Today’s news in Britain is all about payday lenders once more due to a grilling of Wonga in front of a Parliamentary Committee yesterday. It’s amazing the emotions such lenders activities ignite. They make politicians and the media angry because they charge high interest rates … and yet they make their customers happy by providing…
It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business. In fact, being close to the UK PayPal…
It’s getting crowded out there in the mobile payments space. After years of inactivity, everyone’s woken up to the opportunities out there, not the least PayPal. PayPal did nothing in mobile through the 2000s, and I worried they were missing a huge opportunity to grow their business. In fact, being close to the UK PayPal…
I mentioned that BRE Bank is dropping their branding later this year and replacing it with mBank, the brand they launched last decade to support their online activities. What is this all about? Here’s an analysis. BRE Bank launched in the 1980s as a division of Commerzbank, and is Poland’s fourth largest bank. In 2000, with…
I began life in finance in insurance, taking the insurance exams and gaining a professional qualification. I’m still a Chartered Insurance Practitioner today, even though the sector leaves me cold. Why? Because it’s run by Actuaries who are just plain boring. There was an old joke: When do you know you’ve met an extroverted Actuary? …
A final presentation from EFMA week that I need to reference before moving on came from Eric Mackor, Head of Channel Development at the Netherlands Retail Bank ABN AMRO (as opposed to the transaction bank part of ABN AMRO that was acquired by the Royal Bank of Scotland). He talked about the changing dynamics of…
Before moving off Facebook banking, there were many other mentions of Facebook Banking during the conference. For example DenizBank, the Turkish subsidiary of Moscow-based Sberbank, believe that they were the first to offer full service Facebook banking in January 2012, and here’s the video to prove it: With full online banking functionality, the platform enables…
Before moving off Facebook banking, there were many other mentions of Facebook Banking during the conference. For example DenizBank, the Turkish subsidiary of Moscow-based Sberbank, believe that they were the first to offer full service Facebook banking in January 2012, and here’s the video to prove it: With full online banking functionality, the platform enables…
