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28 Aug 2014 09:33

Regulation: The Mother of Invention?

Banktech reports: Regulation: The Mother of Invention? D+H CEO Gerrard Schmid talked regulation and innovation at his company’s Connections 2014 conference. Source: Regulation: The Mother of Invention?. [Source: Banktech]

28 Aug 2014 09:33

Westpac NZ licenses Moven money management tech

Finextra reports: Westpac NZ licenses Moven money management tech Westpac New Zealand is integrating money management technology from New York-based Moven into its new digital banking platform. Source: Westpac NZ licenses Moven money management tech. [Source: Finextra]

27 Aug 2014 10:05

Westpac Builds Digital Banking’s High-Speed Rails

BTN reports: Westpac Builds Digital Banking's High-Speed Rails Westpac New Zealand is upgrading its data centers, security infrastructure and software development as it seeks to quickly create products for mobile, wearable and other devices. Source: Westpac Builds Digital Banking's High-Speed Rails. [Source: BTN]

26 Aug 2014 09:41

The rise of the Asian superbroker

Bankingtech reports: The rise of the Asian superbroker As the global banks grapple with tides of regulation, fines, and a myriad of other post-crisis issues, local Asian institutions are tooling up and stepping in to fill the gaps. Source: The rise of the Asian superbroker. [Source: Bankingtech]

26 Aug 2014 09:40

Banks and retailers sign on for new Australian Payments Council

Finextra reports: Banks and retailers sign on for new Australian Payments Council Australian banks, retailers and payments specialists have signed on to a new co-ordination body that aims to step up the pace of innovation in the … Source: Banks and retailers sign on for new Australian Payments Council. [Source: Finextra]

25 Aug 2014 09:57

2015 Digital Banking Strategic Planning (part 2)

Netbanker reports: 2015 Digital Banking Strategic Planning (part 2) Continuing on the 2015 strategic planning theme (see part 1: insurance, lifetime transaction archives and subscription fees)….Here are numbers 4, 5 and 6 in my semi-prioritized list of 2015 priorities:_______________________________________4. Small business debt crowdfunding_________________________________________While commercial lending in the United States is… Source: 2015 Digital Banking Strategic Planning  Continue Reading » [Source: Netbanker]

25 Aug 2014 09:55

Buying Stuff Within A Tweet Is Reportedly Coming To Twitter Via Stripe

TechCrunch reports: Buying Stuff Within A Tweet Is Reportedly Coming To Twitter Via Stripe  Soon you’ll be able to buy something straight from a Tweet, if the rumours come true. Tech site Re/code says sources have told it that Twitter is working with payments startup Stripe on the launch of its ‘in-tweet’ commerce project. Twitter  Continue Reading » [Source: TechCrunch]

21 Aug 2014 10:18

This is how PayPal will take over your phone

VentureBeat reports: This is how PayPal will take over your phone PayPal and Braintree are finally bringing the magic of Venmo Touch to PayPal transactions. Source: This is how PayPal will take over your phone. [Source: VentureBeat]

21 Aug 2014 10:16

Wells Fargo to invest in fintech startups through accelerator

Finextra reports: Wells Fargo to invest in fintech startups through accelerator Wells Fargo has become the latest bank to launch an accelerator programme, promising mentoring and hard cash to selected fintech startups. Source: Wells Fargo to invest in fintech startups through accelerator. [Source: Finextra]

21 Aug 2014 10:16

Geezeo, MEA Form Strategic Parternship

Banktech reports: Geezeo, MEA Form Strategic Parternship The two companies share a variety of common clients. Source: Geezeo, MEA Form Strategic Parternship. [Source: Banktech]

By , 27 Aug 2014 10:00

Will Innovate Finance Make London the FinTech capital of the World?

Earlier this month Innovate Finance was launched to “accelerate the UK’s leading position in the global financial services sector, by directly supporting the next era of technology-led financial services innovators.” The industry body was launched by George Osborne, Chancellor of the Exchequer and industry heavyweights such as Deputy Head of Level39 Claire Cockerton and, Alastair  Continue Reading »

By , 31 Jul 2014 05:59

The Future of Banking is Responsive

Historically speaking bankers have not been at the forefront of innovation. In fact, the current generation of banking executives was starting their career in the days when people still went to a branch to get cash from a teller. A lot has changed since then. Banks need to fundamentally evolve their business model from a  Continue Reading »

By , 01 Apr 2014 08:16

3 Moments that Can Make or Break a Banking Customer’s Experience

Exceptional and unforgettable Moments of Truth fuel customer delight and loyalty. So too do pointless and broken interactions douse brand devotion. Unfortunately, disappointment carries more weight. Research undertaken by Richard Normann several decades ago revealed that it takes twelve positive Moments of Truth to recover from one failure. Knowing this, it makes sense to prioritize  Continue Reading »

By , 04 Mar 2014 03:51

Youngest Banking Customers Want More Mobile and Online Banking

With more than 317 million people living in the United States, it’s easy to assume that banks have an infinite supply of consumer markets to chase down prospective business. Though conventional services and amenities, like free checkbooks and neighborly customer service, are some banking perks that customers have come to expect, a new set of  Continue Reading »

By , 25 Feb 2014 11:24

Finovate 2014: The Eye of the Digital Storm

At Finovate Europe, I had the opportunity to be in ‘the eye of the current digital storm’, which gave me a chance to reflect on digital transformation in the industry today. To my surprise, I only met a few bankers and a handful of insurance people at the event. It was difficult to believe. I  Continue Reading »

By , 07 Feb 2014 04:14

Chasing Finovate: The Bank Innovators Council

We sat down with veteran banker and FinTech innovation evangelist JP Nicols to find out more about his latest initiative: The Bank Innovators Council, a membership organization by bank innovators for bank innovators. The Council will be holding its Bank Innovators Lab Day immediately after FinovateEurope, with headliners including Brett King and Mariela Atanassova. There  Continue Reading »