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Brett King - Breaking Banks

Archive for: March, 2012
Brett KingMoven - New York

Why Durbin will Kill the Branch

26 March 2012  |  4434 views  |  0  |  Recommends 0

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...

TagsPaymentsRetail bankingGroupInnovation in Financial Services
Brett KingMoven - New York

The End Game in Disruption

16 March 2012  |  6259 views  |  0  |  Recommends 0

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 t...

TagsPaymentsRetail bankingGroupInnovation in Financial Services
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Brett KingMoven - New York

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

08 March 2012  |  3490 views  |  1  |  Recommends 0

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 ...

TagsOnline bankingRetail bankingGroupInnovation in Financial Services
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