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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]

19 Aug 2014 09:22

UK banks in danger of falling behind warns study

Bankingtech reports: UK banks in danger of falling behind warns study UK banks may lose out to nimbler competitors if they don’t modernise their systems and update their infrastructure, according to a new reporting by research house TechMarketView. Source: UK banks in danger of falling behind warns study. [Source: Bankingtech]

18 Aug 2014 10:30

Three Trends That Will Make A Difference In Mobile Payments

TechCrunch reports: Three Trends That Will Make A Difference In Mobile Payments  In the summer of 2008, I was in Paris delivering a mobile payments presentation to the CEO of a French bank. At the end of the meeting, he asked me when we would see more than 50 percent of retail payments transactions in  Continue Reading » [Source: TechCrunch]

14 Aug 2014 09:39

Humin, The App That Organizes Phone Contacts By How You Know Them, Is Now In The App Store

TechCrunch reports: Humin, The App That Organizes Phone Contacts By How You Know Them, Is Now In The App Store  Humin, the app that aims to replace your iPhone contacts app is now in the App Store. Will.i.am, Richard Branson and Angry Birds creator Peter Vesterbacka were all part of the private beta launch a few  Continue Reading » [Source: TechCrunch]

14 Aug 2014 09:25

Open plan development: collaboration in retail banking

Bankingtech reports: Open plan development: collaboration in retail banking One of the most distinguishing features of the current wave of financial innovation is how the innovators are often not banks, but small fintech firms often led by former bank employees. Source: Open plan development: collaboration in retail banking. [Source: Bankingtech]

13 Aug 2014 11:17

Can Technology Serve as a Positive Disruptive Force in Banking?

Banktech reports: Can Technology Serve as a Positive Disruptive Force in Banking? Regulation inhibits the adoption and use of technology in its most disruptive form. Source: Can Technology Serve as a Positive Disruptive Force in Banking?. [Source: Banktech]

13 Aug 2014 11:17

Credit Unions Fill In The Void As Banks Tighten Rules

PYMNTS reports: Credit Unions Fill In The Void As Banks Tighten Rules If consumers get upset with their banks as rules tighten, will credit unions benefit? Credit unions are arguing that they will—and already are. “Over the past few years, the credit union memberships have been on the rise. Credit Union National Association (CUNA) chief  Continue Reading » [Source: PYMNTS]

13 Aug 2014 11:17

Can 155-Year-Old Vendor Lead the Way on Branch of the Future?

BTN reports: Can 155-Year-Old Vendor Lead the Way on Branch of the Future? Diebold, best known as an ATM manufacturer, is rebranding and diversifying itself and promoting its consulting services on a popular banking topic: how to redefine branches as sales and service hubs. Source: Can 155-Year-Old Vendor Lead the Way on Branch of the  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 »