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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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Ron Shevlin is a senior analyst at Aite Group. He specializes in retail banking issues including sales and marketing technologies, customer and marketing analytics, loyalty management, P2P lending, personal financial management, social computing, online banking, customer experience and consumer behavior.
3 posts

Written by  28 Nov 2012 07:56

Five Not-So-Best Practices For Banks On Facebook

While researching an upcoming Aite Group report on What Bank Marketers Should Do With Twitter, I stumbled across an article on Mashable titled 5 Best Practices for Financial Institutions on Facebook (no link deserved). After stumbling across it, I fell face down in the pile of cow dung that the article is. The article list  Continue Reading »

Written by  26 May 2012 08:10

Which Consumers Prefer Credit Unions?

Ever notice how happy a pig in shit is? That’s probably how that saying came about. Well, give me survey data, and I’m happier than a pig in shit. And I’m really happy right now, because the results of a survey of 1,115 US consumers, conducted by Aite Group and BancVue, is sitting on my  Continue Reading »

Written by  02 May 2012 11:24

Gen Y And Bank Branches: A Message For Branchaholics

CU Times reported on a study conducted by Fiserv which found that: Gen Y members do not limit themselves to online and mobile banking — they’re more likely than any other age segment to visit a branch, drive up to an ATM or phone a call center. My take: This is not a cause for  Continue Reading »