Mobile

I blog a lot about the disruptions of new technologies on bank structures, but only in the last few weeks had the chance to reflect upon what this means overall to a bank’s strategy. A bank is a digital business, as mentioned so often before. As a digital business, all banking can be broken down…

I felt vaguely irritated today when an analyst from a major research firm was asked to position why NFC contactless payments haven’t taken off. He said they had analysed the worldwide global market for mobile payments, the demographics of takeup, the likelihood of using contactless payments, the audience for new forms of payments, etc, etc,…

I felt vaguely irritated today when an analyst from a major research firm was asked to position why NFC contactless payments haven’t taken off. He said they had analysed the worldwide global market for mobile payments, the demographics of takeup, the likelihood of using contactless payments, the audience for new forms of payments, etc, etc,…

During the conference yesterday, several presenters used video clips to illustrate the range of mobile payments options there are today. One of the longest and most comprehensive is a reworking of Microsoft’s Retail Banking Vision, which originally focused upon branch automation, to a mobile and branch version produced in association with BNP Paribas. It’s a good…

Another conference focused upon financial innovation today, and all the talk is about mobile stuff, Google Wallets, mobile stuff, Banksimple, mobile stuff and Movenbank. I’m regularly stressing today that we must:: stop talking about mobile; and talk about the point-of-life. First, stop talking about mobile stuff. The fixation with mobile is because it’s finally come…

Whilst Bendigo Bank in Australia is worried about Google and PayPal, Commonwealth Bank responded this morning by launching the first really innovative mobile app for payments that I've seen since BBVA's Strands. The app is called "Kaching", and allows users to pay with NFC and Facebook to almost anyone. On the bank's website, the key…

Whilst Bendigo Bank in Australia is worried about Google and PayPal, Commonwealth Bank responded this morning by launching the first really innovative mobile app for payments that I've seen since BBVA's Strands. The app is called "Kaching", and allows users to pay with NFC and Facebook to almost anyone. On the bank's website, the key…