Community

A good move for both companies. Temenos is coming to America. Get ready Fiserv, Jack Henry and D&H. 

Brett, what I see is banks are so confined by legacy that they cannot get to the future. Core banking systems that were built 10 to 20 years before the internet, a branch network that drove sales, and banking executives that talk about change and technology but inertia overrides progression.

When was the last time anyone said, "the banking industry is progressive and risk tolerant"? Long live the legacy of banking as they watch their customers move to more nimble solutions.   

Fidor has changed the way social is used and the community it creates. Social media has a place, but not simply as another channel pushing a one-way bank marketing message.

Social media represents an "opportunity" to change a banking business model and connect deeply with its customers.