We had a discussion last night about branchless banking, with two retail bank leaders telling me I was wrong about the idea. The argument was not actually about the concept of branchless banking, but less branch banking. Even so, these retail bankers feel adamantly that the average human being wants a branch to bank. I…
USA gets mobile NFC Just got a note from Deloitte about research they’ve performed into mobile financial business models. The survey covered 89 senior executives from a wide range of companies with close ties to mobile payments. These respondents predicted that more than 24% of all mobile subscribers in the USA are likely to be using…
USA gets mobile NFC Just got a note from Deloitte about research they’ve performed into mobile financial business models. The survey covered 89 senior executives from a wide range of companies with close ties to mobile payments. These respondents predicted that more than 24% of all mobile subscribers in the USA are likely to be using…
Another lengthy chat about the speed, or lack of speed, in banking innovations. Right now we’re seeing this massive change in the end user devices for payments and access, with every mobile telephone on the planet becoming a contactless point of sale and purchase. The fact that Square has over 800,000 merchants and is processing…
Another lengthy chat about the speed, or lack of speed, in banking innovations. Right now we’re seeing this massive change in the end user devices for payments and access, with every mobile telephone on the planet becoming a contactless point of sale and purchase. The fact that Square has over 800,000 merchants and is processing…
Banks have great treasures behind their marble veneers, as demonstrated by their art collections. UBS own around 40,000 art objects, including works by artists such as Jean-Michel Basquiat and Andy Warhol, and JP Morgan Chase is known for having a significant collection, established 50 years ago by David Rockefeller. It was also notable that, as…
