Our favorite banking technology-related blog posts from around the Web (February 28-March 6, 2010):Open Identity Exchange (OIX): The Next Big Thing, or The Next "What was that Initiative Called Again?"
James Van Dyke of Javelin Strategy & Research delves into the recently announced Open Identity Exchange. "We can now wonder if we're finally ready for the inevitable industry identity (III?) standard for how identity records are created, maintained, verified and accepted," he writes. ---
Thanks to recent legislation, limits have been placed on banks' abilities to implement fees. In other industries though, fees are alive and well, writes Celent's Bob Meara. "In light of the moral high ground claimed by some supporters of the proposed legislation, one would think that banks stand alone in an otherwise ocean of fairness and serenity. But, this is hardly the case," he suggests. ---
Forrester's Bruce Temkin discusses how companies like McDonald's work to grow their business by introducing products tailored to specific parts of the world, but under a global brand. "These efforts are not isolated, but represent a move to a strategy called Glocalisation," Temkin explains.