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21 hours ago

Five Ways Video Can Extend Bankers’ Brains

Banktech reports: Five Ways Video Can Extend Bankers' Brains Here’s how video can make bankers more knowledgeable and agile in their day-to-day interactions. Source: Five Ways Video Can Extend Bankers' Brains. [Source: Banktech]

21 hours ago

Ally Bank’s Mobile Strategy

Banktech reports: Ally Bank's Mobile Strategy The direct bank uses the mobile channel as one of the primary ways to maintain its financial relationship with customers. Source: Ally Bank's Mobile Strategy. [Source: Banktech]

18 Apr 2014 10:59

Improving Security In the Fast-Paced World of Mobile

Banktech reports: Improving Security In the Fast-Paced World of Mobile Looking at the biggest threats banks face in mobile with BITS’ security expert Jim Pitts. Source: Improving Security In the Fast-Paced World of Mobile. [Source: Banktech]

18 Apr 2014 10:58

Banks Add Mobile Money Management to Attract Millennials

BTN reports: Banks Add Mobile Money Management to Attract Millennials Banks are aiming to add personal financial management features, including goal-based savings vaults and cash flow forecasting, to standard banking apps like mobile check depositing. Their goal: Turn Gen-Y into a loyal client base. Source: Banks Add Mobile Money Management to Attract Millennials. [Source: BTN]

17 Apr 2014 10:59

Chinese Web giant Baidu launches mobile wallet

Finextra reports: Chinese Web giant Baidu launches mobile wallet Search engine provider Baidu has become the latest Chinese Web firm to move into the mobile money arena, launching a payments and wealth management … Source: Chinese Web giant Baidu launches mobile wallet. [Source: Finextra]

17 Apr 2014 10:59

Qapital takes PFM to the next phase with proprietary account integration

Finextra reports: Qapital takes PFM to the next phase with proprietary account integration Swedish financial management start-up Qapital is preparing to launch in the US with a service that enables users to track their spending, set savings … Source: Qapital takes PFM to the next phase with proprietary account integration. [Source: Finextra]

16 Apr 2014 09:10

Westpac Aims to be First to Unlock Mobile Apps with Fingerprints

BTN reports: Westpac Aims to be First to Unlock Mobile Apps with Fingerprints The cutting-edge bank — it already offers smart watch apps — is testing the technology on its employees’ mobile devices and, if all goes well, it plans to roll it out to its customers by late summer. Source: Westpac Aims to be  Continue Reading » [Source: BTN]

16 Apr 2014 09:09

The London Fintech Boom — TransferWise And Others Hit Record Numbers

TechCrunch reports: The London Fintech Boom — TransferWise And Others Hit Record Numbers  Slowly but surely a revolution has been taking place in financial technology, or fintech as we call it these days. These days fintech’s hottest sphere is not in Bloomberg terminals but in disruptive cloud startups, using the Internet as a route around  Continue Reading » [Source: TechCrunch]

16 Apr 2014 09:09

ANZ chief Smith puts social media at the heart of the bank’s future strategy

Finextra reports: ANZ chief Smith puts social media at the heart of the bank's future strategy ANZ chief executive Mike Smith has committed to making social media engagement and digital services a “key business priority” for the Australian bank … Source: ANZ chief Smith puts social media at the heart of the bank's future strategy. [Source: Finextra]

15 Apr 2014 09:13

Are ATMs the Right Channel for Serving the Underbanked?

BTN reports: Are ATMs the Right Channel for Serving the Underbanked? The ATM Industry Association is examining ways the machines can be used to better reach lower-income consumers. Sending money to someone, paying bills, and loading a portion of a check onto a prepaid card are among the types of transactions the group is envisioning  Continue Reading » [Source: BTN]

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Payments geek, innovation practitioner, startup amateur. Innovation manager in respect of remote channels strategy and emerging payments platforms. Honed knowledge and skills on mobile payments and proximity payments schemes for several years, offering advice on traditional (ATM, Internet) and new ways of offering transaction services to top-10 banks in Russia.
9 posts

Written by  12 Mar 2013 09:47

Banks need to start seeing themselves as consumer experience agents

This blog’s author starts to be confused on how many occasions already did he tried to make a point on banks managing the consumption experience, rather than money of consumers – the role they have been specializing over the last several hundred years. Emerging from the dawn of Mediterranean commerce, retail banks of our time  Continue Reading »

Written by  19 Dec 2012 10:47

Sberbank buys Yandex Money as part of its ecommerce / payments and “big data” push

So it happened: Sberbank has today formally announced it is entering a strategic partnership with Yandex Money, meaning it is acquiring a majority share of a leading epayments / emoney company, sprung to life by Yandex, world’s leading cyrillic search engine. Now, one “big data” search company hands over a payment service to another company  Continue Reading »

Written by  25 Nov 2012 04:56

Sberbank announced plans to move to chip-only cards

Sberbank, Russia’s (and CEE region) biggest bank, with over 72 million active cards  as of first half of 2012, announced earlier this month, that it is considering to move all issuance to chip cards and discard magstripe-only cards. The reason for this is a surge of skimming – that tripled from last year for Sberbank  Continue Reading »

Written by  15 Jun 2012 03:06

Social media cases for Russian banks: hits and misses

Social media for banks is the latest darling – interviewers question and try to crunch down the number of banks’ social media teams and comments going their way, to inquest on banks latest “social initiatives” – and banks all are trying to invite as many “likes” on their Facebook and other social networks pages –  Continue Reading »

Written by  28 May 2012 10:38

Some banks play it different… by launching Angry Birds on their cards’ backs

Competition in retail banking has probably never been so intense. Commoditizing commissions, new non banks players disrupting income value chains – channels proliferation makes it all harder to convey a consistent image to a customer’s mind. Yet what about his heart? Banks are more responsible for breaking peoples hearts, than that of warming them –  Continue Reading »

Written by  27 Apr 2012 09:12

Punkmoney: a currency system for a ubiquitous Web society

I’ve first met Punkmoney concept and its principal founder, Eli Gothill, at the Digital Money Forum 2012, and I can’t help falling in love with the concept: the system allows a user to issue money in a form of favors that he gives to other people who are all users of Twitter – so that  Continue Reading »