy thing about NFC. The security is actually weaker. Much weaker. NFC presents a far higher risk profile than any other system…
I’ve just read a Management Today supplement about West Yorks Fire Service. Remember how Public Service budgets are meant to be getting cut back?
It should have cost a tenth of that – and it’ll only reach 60% of their users…
Now this is going to sound like some obscure, “out-there” philosophical question. But think about it. Is progress slowing down? Imagine the Wright Brothers today, taking that flying contraption to an airfield. Where would they have made it – and would they have been allowed to fly it?
Or imagine James Watt building his steam engine in a lock-up round the corner. Then imagine the local council or police’s reaction to the noise it made!
Have we lost our reckless invention culture – do we just do Internet apps now?
A couple of people recently have asked me if I’m ready yet to give up Windows. With virtual players being offered, it was time to try virtualisation. I’ve just upgraded to Ubuntu 11.04 and with VMWare’s Virtual Player available, now was the time to see what the world of desktop virtualisation was really like. Would virtualisation be the answer to a techy’s dreams?