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Banks ignore social media at their peril

James Gardner, Head of Innovation and Research for a major UK bank and author of the blog BankerVision, commented on my urge for banks to rush into social media last week, and reckoned it didn’t cut the cloth. Banks are only just on the net and learning about mobile, he says, and banks see no…

Never mind the social media, here’s the *******

In an interesting challenge to my own views, James Gardner at BankerVision posts a retort to the idea that social media and social networks are important to banks, by saying it’s all irrelevant … unless I’m mistaken. Based upon the reaction, I guess he’s trying to create a storm, and has managed to do so….

Never mind the social media, here’s the *******

In an interesting challenge to my own views, James Gardner at BankerVision posts a retort to the idea that social media and social networks are important to banks, by saying it’s all irrelevant … unless I’m mistaken. Based upon the reaction, I guess he’s trying to create a storm, and has managed to do so….

Virgin’s multichannel misery

Speaking of Virgin Trains, I was subjected to an encounter with multichannel misery today which, although unrelated to banks, is worth recounting as we can always learn from good and bad service stories.   Virgin offers a train ticket that is cheaper if you book and prepay and print at home, than if you book…

No answer from Mumbai

I’ve been having problems printing tickets for a Virgin Train I’m travelling on today, so I called their call centre.  After going through the menu pick system, I got a message in an Indian voice stating: "Due to technical difficulties, we are unable to answer your call at the moment." I wondered if this is…

No answer from Mumbai

I’ve been having problems printing tickets for a Virgin Train I’m travelling on today, so I called their call centre.  After going through the menu pick system, I got a message in an Indian voice stating: "Due to technical difficulties, we are unable to answer your call at the moment." I wondered if this is…

Desperately Seeking Sultan

I’ve spent the last few weeks wondering about the fallout from the Lehman Brothers collapse and the onward losses in the stock markets. With $2.5 trillion of losses estimated by the Bank of England amongst the banking community, and over $3 trillion pumped into the system so far, you do wonder about the long-term. However,…

Desperately Seeking Sultan

I’ve spent the last few weeks wondering about the fallout from the Lehman Brothers collapse and the onward losses in the stock markets. With $2.5 trillion of losses estimated by the Bank of England amongst the banking community, and over $3 trillion pumped into the system so far, you do wonder about the long-term. However,…

Desperately Seeking Sultan

I’ve spent the last few weeks wondering about the fallout from the Lehman Brothers collapse and the onward losses in the stock markets. With $2.5 trillion of losses estimated by the Bank of England amongst the banking community, and over $3 trillion pumped into the system so far, you do wonder about the long-term. However,…

Internet Banking by Dummies, Part One

A year ago, I talked about how unusable the Xiring terminals were and have seen loads of blogs and commentaries about how impractical these terminals are in everyday life since then.  Thank goodness Visa has now integrated one-time passwords into their cards.  Meanwhile, I'm stuck with UK banks who insist that we use these darned…

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