In another conversation, I just spent some time at Finovate Fall in New York. It’s grown a bit since I was last there four years ago - I would estimate a doubling of attendance … … and it’s still back-to-back demos of PFM, biometric tracking systems, social trading, mobile innovation and such. In fact, it’s a…
Things we're reading today include … US financier quits $2trn investment fund after his daughter writes list showing 22 life landmarks he'd missed Citizens Financial Group makes tepid market debut Who would be a whistleblower? Ex-investor relations exec pleads guilty in NY to insider trading JPMorgan tops investment bank league table in first half Meet…
Things we're reading today include … US financier quits $2trn investment fund after his daughter writes list showing 22 life landmarks he'd missed Citizens Financial Group makes tepid market debut Who would be a whistleblower? Ex-investor relations exec pleads guilty in NY to insider trading JPMorgan tops investment bank league table in first half Meet…
Someone is always wondering what the future job titles are going to be in banks. Brett King recently presented about such, and had the top five titles as: Data Scientist – the most sought-after banking job in five years, since they will be tasked to figure out “when, why, and how” consumers use bank products, using…
Another interesting debate is what drives banks’ investments in technology? For years, it’s been cost reduction, cost avoidance, regulatory requirements for change, risk management and compliance, competitive imperatives and such like. Not one of these talks about customer needs however. I’ve been a firm believer that banks rarely invest for revenue uplift and customer service. …
For some years there has been a lot of discussion about which brands consumers trust for banking. Rather than banks, protagonists assert that it’s Apple who could win, as they have the #1 brand with millennials. Alternatively it could just as easily be a Wal*Mart, Virgin, Google or someone else. For some years, I’ve joined…
So I had a meeting the other day where we started arguing about banks and what banks really are these days. The traditional view is that banks are those that offer deposit accounts and have a bank licence. They are recognised by regulators as banks, and governments oversee their activities. That view is no longer…
