Post Tagged with: "Future of Banking"

Top 13 Predictions for the Future of Banking

Top 13 Predictions for the Future of Banking

by October 8, 2015 at 11:39 am 11 comments

We asked, you answered. In Bank Innovation’s State of Banking survey for the third quarter of 2015, conducted last week, we asked members of the financial services industry for their views on what banking might look like in 2020. 2020 isn’t as far away as it used to be (to paraphrase Yogi),Read More

Banking in the Age of the Jetsons

Banking in the Age of the Jetsons

by August 27, 2015 at 1:07 pm 1 comment

What George, Jane and family can teach bankers about innovation and the velocity of change Like many kids growing up in the 1960s, I looked forward to Saturday morning cartoons. Armed with my bowl of Rice Krispies—the only time I was allowed to eat in the living room–and sporting myRead More

Brett King’s 5 Best Banking Jobs 5 Years From Now

Brett King’s 5 Best Banking Jobs 5 Years From Now

by June 17, 2014 at 3:15 pm 3 comments

Want a job at a bank? Skip the business and economics classes and sign up for computer science. Most people in the intersecting worlds of finance and technology understand that banks need to do a better job of organizing around technology needs and understanding how innovation can help streamline financial institutions.

Two big predictions and GoBank/Simple/Moven/Bluebird thoughts

Two big predictions and GoBank/Simple/Moven/Bluebird thoughts

by January 16, 2013 at 2:51 pm 0 comments

Ron Shevlin (@rshevlin) and Jim Bruene (@netbanker) and I have been back and forth Ron’s article today on so-called NeoChecking Account and the news of the GoBank (http://www.gobank.com) here in the US yesterday. Firstly, let me just say that seeing the likes of GoBank enter the market is great news for consumers and once again proves […]

Banks can’t compete with digital for advice

Banks can’t compete with digital for advice

by October 22, 2012 at 10:42 am 0 comments

There’s a long held premise that branches are great channels for advice, that this is the one differentiation that bank branches provide that the Internets could never compete with. There are three problems with this assertion that should rightly challenge the superiority of the branch channel in bank operations today: Customers rarely get advice in […]

Gen-M: the abandonment of “touch and feel” and the emergence of “see and hear”

Gen-M: the abandonment of “touch and feel” and the emergence of “see and hear”

by October 6, 2012 at 11:32 pm 0 comments

Baby Boomers and Gen-X have in common the need to experience life in all it’s glory. Whether that is born out of a sense of adventure, the need for tactile feedback or in the sense of face-to-face social connections, at the core of much of our buying behavior historically has been the need to ‘touch […]

Why Apple’s NFC snub might hurt the banks and networks more than ever?

Why Apple’s NFC snub might hurt the banks and networks more than ever?

by September 23, 2012 at 7:26 pm 0 comments

I’ve always maintained that Near Field Communication (NFC) was attractive for both the banks acting as acquirers and issuers, and ultimately the networks themselves. Particularly in the US marketplace. Why? The only way to keep the Point-of-Sale (POS) terminal in a transaction as we shift to mobile wallet and mobile payments at merchants is for […]

What the Square and Starbucks alliance means for payments…

What the Square and Starbucks alliance means for payments…

by August 8, 2012 at 4:23 pm 0 comments

Square and Starbucks just announced their intent to form a partnership for the purpose of improving or ‘revolutionizing’ in-store payments around the approximately 1,700 retail stores and 5,000 other points of presence in the USA. Square has had phenomenal success growing their merchant base to 2 million users in just over 2 years, which when […]

What will it take to restore trust in the banking system?

What will it take to restore trust in the banking system?

by August 1, 2012 at 1:27 pm 0 comments

I grew up in a world where a run on the ‘bank’ was never realistically going to happen. I grew up in a world where when someone wished to declare the truthfulness of their assertion they’d simply say “you can take that to the bank” or when it was a sure thing they’d say “you […]

Can you do banking without a banking license?

Can you do banking without a banking license?

by June 4, 2012 at 8:59 am 0 comments

Clearly, to be a deposit taking bank and offer products like Mortgages, loans, savings accounts and so forth, it would be easier to have a bank charter. However, today the lines between banks and non-banks offering financial services is blurring faster…