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Brett King CEO & Founder at Moven
I grew up in a world where a run on the ‘bank’ was never realistically going to happen. I grew up in a world where when someone wished to declare the truthfulness of their assertion they’d simply say “you can take that to the bank” or when it was a sure thing they’d say “you can bank on it!” I grew up in a world where the government ‘guaranteed’ m...
01 August 2012 /regulation /retail
Retired Member
Mobile is tapping into high street shopping, with a new app from Quidco which will pay users small amounts of money to go into certain retailers, and send them discount coupons. It uses GPS technology in smartphones to track the movements of users, and trigger rewards as soon as they set foot in shops including Apple, Debenhams and Homebase. The n...
12 July 2012 /payments
Following a tentative start with Google first launching its mobile wallet offering last year and then O2 in recent months, the war of the mobile wallets has finally begun in earnest. Last week Microsoft announced the development of its new wallet for Windows Phone, which will allow customers to not only pay through NFC technology, but also store t...
26 June 2012
According to analyst house Gartner, the value of worldwide mobile payments is set to soar 62% to $171.5 billion in 2012. Moreover, if the market continues to grow at this rapid rate, it should be worth a massive $617 billion by 2016. This would mean mobile payments reaching 448 million users – a significant chunk of the world’s current population....
06 June 2012 /payments
On Tuesday I chaired the Future of Mobile Banking conference held in London. It was a great event, with a wide variety of highly qualified speakers and some very smart debate on topics including mobile banking, usability, innovation, and m-payments. What made the conference so compelling was that it came at a particularly interesting time. Mobile ...
31 May 2012 /retail
I've been recently debating with bankers and credit union executives on the core banking proposition they offer to new prospects. One of the realizations that led me to this was some recent research released by Aite Group around the 'debanked' generation (Feb, 2012). In March 2011, I released a YouTube Video discussing the same segment of customer...
29 May 2012 /payments /retail
Barclaycard has made yet another foray into the contactless arena having announced last week it would utilise its sponsorship of the Wireless Festival in early July to roll out contactless wrist bands to festival goers. The ‘PayBands’ will allow revellers to make cashless payments throughout the three day event as well as benefit from other incent...
21 May 2012
If you believe the pundits, mobile payments are years away from being mainstream. But that’s not at all an accurate assessment of the state of the industry. Firstly, a mobile payment can be many things. There are seven primary models for mobile-enabled payments: SMS based transactional payments In-App Payments Direct Mobile Billing Mobile commerce...
18 May 2012 /payments
It was interesting to read that the FSA has warned retail banks to update their payment methods to improve customer service. In letters written in January the regulator urged banks to move with the times and away from outdated technology in order to better engage with customers. This is a sentiment I have been talking about for a while now and it ...
09 May 2012 /payments
On the 18th of April I organised an expert session during the 11th EPCA summit in Rome. The conference was held in the Palazzo Altieri, a beautiful place with a rich history in the heart of Rome. The topic of that session was “Supply Chain Finance: unlocking the SME”. Speakers contributing to the program were Liliana Fratini Passi (CBI), Reinier W...
02 May 2012 /payments /wholesale
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