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Brett King - Bank 3.0

Archive for: March, 2012

Brett King - Movenbank - New York | 26/03/2012 | 3928 views

In the UK and Australia, account keeping fees are nothing new. In the US, however, since the introduction of the Durbin amendment, many US banks have been moving to monthly fees on checking accounts (we call them current accounts generally outside of the US) for the first time. These moves have resulted in often massive backlash from the public, in... Tags: Payments, Retail bankingGroup: Innovation in Financial Services

Brett King - Movenbank - New York | 16/03/2012 | 4971 views

The End Game in Disruption

In the Times business section in the UK today, Andrew Haldane, the Financial Stability Director for the Bank of England was quoted as suggesting that we are entering a phase where the banking sector is being reshaped as a result of technology. Haldane pointed to innovations like Kiva, P2P and social collaboration as some of the forces effecting the... Tags: Payments, Retail bankingGroup: Innovation in Financial Services

Brett King - Movenbank - New York | 08/03/2012 | 3075 views | 1 comment

Lessons from Apple - great branches don't get customers back

The new iPad just launched to the usual hype, anticipation and fanfare. Every time a new Apple product comes off the assembly line, it gets put under the biggest magnifying glass imaginable as crowds of onlookers parse the announcement with scholarly intensity, hoping to piece together a picture of what might emerge and what the implications for th... Tags: Online banking, Retail bankingGroup: Innovation in Financial Services

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