So powerful is the internet that to some people WWW is not just an acronym; it has become a concept with broader meaning.

Recently I was approached by a finance magazine in China to give a presentation on ING and its views as regards the role of IT in financial services. As I am very passionate about the WWW side of our business lines, the topic is something I looked forward to discussing.

While creating the presentation for the panel discussion, I found that I could share my views with a broader audience with an interest in this topic, and that we are moving into an environment where every organisation and person could be enabled.

I conclude in the presentation that winners in the banking space will be extensively e-enabled, EEE, which is possible through the WWW. As good examples of today’s winners I mention PayPal and ING Direct.

Looking ahead, a future high potential financial business opportunity could be built on the mobile phone IT infrastructure. For example, take a look at Obopay website for how peer-to-peer financial mechanisms could work.

Feel free to read or download the presentation and share your comments Anytime, Anyplace, Anywhere (on the blog…).

JK