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Shaping the future of finance

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What problem does your innovation solve?

I’ve been involved in quite a few conversations recently about the challenge of migrating customers.  Not migrant customers, but migrating customers towards new channels. The fact is that people don’t like change and no matter how much you push new fangled ideas, if the customer doesn’t like it then they don’t like it. Having said…

Does anyone understand their money these days?

We sometimes forget how clued up we are in banking and finance.  In fact, I wonder how often we step out of the world of banking and see things through the eyes of the customer.  Very rarely I imagine, if at all. How often does Stuart Gulliver walk into his HSBC branches and listen to…

Wonga

Bank to the Future: the first crowdsourced investment bank

For some time now I’ve known Simon Dixon, the founder of Bank to the Future.  Bank to the Future aims to be the first crowd sourced investment bank to make a serious dent in the way we look at banking.  Here’s the pitch: After seeing this and thinking about what Simon was doing, I decided…

Simon dixon

Bank to the Future: the first crowdsourced investment bank

For some time now I’ve known Simon Dixon, the founder of Bank to the Future.  Bank to the Future aims to be the first crowd sourced investment bank to make a serious dent in the way we look at banking.  Here’s the pitch: After seeing this and thinking about what Simon was doing, I decided…

Simon dixon

Why VideoBank is the way

I've talked about videobanking for over a decade and then got this infographic and video from iStock today.  Fantastic! Note: there are some videobanks out there!

The rise of video and marketing to the modern consumer – infographic, September 2013

Why VideoBank is the way

I've talked about videobanking for over a decade and then got this infographic and video from iStock today.  Fantastic! Note: there are some videobanks out there!

The rise of video and marketing to the modern consumer – infographic, September 2013

This bank branch is dead … no it’s not! It’s, uh, resting …

I’ve recently seen so many articles about branches and branch closures that it’s worth a blog post, just to keep up with the issue. The first thing that came out was the recent European Central Bank (ECB) data detailing bank statistics over the past few years. From analysing this data, Reuters found that there has…

Branches

This bank branch is dead … no it’s not! It’s, uh, resting …

I’ve recently seen so many articles about branches and branch closures that it’s worth a blog post, just to keep up with the issue. The first thing that came out was the recent European Central Bank (ECB) data detailing bank statistics over the past few years. From analysing this data, Reuters found that there has…

Branches

Talk about customers, not channels

Continuing on yesterday’s theme, I’ve written often about the fact that I do not believe in a multichannel or omnichannel strategy, just a strategy of how to deliver augmented service to the customer at the point of relevance. For me, that is a digitised delivery of service, proactively via my mobile today and soon my…

App

Five payments innovations down under

So I just finished presenting as keynote at CeBIT Australia’s Future of Payments conference, when the day was completed by a start-up challenge (you have a lot to answer for innotribe!). The prize on offer was a free stand at the main CeBIT conference for the winning entry, and five firms were given just seven…

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