Turbotodd

Ruminations on tech, the digital media, and some golf thrown in for good measure.

Archive for May 25th, 2011

Bank On The Run

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The Washington Post reported earlier that three of the nation’s four largest banks are about to launch a system called “ClearXchange” that will let customers transfer money from their checking accounts using only a mobile number or email address.

The three banks include Bank of America, JPMorgan Chase & Co., and Wells Fargo & Co., and they expect to add other financial institutions later as they work to build an industry-wide utility for moving money around.

I’ve been with an Internet-only bank since 1996, so for my money, this is long overdue.  Of course, it does beg the question as to how this squares with a service like PayPal.

PayPal being, of course, the e-payments market leader, and which according to this post processed some $27.5 billion (U.S.) in payments in the first quarter.

But enough about money on the move…let’s get Rational for a brief spell.

I mentioned in a prior post that the IBM Innovate software  and systems innovation conference is transpiring in Orlando, Florida, June 5-9.  That’s just around the corner.

You can still register to attend here, and if you’re not sure if you want to make the trip yet or not, try out the sample agenda builder here, which might just tip the balance and send you on your way.

Our world class Rational social media team will be providing expanded coverage of the event this year.  You can follow some of the key social streams (including Twitter, YouTube, and live video coverage via LiveStream) on the IBM Innovate conversations site.

This year, folks can also submit questions for panelists directly from our social spaces for the Day 4 keynote expert panel discussion.

And of course, you won’t want to miss “The Guild’s” Felicia Day, who will be Innovate 2011’s special guest emcee.

In a recent interview with our Smarter Planet blog, Felicia provided a big reveal: Her brother worked for IBM and has been to Innovate numerous times!

Stormy Weather

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I think I can speak for all of us here in the U.S. south and mid-west when I say we’re soooo over this seemingly never-ending storm and tornado season.

I watched CNN with rapt attention yesterday afternoon as the storms made their way through north Texas and into Oklahoma, and was horrified at the funnel clouds dropping left and right.

After the entirely tragic E5 storm that devastated Joplin, Missouri, Sunday, I, like so many, was concerned we would see more of the same through Oklahoma.  It was still bad there, of course, but fortunately not quite that bad.

In the Dallas area, several tornadoes touched down in the metroplex as well, and a couple of funnels dropped but didn’t stick around, near my hometown of Denton.

The Washington Post Capital Weather Gang cites the fact there have been approximiately 1,000 tornadoes this season, nearly 500 perished (with Joplin being the most deadly tornado since 1950 with 122 people dead).

Even worse, technology doesn’t seem to be faring well in terms of prediction.  As Andrew Freedman writes, “this tornado season has obliterated the notion that massive investment in a national severe weather forecasting infrastructure and early-warning network ensures a low tornado death toll.”

There’s likely no silver bullet that will entirely prevent such tragedies, but I like Capital Weather’s suggestion: Follow @capitalweather (or your local Twitter weather-related ID) for breaking weather alerts.

Between that and the civil warning sirens going off, that would be enough to send me running for cover, especially in this insane storm season.

Finally, if you missed the other breaking news today, CNBC anchor and co-host of “Squawk Box” Mark Haines died unexpectedly overnight at his home.

This is truly sad news, as he was a welcome host in mine and so many millions of homes trying to stay abreast of breaking business news.

Thoughts, prayers, and good wishes to the entire CNBC family.  It can’t be an easy day for them to be on the air.

They’ve set up a web page for Mark Haines remembrances here.

Written by turbotodd

May 25, 2011 at 3:30 pm

Posted in weather

Tagged with , , ,

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