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Category: Banking

Banking

Not being an ornithologist I pictured a small, weak insignificant bird perching on the branch of a small tree

There is much to thank the Midland Bank for launching ‘free in credit banking’ in the mid 1980’s but perhaps, an unintended consequence was, this act that led to all current accounts feeling the same. A range of utility current accounts from an ever decreasing number of providers offering the same vanilla banking. In early 1990 I made the most […]

Banking

Current Account Switch volumes impacted by COVID19

Pay.UK have just published the monthly Current Account Switch Service data for April 2020. The Current Account Switch Service (CASS) has completed 6.6 million switches since launching in 2013, 280,520 of which took place between January and March 2020. Despite the impact of COVID19, March saw the third highest number of Current Account Switches since the CASS service was launched […]

Banking

Switching winners

Today, 30 April 2020, saw the publication by Pay.UK of the Current Account Switch Service Dashboard covering the period 1 January to 31 March 2020. The Current Account Switch Service (CASS) has completed 6.6 million switches since launching in 2013, 280,520 of which took place between January and March 2020. With much talk of the rise of the challenger bank […]

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Making It Happen

‘A compelling account of Britain’s worst ever banking failure; as you read you will laugh, cry and fume’ Robert Peston I was in two minds as to whether I ought to read ‘Making It Happen’ but these events had a significant impact on my time leading the UK’s retail payments system – if you were in the industry during this […]

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Christmas Reading List

When talking about payments I often mention books that have been useful to me as I continually seek to expand my payments knowledge. From first principles of banking in Bank 4.0, feeling good about money in The Money Revolution, C-Level’s being comfortable on social media in The Social CEO, to a history lesson on Barclays by Philip Augar four books […]

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Video: Future of UX for Fintechs: Is the branch dead?

Last month GBG hosted a meetup for fintech and UX professionals to ask the question: Is the branch dead?  Our moderator for the evening, Mike Chambers, Director at Eazy Collect and EPA Ambassador, was joined by was joined by Metro Bank’s Head of Design Jay Tulloch, Sekura Digital Group’s CEO Mark Harvey, and GBG’s Head of UX Henry Thomas, for a lively discussion about the future of bricks and mortar, and UX’s role in the world of Banking as a Service (Baas). Highlights from the discussion can be found at: https://www.gbgplc.com/newsroom/fintech-meetup-is-the-branch-dead/ Video of the full debate:

Banking 0

Future of UX for Fintechs: is the branch dead?

I will be moderating this GBG event on the 10th September from 6pm to 9pm at 128 Queen Victoria Street, London. It’d be great to see you there – sign up at: https://www.gbgplc.com/events/gbg-meetup/ Is the bank branch dead? What is the role for bank branches? Will the pendulum swing back to traditional face-to-face contact? What do you think? Add a question in the comments section below and let’s see what the panel think!

Banking 0

Future of UX for Fintechs: is the branch dead?

Pleased to announce that I will be moderating this event – why not join me for the debate? 10 September 6pm to 9pm at 128 Queen Victoria Street, London Future of UX for Fintechs: is the branch dead? Join a lively debate around the future of UX in a BaaS world With the rise of mobile banking technology and fintechs, […]

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FinTechs: Threat or partnership opportunity?

FinTech sector raising record sums The UK’s fintech sector raised more money in the first half of the year than in any equivalent period on record – a remarkable £1.7bn according to data just release by the growth company market analyst Beauhurst. The sector raised so much money that 2019 is already a record year for investment in UK fintechs. […]

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Mutual value through partnerships

Over the past few weeks I’ve been involved in working with a number of clients on proposals for new business – mostly these proposals have been FinTechs seeking to work with larger incumbent organisations. With the number of Bank / FinTech partnership deals increasing where will mutual value be found? Recently I attended a bank partnerships briefing organised by the […]

Banking 0

The Money Revolution by Anne Boden

A couple of people have asked me what I think of The Money Revolution by Anne Boden. If you read just one book about managing your finances this is the book. Accessible, practical and relevant advice about taking control of your money, building wealth, conducting a smart money makeover & clever borrowing. Chapter by chapter Anne challenges you to review […]