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3665 Results from /retail

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

'We're a bank. We don't suck' - The Twitterview Transcript

Finextra held court for a much viewed Twitterview yesterday with soon-to-be launched US retail bank, banksimple. Once launched, banksimple plan to offer individual deposits to US customers as well as small amounts of credit. There will be no branches and no hidden or complex 'fees' because "Banks can make plenty of money from net interest marg...

/retail Social Banks

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

'Branches are an anachronism' The banksimple Twitterview

Finextra held court for a much viewed Twitterview yesterday with soon-to-be launched US retail bank, banksimple. Once launched, banksimple plan to offer individual deposits to US customers as well as small amounts of credit. There will be no branches ("Branches are an anachronism") and no hidden or complex 'fees' because "Banks can ...

/retail Social Banks

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Wow, cool tech - but does it pass the 'bum' test?

I'm been writing (and now video-ing and webcasting) about the non-cool side of technology for 16 years. (sorry, guys I love single dealer portals and real-time messages buses too, but they're not making it to cover of Vanity Fair any time soon). I've never been to Comex, never been to Silicon Valley, and have never been given a cool new gadget to r...

/security /retail

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Do banks do what they are supposed to do? - the Twitterview

The Tweet-universe demanded it, so ... it's back, the Finextra Twitterview. This time we will be Tweeting with Josh and Shamir at banksimple - a new retail ‘main street' bank due to launch soon in the US. When: March 17, 2010 12:00 EDT (16:00 GMT) Where: Follow @Finextra and @banksimple Hashtag: #finxlive The whole philosophy behind banksimple,...

/retail

Retired Member

Retired Member 

Mobile banking technology challenge: Apps are coming up

I stated in my blogpost in October, 2008 : HTML (browser based) won the technology challenge for mobile banking. It seems to be true for the majority (65%) of the mobile banking users in the US, according to eMarketer study, this February. However we can see that the big phone manufacturers are just launching their copy of Apple AppStore: Blackber...

/retail Finance 2.0

Retired Member

Retired Member 

Checklist Item 4: Get KYC started with segmentation.

I think one cannot overstate the importance of customer segmentation. Unfortunately, banking segmentation has remained largely unimaginative, with customers being grouped together based on the size of their accounts. While numbers are important, they do not paint a complete or nuanced picture of the customer. True customer understanding comes from...

/retail

Paul Penrose

Paul Penrose Head of Research at Finextra

Finextra's Best of the Web

Good news for all you news junkies out there. Finextra has introduced a new 'Best of the Web' news feed to sit alongside our regular output of breaking stories from the world of fintech. Much like our Best of the Web blog feed in the Community section (which aggregates content from 21 leading third party blogs), the new service tracks interesting ...

/retail /wholesale

Elizabeth Lumley

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

EBADay 2010 - Luxembourg, here we come!

Finextra HQ has been a hive of activity around planning the upcoming EBADay - to be held on the 26th and 27th of May in Luxembourg. Registration is open and the agenda has been set. It should not be a surprise to many that this year the focus will be on the Single Euro Payments Area (Sepa) as well as the Payments Services Directive (PSD) and Sepa...

/payments /retail EBAday

Steve Scott

Steve Scott Senior Product Manager, Business Banking at Temenos

Are Banks nervous about Banking Apps?

I downloaded the NatWest iPhone App recently and at first thought it was just great, but now I'm getting bored with it. Presentation is fine, navigation no problems, but functionally it now seems lacking. I want it to do more, I want to be able make payments, account transfers, edit standing orders etc. I also want to do the same with my accounts...

/retail

Paul Penrose

Paul Penrose Head of Research at Finextra

The ATM was the last great financial innovation

How do you define innovation in finance? Are we talking about the creation of new synthetic debt instruments, famously decried by Warren Buffet as "financial weapons of mass destruction". Or should we be looking at tech or service-led innovations that have contributed to the social good. The reason I ask is because MIT has just published ...

/retail /wholesale Finance 2.0

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