Bank accounts for kids has come up, time and time again over the years. Nigel Walsh has looked at them with interest in the past, but never had the need to make a decison – until now…. We are pleased to feature this Guest Blog by Nigel Walsh Long gone are piggy banks, the regular race around the house over […]
Bank Holidays in the UK were introduced in 1871 by banker and politician John Lubbock, the first Baron of Avebury. As well as his banking and political activities Sir John was also a scientific writer and tried to teach his dog to read. According to Horace G. Hutchinson in the Life of Sir John Lubbock, Lord Avebury, Volume 1, his […]
As the high street once again opens up to customers without restrictions, retailers’ thoughts will soon turn to restocking, upgrading and investing in new staff, fixtures and fittings. Now, thanks to CIP Capital, a new partnership between Card Industry Professionals (CIP) and YouLend, CIP merchants can access funding quickly and effortlessly, to help make improvements and keep the cash flowing […]
The Bank of Ireland has launched a video tutorial series to give customers the skills and confidence to use digital banking services. In March, the bank outlined plans to shut a third of its branches as it reaches a digital “tipping point” between online and offline transactions – a long-term trend accelerated by the Covid-19 pandemic. However, the lender acknowledges […]
Here’s a selection of articles written by Mike Chambers which have recently featured in third party publications: PCN Magazine – July 2021 Have digital options even replaced the petty cash tin? Click on the image to access the article. Global Banking & Finance Review – July 2021 The transformation of payments during the pandemic Click on the image to access […]
Sarah Rutherford at FICO has commissioned a survey of 1,000 adults in each of fourteen countries to canvas them about their attitudes to opening a range of different financial accounts digitally using websites and apps. Sarah reports that there were some very interesting findings and some results that challenged her pre-conceptions and received wisdom! Sarah’s top five insights are: Digital […]
Can green Fintech’s save the planet? In the latest edition of #fincuts Tanya Thourani asks: How cool is it if your card doesn’t just buy things but fights climate change? How cool is it if Fintechs could convert pounds into kilograms of carbon emitted? Can you tell which is killing more turtles: the plastic straw or your friend’s flight from London to Milan? […]
Mark O’Keefe at Optima Consultancy has published a German Mobile Banking App review. Three take aways from Mark’s report: The challenger banks continue to raise the bar when it comes to what can be done in a mobile banking app. New entrant C24 have launched with a proposition stronger than most in the market and challengers continue to release features at a rapid pace. A […]
Tanya Thourani has been thinking about how Fintech’s make money and has come up with five models: Nice & Simple : Subscriptions or Service Fees. Make it count : Brokerage Fees. Most Lucrative : Third Parties. Oldest Buddy : Advertising. The Gold Mines : Data & APIs. Read Tanya’s blog: Five ways for a Fintech to make money.
Fintech Rap Battle from Fintech Finance. Tom Blomfield and Monzo, take on Anne Boden and Starling in a throw down to decide who is the ultimate challenger bank.
Many payments systems around the world are being improved or rebuilt to serve the needs of a modern, digital culture. Payments System Modernisation is a huge challenge that affects the entire payments ecosystem. XMLdation have created an Infographic that shows the breadth of the impact globally for real time, high value, and other types of payments. The infographic covers: Examples of […]
Imagination: What could you do with a loan from Barclays? Earlier this week I posted an assignment from my late 1980’s Chartered Institute of Bankers course – this led me to wonder how did my fictional South East Bank pamphlet compare with real bank adverts from the late 1980’s?
When studying for my Chartered Institute of Banking exams as a Grade 1 Bank Clerk in the late 1980’s little did I know where my banking career would take me! My roles in product management, as the CEO of systemically important payment systems, my responsibility for the live launch of the Current Account Switching Service and being chairman of the […]
When the winds of change blow some people build walls while others build windmills As the old Chinese proverb goes, ‘when the winds of change blow some people build walls while others build windmills’. Firmly in the windmill camp is Gavin McLean, head of product – payments, at Lloyds Bank Commercial Banking, part of Lloyds Banking Group, which is involved in one […]
Would you like to find out how to build profitable banking services? Manifesto Growth Architects have joined forces with Vacuumlabs to guide you through the process. Join Manifesto’s Banking 2021 virtual event to find out more and meet the industry experts who will share their knowledge and experiences: ◦ Nigel Sirett| Vacuumlabs◦ Joanna Levesque| Manifesto Growth Architects◦ Neil Harris| Global […]
The Inclusion Foundation highlights that 1.23m of the UK’s most vulnerable do not have access to a bank account and such disadvantaged segments of society find it very challenging to pay and get paid. They report that the problem is being further exasperated by the social isolation measures put in place to curb the spread of COVID-19, which is having an unintended […]