Finance 2.0

A community for discussing the application of Web 2.0 technologies to financial services.

Retired Member 

Does speedy customer adoption matter to the Google Wallet?

Google is currently considering new ways to drive further adoption of its payments Wallet in the US, with Bloomberg suggesting that the company is planning to share revenue with carriers such as Verizon Wireless and AT&T to encourage their customers to embrace the new payments technology. Other high profile partnerships in the mobile payments ...

30 March 2012 /payments

Retired Member 

Did I really just hear that?

My top five annoying office phrases that kill your company culture… 1. We are a strong follower This is the perfect cue to exit the office immediately. What does this even mean? How can you be a strong follower? A weak follower makes more sense. What this phrase really means is that your company is afraid to make decisions and be bold with its...

26 March 2012 /retail

Retired Member 

Will the UK sprint ahead in the mobile FS race?

Statistics from Nokia indicate that the average mobile phone user reaches for their mobile phone 150 times per day, highlighting that more than ever before consumers are relying on their mobile phones in every walk of life. Just as people organise their diaries, manage their emails, and surf the internet via their smartphones, it is inevitable th...

20 March 2012 /payments

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Banking lets all the 'fun fashionable' stuff happen

OK, so some of you may know I spoke at SXSW in Austin, Texas on Monday. But before I get into the gist of what I talked about - I attended three panels - all looking at various angles on the theme of money. Taming the market in your pocket Credit Coins Cash: Social currency and Finance 2.0 The Future of Money As you can guess, most of the panels...

16 March 2012 /payments /retail

Retired Member 

Twisting by the pool

The popularity of shared resource pools in banking over the last decade has been astonishing. Some banks have resource pools for every major job function. Creating groups of the same skillset was supposed to improve efficiency and increase individual output. If workers are doing more, you need less of them, so it was a simple method for reducin...

12 March 2012 /retail

Retired Member 

Don't Go Chasing Waterfalls

In business we all know there is a very fine line between success and failure. An organisations ability to deliver is often the one crucial difference between the two spectrums. With project delays being such a common occurrence in the banking industry, why do most banks persist with sticking to a standard waterfall delivery methodology? Waterf...

05 March 2012 /retail

Retired Member 

Pingit - a giant leap or a small step ??

The recent launch of Barclays’ new Pingit app is another significant milestone on the road to true mobile money, taking consumers one step closer to using their phone as their wallet. While many other banks are working on similar schemes, Barclays has taken the market by surprise with its timing. Going solo on a big innovation like this is a bold a...

20 February 2012 /payments

Retired Member 

Up your mobile game or face customer churn

As moves to make account switching easier draw closer (D-day for regulation to come into play is currently September 2013), the Payments Council has published a report confirming the consumer demand for a more simple way to move from one current account provider to another. There are many fables about consumer reticence in changing their main bank...

06 February 2012

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Don't you know who I am?!

No, this isn't a blog about that jobsworth bouncer at a Toronto bar who tried to stop me entering the Misys party at last year's Sibos (However, I did say 'I'm sooo Tweeting this!', before my colleague intervened - oh the shame....) Anyway, I attended the always entertaining CSFI/Visa Europe roundtable last Thursday on digital identity. The meeting...

01 February 2012 /security /retail

Paul Blank e-Trading Solutions at TradAir

Optimising performance of single-dealer platforms

Many of the posts in this blog quite rightly focus on how single dealer platforms (SDPs) solve the problem of delivering compelling business workflows to clients right across the trade life-cycle. And why a well researched and intuitive UX design, is so critical to the usability of the platform by end users. However, perhaps we don’t talk here eno...

23 January 2012