Digital "Fluffy" Banking

Digital Banking seems to be the new buzz word these days. I love buzz words; they are necessary distractions in the agonizing world we live in.

But what’s digital banking? Nobody seems to know. Just like those mischievous boys in the bible – customer service we know, value for money we know but what the heck is digital banking?

A thousand definitions exist but basically everything points to a fancier electronic banking services.

Maybe people need to understand what we customers need.

We don’t need pretty names or fancy titles. We don’t care if you are a tier 1 or tier X bank. We don’t care if you are a boutique bank and cater for some fancy niche. We don’t think about innovation. We just want the damned services to work and you not to fleece us while at it. When things go wrong let us know. When our money is missing return it before we squeal. When we visit your branches or call, treat us like royalty.

You want to know what customers really want? Check here.

Damn it! Do you guys get it now? To hell with electronic and digital banking.
My bed has 3 wrong sides and just a good one, which incidentally is the side against the wall. I couldn’t get off from that good side this morning.

Goodbye Hard drives but I won’t miss you

I just read an article where experts said price of SSD will continue to fall. Sincerely that’s the most stupid statement I have read in months. It’s like saying the sun will rise tomorrow morning.

SSD, which is an acronym for Solid State Drive, is basically a bigger USB drive shoehorned into the size of hard disks so they can fit into the same compartment. It’s a means of deceiving computers that they are HDDs but just magically faster. You can read more about SSD here.

I use a Dell Latitude E6540 and a MacBook Pro (which has refused to leave its original packing, tear nylon!). The Dell is one dog of a laptop. It’s big, ugly, heavy and very slow. I was almost gearing to use it as a self-defense tool when I finally got an epiphany that maybe the hard drive may be begging to retire. So I got a Samsung (or was it San Disk) SSD and plopped it in. Whoa, never seen such a transformation. Oh, yes, it’s still big, ugly as sin and very heavy but slow isn’t a word to describe it. After all, a pig with a lipstick is still a pig, albeit a pretty one.

Enough of my katzenjammer!

I have become an unrepentant evangelist of SSDs. I now approve it as replacement drives for my colleagues because, ding dong, it’s affordable. At the last check, a 240GB SSD cost around N35K.

Now for those who have some interest in electronics, trended over a period of time, the price of devices is always inversely proportional to the performance. If this law holds true, SSD will get cheaper and cheaper until it finally supplants hard drives. I have watched this trend for a while and if things go at the rate it’s going, then by 2018, hard drives may become what people do – drive hard!
However other schools of thought think that SSD may never catch up with HDDs in performance but I know that as long as the price is reasonable, the performance of SSD will always bitch slap HDDs any day or time.

So far the consumer SSDs have been coming in the HDD form factor but why should it? New computers are going on sale with SSDs soldered directly on the motherboards which is giving rise to skinnier and sexier laptops.
And it doesn’t stop there.

The IDE and SATA interfaces are hogs, slow and annoying. A prehistoric interface protocol. So guys at FusionIO turned everything on its head – they started putting storage on the PCIe bus, right within server innards. The benefit is that the processor can reach the drive as fast as it could reach the memory. The devices are not for small children though – a typical 2.4Tb bundle will set you back about $28,000. With that kind of price, I will rather save my documents within 2B exercise books.

Back to saner shores.

SSD can transform performance of anyone. It could mean the difference between a good day or a bad one. So let’s do it!

Para-addiction is the excuse for my love handles!

Addiction kills. Slower than a speeding bullet but not less painful.
I usually talk about tech, science and other random financial stuff but then I’m free to rant about anything I want, don’t i?

So here’s the gist for today – I’m looking for a very good excuse for not hitting the gym or scorching the jogging trail. I have tried to cajole myself, bought running gears, etc. But after few attempts, I simply discard my feeble efforts and move on. I have run out of excuses but trust Íjésá man like me, I need to pin this on someone or something. Whatever!

Am I undisciplined? Maybe not: I start my meetings like clockwork; stick to proper routines; some habit are even like rituals but still I still can’t break the exercise jinx.

The sad thing is I know that exercising is good for everyone and especially for me. Fitness is very important for good health; I’m constantly embarrassed how I puff like a Volkswagen diesel car every time I run up the stairs to do my daily ward round. My colleagues must be ashamed of me.

