Innovation in Financial Services

What kind of partnership do YOU need?

24 Mar 2021

Most businesses have some problem they need to solve at any given point in time. These days, getting stellar growth may be a challenge, and the cost of acquiring a new customer seems to go only one way. Up. Ouch! For others, it may be that the business you set up a few years back is no longer performing as expected, and a change is needed. But you...

Personal Finance

Can partnerships superboost your consumer lending revenues?

04 Feb 2021

You may have felt it more than ever over the past months. The pandemic makes it harder to grow your revenues, as customers are more concerned about their personal health and well-being than ever before. Your cost to acquire new customers only knows one path, and that is up. Sigh. There’s gotta be another and better way to boost your growth, no? I...

The Amex Paradox as US Credit Card Issuers Crash Land

11 May 2009

In a recent article in the New York Times, the major US credit card issuers have put on their safety belts and crash helmets, as they prepare for a major crash landing with their credit card portfolios. Credit card losses are soaring to unprecedented levels as unemployment rises, and cardholders struggle to make ends meet. From credit card write...

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Trends in Financial Services

Levering ATMs for Cardless Money Transfer

04 May 2009

For some time I have been intrigued by banks' lack of interest in, or inability to leverage their ATM networks to gain a competitive edge. Traditionally used for cash advances and balance enquiries, ATMs have turned into more of a multimedia kiosk capable of providing a wide range of services. One area of particular interest, in my mind, is money ...

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