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Life at the speed of a snail …
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…
Life at the speed of a snail …
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…
Art for art’s sake
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…
Art for art’s sake
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…
Proof that the branch (of old) is dead
The Finanser’s mate Brett King – Chris Skinner “taught me everything I know” - was in a webinar yesterday, talking about the future of banking with some good stats to back up ideas. A key one is that the average number of in-branch transactions has declined by a quarter in the last four years, from around 11,400…
Proof that the branch (of old) is dead
The Finanser’s mate Brett King – Chris Skinner “taught me everything I know” - was in a webinar yesterday, talking about the future of banking with some good stats to back up ideas. A key one is that the average number of in-branch transactions has declined by a quarter in the last four years, from around 11,400…
NAB’s latest ad campaign – getting nasty?
Originally NAB came up with a brilliant campaign to differentiate themselves from the other mainstream banks in Australia with a campaign called “The Breakup”. I really liked it, but they haven’t really followed it through as their next campaign was good, but completely unrelated to The Breakup. This one was all about trying to get…
NAB’s latest ad campaign – getting nasty?
Originally NAB came up with a brilliant campaign to differentiate themselves from the other mainstream banks in Australia with a campaign called “The Breakup”. I really liked it, but they haven’t really followed it through as their next campaign was good, but completely unrelated to The Breakup. This one was all about trying to get…
Final Volcker Rule details are leaked
The Volcker Rule, named after former head of the Federal Reserve Paul Volcker who advised on the investment banking reforms of the Dodd-Frank legislation, has been rumoured for ages and was originally a proposal to ban proprietary trading completely. Proprietary, or prop trading, is where a bank speculatively plays the markets from their own P&L…
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