Thomas Bostrøm Jørgensen, CEO of mobile payments and financial solutions firm Luup, presented at the FSClub the other day. He spun an interesting story, particularly around the tripartite models emerging of mobile financial services, where they are either bank-led, carrier-led or a bank-carrier partnership. The latter is probably harder than the other models, as it…
For a while now Monitise, the mobile payments processing firm, has been researching views on the future of banking with the Future Foundation, part of Experian. Their objective is to find out how our relationship with money is changing and to understand how the culture of money will develop over the next few years. The…
For a while now Monitise, the mobile payments processing firm, has been researching views on the future of banking with the Future Foundation, part of Experian. Their objective is to find out how our relationship with money is changing and to understand how the culture of money will develop over the next few years. The…
For a while now Monitise, the mobile payments processing firm, has been researching views on the future of banking with the Future Foundation, part of Experian. Their objective is to find out how our relationship with money is changing and to understand how the culture of money will develop over the next few years. The…
Just noticed a new series of adverts for the UK's Natwest Bank and their new iPhone app: Helpful iPhone Banki..Watch the ad… The ads played heavily across the UK mainstream TV networks last week. Very good. Press release is available here, and more on mobile at Natwest … … meanwhile, download the iPhone app for…
My good friend Conny Dorrestijn shared this article she wrote on teenager's views on money and banking. I thought it so good that it's worth sharing here: Sitting in the hotel bar of a conference I recently attended on payments, I pondered with my colleagues “Are we sure we are really building the payments infrastructure…
My good friend Conny Dorrestijn shared this article she wrote on teenager's views on money and banking. I thought it so good that it's worth sharing here: Sitting in the hotel bar of a conference I recently attended on payments, I pondered with my colleagues “Are we sure we are really building the payments infrastructure…
Just found a few numbers on mobile money users and thought it worth sharing: The market for mobile applications, or apps, will become "as big as the internet", peaking at 10 million apps in 2020 according to Symbian. CGAP produced a recent survey on Financial Access and found that there are 6.2 billion bank accounts…
Here’s a summary of the presentation I gave at the conference this week. The headline is that the traditional model of banking is dead, long live the new bank model. The dead model is the one where 80% of costs of retailing are in stores (branches). Branch based banking is dead. Branches are not dead…
Here’s a summary of the presentation I gave at the conference this week. The headline is that the traditional model of banking is dead, long live the new bank model. The dead model is the one where 80% of costs of retailing are in stores (branches). Branch based banking is dead. Branches are not dead…
