James Tomaney

Trends in Financial Services

The State of Payments: July 2019

12 Jul 2019

A week is a long time in politics – a saying that is increasingly true for payments too. We are now two weeks into July 2019, so a good point perhaps to reflect on the state of the industry. Payments is an industry which is changing - and quickly. Old technology trying to operate in a new world doesn’t cut the mustard anymore. Innovation and disrup...

Banking Architecture

Innovation 2.0: ATMs in the 21st Century

08 Jul 2019

Innovation is reshaping global financial services. From how they are consumed, to who offers them and how they’re structured, we live at a time when new ideas and new approaches to payments and digital banking arise almost weekly. Yet, arguably the biggest innovation in the sector to date isn’t a Monzo account, a mobile contactless payment, or a Q

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Banking Architecture

Cashless society and legacy technology; a perfect storm.

13 Mar 2019

In response to the recently published article by The Guardian , “UK cash system ‘on the verge of collapse’, report finds” - a writeup of an independent report called the Access to Cash Review - it is worth emphasising we may be heading toward something far worse when it comes to making payments. At our current trajectory, we may be heading toward...

Banking Strategy, Digital and Transformation

Facts speak for themselves: a lack of innovation in financial services is failing society

10 Dec 2018

As you may have read, recently published findings from consumer charity Which? have revealed consumers are not happy about the number of bank branch and ATM closures we’re seeing. Key findings show that of those interviewed: Nearly nine in ten (86%) said they’d visited a bank branch at least once in the past year; Eight in ten (83%) said branches...

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