Fitness aside, exercising tones the body; nothing beats a flat tummy. Except maybe 6 packs but then that’s even asking for too much at this age of mine.
I guess quite a lot of us can identify with my personal demon but is this unique to exercising? Probably not. It seems almost every good thing we need to do always require so much stress and it’s never easy – getting to work on time, reading for exams, self-development, saying no to Coldstone ice cream, etc. We know they are good, even necessary to keep us alive but then we can’t just do them or keep at them.

This sounds familiar! Anyone who’s read or dealt with addiction knows how tough it’s to get off a bad case. In fact some addictions are so bad that they are physiological; if you stop using the drug you probably gonna fall down and die. Ok, not that dramatically but you are gonna die painfully.
By the way, we shouldn’t confuse addiction with OCD. You can read about the differences here, here and here.

So it got me thinking that maybe the portion of the brain that gets messed up (the reward system) when you get on an addiction train could also be responsible for you not doing what you need to do. It sounds stupid but then electrons and positrons are stupid too.

In fact, the following is a direct quote from Harvard help guide:

In the 1930s, when researchers first began to investigate what caused addictive behavior, they believed that people who developed addictions were somehow morally flawed or lacking in willpower. Overcoming addiction, they thought, involved punishing miscreants or, alternately, encouraging them to muster the will to break a habit.

Many of my friends and family have pushed me, threatened me (that doesn’t work) or enticed me to pick up one or two good habits but it just never works. I subsequently get labeled as difficult or proud. One of my sisters once called me a peacock even though I only wear white shirts and black ties all because I wouldn’t do what she “rightly” suggested.
This is something I have interest in and may read more scientific papers. Trust me, some mad hat scientist may have figured this out. But for the time being, let’s call the name para-addiction and I can at least satisfy the itch to write something today.

The Rise of Killer Smartphones

It seems Nigerians, like most Americans, are missing out on an interesting revolution happening out there in the smart phone universe. But then, if you stood on a rail track with your Beats headphones on and oblivious of the rushing train, does it make you safer? Or maybe an ostrich, with its head planted in the sand and nice rump in the air, wouldn’t know that it’s about to get bitch slapped.

That was a digression. It seems I can’t keep a conversation without drawing a wonky line.

I remember vividly how Blackberry sneaked on Nokia and ate its breakfast. Then Android + Samsung ate Blackberry’s lunch. Seems Samsung is going to be hungry tonight because two bad ass boys are around the corner, but the demolition promised would upend everything.

Quite a number of smart phone makers are all over the world with most around the middle kingdom but the cachet that Samsung and Apple have over everyone has been selling high-end phones: powerful chipsets, stunning graphics and expensive clothing. Of course, the price of this phone can buy about a third of a Tata Nano.

Here comes in Xiaomi. A recent entrant into the smart phone arena and in a few months have rocketed to number 3, sniffing annoyingly at Samsung backside. It’s on track to sell 100M smart phones in 2015. What’s the trick? High-end phones at knockoff prices. What’s their game? They want to take over the world, that is, do bloodletting with Samsung then come back and earn some money.

You wonder if a business can survive without earning a decent profit? Yes. Amazon!

So far it seems to be working and investors are pouring in more cash than Hurricane Katrina.

This would have been perfectly OK if another Chinese ain’t doing same. OnePlus is just a year old as a company and wants to push out about 5 million phones this year at cutthroat prices but with hope to make money on services.

Of course, the gloomy pictures I just painted is for the like of Samsung to brood over. As far as consumers are concerned, they could slug each other to death.

By the way, when are we getting a mobile phone with 8GB RAM and 48 hours battery?

The strong also fail and it’s no big deal

Sometimes you just need to know when to call it quits. Does that make you a loser? Hell no! Or maybe. You can’t be sure until it’s all over.

The way it is, the most important thing is to win the war but you may lose some battles or side street skirmishes in the interest of overall success of your military or career campaign.

Some stories come to mind – Apple dropping Ping, a social network (I wonder if any of you know about it) like a bad habit when it wasn’t going north. Microsoft quarantined Nokia like a virus and took a $7.6B haircut while at it.

Recently, the folks at Google had a serious heart-to-heart talk with each other and decided that Google+ should go the way of the dodo. Starting weeks ago, Google+ is getting kicked out of Google assets, inclusive of YouTube were forcing users to have a Google+ accounts has drawn backlash.

Which comes to a critical question – how do you know when to throw in the towel and declare the current adventure dead or push through and succeed? The world is replete with anecdotes of people who succeeded despite odds stacked against them. Same world is also replete with anecdotes of those who didn’t pull back on time.

Sometimes life feels like a coin toss with two heads or two tails. The luck isn’t in the spin, it’s in the pick.