In this world of choice that emerges from the integration of new technology models and old financial models, we see hybrid systems emerging that bring together the best-of-the-best. A great example was announced today, as Metro Bank and Zopa join forces. The deal allows deposits from Metro Bank retail customers to use P2P lending as…
One of my good connections via social media is Huy Nguyen Trieu. Huy writes a regular blog at Disruptive Finance, as well as being a Managing Director for Macro Structuring at Citi. He posted something in the last week that I felt was worth re-posting here as a guest blog. Read and weep. If you can’t…
There’s an interesting debate about blockchains, sidechains and identity taking place that is emergent right now but, soon, will be mainstream. For those who are unclear about these things, blockchain is the technology protocol invented by Satoshi Nakamoto with bitcoin, although it doesn’t have to be based upon bitcoin. The blockchain allows you to create…
I’ve written quite a lot about my disdain for the use of the word channel, multichannel and omnichannel, and some people asked me: so what should we call it then? I’ve written about this too but, to be exact, we should call it Access. Augmented Access, Proximate Access, Intelligent Access or whatever phrase you want,…
I just sat through a nice presentation from Cognizant President Prasad Chintamaneni at the CEB Summit in Boston … … and was pleased to see others referring to channels and front-end investments as sticking lipstick on a pig. Something I’ve been saying for a while, as you have to re-engineer the core to be fit…
Just to finish off my contention that banking is not being disrupted, just evolved or adapted if you prefer, it’s worth a thought about what would it take to cause a disruption. First, I don’t think of disruption in a dictionary sense but in the sense that Clayton Christensen meant it in the book The…
Quite often, with attribution, I let other websites cut and paste this blog onto their own. American Banker did that recently but changed the title of the blog from The reports of my bank's death are greatly exaggerated to Like Airlines and Pharma, Banking’s Too Big to Disrupt*. In so doing, the intent of the original…
