Archive for: December, 2011
Brett King - Movenbank - New York | 22/12/2011 | 3235 views | 1 comment
There has been a 25% decline in the total mail volume for the USPS (United States Postal Service) from 2006-2011, resulting in a $5.1 Billion loss in 2011 alone. Since 2007 the USPS has been unable to cover its annual budget, 80 percent of which goes to salaries and benefits. In contrast, 43 percent of FedEx's (FDX) budget and 61 percent of United ...
Tags: Risk & regulation, Retail bankingGroup: Innovation in Financial Services
Brett King - Movenbank - New York | 14/12/2011 | 5353 views | 1 comment
No one could doubt that peer-to-peer lending (or P2P Lending) has landed big time in 2010, but it looks as if the best is just about to come.
The biggest US P2P lender, Lending Club, will issue more than $250 million in loans this year – greater than the last four years combined – for a total of nearly $450 million since inception. T...
Tags: Online banking, Retail bankingGroup: Finance 2.0
Brett King - Movenbank - New York | 07/12/2011 | 5257 views | 11 comments
We're experiencing a massive shift in consumer behavior right now with the explosion of Facebook, Twitter, YouTube, and other community collaboration and social media platforms. A world where Facebook has 800 million inhabitants and a President who is a college dropout (albeit Harvard).
We're seeing the global domination of mobile across the entir...
Tags: Security, Online bankingGroup: Innovation in Financial Services