Zopa announced results this week that showed lending had risen 140 percent year on year. In short, Zopa offers a lean and mean, razor thin margin system for loans. As an lender, I enter Zopa and place an amount – let’s say $10,000 – in the system. Zopa then spreads that loan across a range of borrowers…
This is the sixth post in a series about why banking will be free (you can find Parts One, Two,Three, Four and Five if you want to). In this area let's get into collaborative technologies and, more specifically, collaborative competition. It seems like an oxymoron to talk about collaborative competition and yet for years we…
I haven't written much about SEPA, the Single Euro Payments Area, lately because there's not been much to update although the last time I did, I asked the question: "Are SEPA and the PSD completely broken?" However, there is now some news as I was with Gerard Hartsink in Hong Kong and Ruth Wandhofer in…
I haven't written much about SEPA, the Single Euro Payments Area, lately because there's not been much to update although the last time I did, I asked the question: "Are SEPA and the PSD completely broken?" However, there is now some news as I was with Gerard Hartsink in Hong Kong and Ruth Wandhofer in…
I’ve talked about UMPay, a JV between Unionpay and China Mobile, as well as eBank, an internet bank leader in Japan now owned by an etailer, Rakuten Group. This leads nicely into what is probably the most innovative bank I've seen so far: Jibun Bank, a Japanese bank which translates into ‘my bank’ in English….
I’ve talked about UMPay, a JV between Unionpay and China Mobile, as well as eBank, an internet bank leader in Japan now owned by an etailer, Rakuten Group. This leads nicely into what is probably the most innovative bank I've seen so far: Jibun Bank, a Japanese bank which translates into ‘my bank’ in English….
I’ve talked about UMPay, a JV between Unionpay and China Mobile, as well as eBank, an internet bank leader in Japan now owned by an etailer, Rakuten Group. This leads nicely into what is probably the most innovative bank I've seen so far: Jibun Bank, a Japanese bank which translates into ‘my bank’ in English….
With that title, I bet you thought I was going to blog a bit more about China and how their card systems are developing. Wrong. In fact, China, Russia, South Africa and many other emerging nations have robust, reliable and secure card networks, thanks to new infrastructures and ideas. For example, most of Eastern Europe,…
Only two years ago, many technology companies and banks were talking about the branch of the future and painting a vision where, when you walked into a branch, the branch sensors would pick up who you were using RFID and NFC technologies from your contacteless debit or credit card. The result would be a warm…
Only two years ago, many technology companies and banks were talking about the branch of the future and painting a vision where, when you walked into a branch, the branch sensors would pick up who you were using RFID and NFC technologies from your contacteless debit or credit card. The result would be a warm…
