Archive for: December, 2010
Brett King - Movenbank - New York | 29/12/2010 | 6043 views
In 2010 we had a bunch of innovative ideas become mainstream and start to impact the banking arena (for a full coverage see my post in Huffington.) However, 2011 promises to be more disruptive because as the economy finally starts to warm up, we'll be seeing a lot of new private equity investment into start-ups in the finance arena.
A new dot com...
Tags: Payments, Retail bankingGroup: Innovation in Financial Services
Brett King - Movenbank - New York | 17/12/2010 | 9127 views
2010 was a bumper year for innovations in the retail banking and payments space. Below are some of the top innovations this year. Let me know how you rank these in respect to their ability to be real game changers for the banking arena.
Which innovations do you think will survive on, and which will flame out?
My big bet for 2011 is NFC (Near-Fi...
Tags: Payments, Retail bankingGroup: Innovation in Financial Services
Brett King - Movenbank - New York | 15/12/2010 | 5729 views | 2 comments
The Basel III accord’s stated purpose is:
This consultative document presents the Basel Committee's proposals to strengthen global capital and liquidity regulations with the goal of promoting a more resilient banking sector. The objective of the Basel Committee's reform package is to improve the banking sector's ability to absorb shocks aris...
Tags: Risk & regulation, Post-trade & opsGroup: Innovation in Financial Services
Brett King - Movenbank - New York | 10/12/2010 | 5514 views | 2 comments
I met yesterday with the inimitable Vernon Hill, founder of Metro Bank, and with Metro's Chairman and co-founder, Anthony Thomson. It is interesting to hear Hill's view of why Metro is able to dominate in respect to the 'customer service' space in the UK branch market.
Hill postulates that despite many banks rhetoric around being customer centered...
Tags: Retail banking
Brett King - Movenbank - New York | 07/12/2010 | 2334 views | 1 comment
The major news feeds of the world are buzzing with the arrest of Wikileaks founder Julian Assange in London today. Assange was arrested based on an extradition request from the Swedish government, issued last week. Swedish authorities had issued the warrant for Assange so they can talk to him about sex-crime allegations supposedly unrelated to Wiki...
Tags: Security, Payments
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