Finance 2.0

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

Retired Member 

Be alert!

How should you talk to your customers? Your customers are busy and yours is not the only application or relationship they use. They are bombarded with information, offers and advice. So how should you talk to them? A popular communications channel is push notifications, and they are becoming ever more ubiquitous. But do they provide the communicat...

10 April 2017 /retail

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

What type of FinTech'er are you? Take the Quiz!

No one is talking about Tech these days without talking about FinTech, or financial technology to you. There are funds, accelerators, startups galore in this space. But where do you fit in? But what type of FinTech’er are you? Well, take the quiz and find out! Banks and bankers are: Lovely people, lots of fun - do you know the person in charge of ...

21 August 2014 /startups

Elizabeth Lumley Global FinTech Commentator at Girl, Disrupted

Everything is FinTech awesome!

Ok - so, those of you who follow me on Twitter know that we supplied our nine year old son an Osper card - which is a pre-paid MasterCard for youngsters. He’s been busy frittering away a year's worth of Christmas and birthday money. Oh well. One of his many purchases was a copy of The Lego Movie. So, I have now seen this movie 400 times and I can'...

15 August 2014 /startups

Mukesh Gupta Director at SAP India Pvt ltd

Is Banking now a Commodity Service?

If you happen to notice of late, all banks now have been relegated to a commodity status. It doesn't matter which bank you want to do business with, you will find that all of these banks offer very similar services, with very similar fees. We can use our ATM cards on the ATM machines of any bank. All banks offer internet banking, some easier to u...

27 May 2014 /retail

Brett King CEO & Founder at Moven

Why Square Wallet failed, and why Coin card is next...

Square's recent troubles are not exactly a secret. Wall Street Journal published a detailed analysis on the 21st of April this year, detailing Square's financial troubles and their rapidly shrinking cash position. Square took on a $100m debt financing option earlier this year, but even with that option, WSJ and The Verge reported that they only h...

13 May 2014 /payments

Retired Member 

Six little fields; Why not set them free?

I wonder what would happen if every financial service organisation in the world was required to make just six little fields of data available to customers in an automated and open standard automated feed that they could use how and where they see fit. The Six Little Fields, The key day to day transactional data of all the products mentioned above ...

19 July 2013

Retired Member 

Self-Service to Selfless Service

This is a very difficult for me to say… …we have had a really good run together…but it’s time… …it’s time we moved on…I need a break… …it’s not you, it’s me... …I have new needs… …I am no longer interested in self-service…I just want selfless service… It’s finally time for banks to end their obsession with self-service. The addiction to cost re...

16 May 2013

Retired Member 

Innovate or die?!

“Innovate or die” is a business slogan which has been around since the mid-1990’s and was often used by the Microsoft founder Bill Gates. It struck me this week that considering this train of thinking is nearing 20 years old now, how fundamentally relevant it is in today’s challenging economy… Let’s face fact: it’s tough out there at the moment… ...

26 April 2013

Retired Member 

Customer centric - that's hande!

Many businesses today are struggling with retaining and growing an ever-fickle customer base and arguably one of the most affected sectors at the moment is that of retail banking. With customer confidence and trust in the UK banking system at an all-time low, many are reviewing alternatives for switching their business and voting with their feet....

05 April 2013

Retired Member 

Is BlackBerry becoming a sweeter pill to swallow?

There are some early signals that the former smartphone leader may be staging a comeback as BlackBerry announced last week that sales of its flagship Z10 have exceeded expectations and that they have just secured their largest ever order in company history. So, what have they done to achieve this and is this a sustainable strategy? Turn the clock...

21 March 2013