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Brett King
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Brett King

CEO & Founder
Moven
Member since
14 Apr 2010
Location
New York
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21
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7
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146
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0
Followed by John Sims, Martha Boyle and 5 others you follow
View Brett King's full profile

Brett's opinions

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Brett King

The Un'der'banked don't need banks anymore

Traditionally, if you wanted to move money around, save cash, pay a bill, purchase something at a store, or otherwise have some sort of systemic access to your cash as you moved around - you needed a “bank”. In fact, you couldn't do any of these things in the past without a bank. Despite the fact you might have opted to just use cash and stay 'off...

10 December 2012 /retail Innovation in Financial Services

Brett King

Can branches compete with digital for advice?

There’s a long held premise that branches are great channels for advice, that this is the one differentiation that bank branches provide that the Internets could never compete with. There are three problems with this assertion that should rightly challenge the superiority of the branch channel in bank operations today: Customers rarely get advice ...

22 October 2012 /retail Innovation in Financial Services

Brett King

Gen-M and why they are abandoning face-to-face

Baby Boomers and Gen-X have in common the need to experience life in all it’s glory. Whether that is born out of a sense of adventure, the need for tactile feedback or in the sense of face-to-face social connections, at the core of much of our buying behavior historically has been the need to ‘touch and feel’ a product before a purchase. There’s a...

07 October 2012 /retail Innovation in Financial Services

Brett King

Why the iPhone 5 means the end of the swipe and cards

It took almost two decades for credit card payments (followed by debit cards) to become globally ubiquitous, so it might be reasonable to think that a paradigm shift at the POS will take years to become mainstream. Why would you spend money deploying expensive NFC-enabled (Near Field Communication) POS terminals unless consumers were going to use ...

26 September 2012 /payments Innovation in Financial Services

Brett King

What does Square plus Starbucks mean for US payments?

Square and Starbucks just announced their intent to form a partnership for the purpose of improving or 'revolutionizing' in-store payments around the approximately 1,700 retail stores and 5,000 points of presence in the USA. Square has had phenomenal success growing their merchant base to 2 million users in just over 2 years, which when taken in t...

08 August 2012 /payments Innovation in Financial Services

Brett King

Can the banking industry re-engineer trust in the system?

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 Finance 2.0

Brett King

Facebook Credits gone, but banks need FB more than ever

It was announced yesterday that Facebook is going to start phasing out their Facebook Credits system. If you've been watching my commentary over the last few years, I had entertained Facebook becoming a sort of default currency for the web because of the platform's ubiquity. However, like many things online, users and developers collaborated to cr...

21 June 2012 /payments Innovation in Financial Services

Brett King

Does a banking license provide an exclusive on banking?

Clearly, to be a deposit taking bank and offer products like Mortgages, loans, savings accounts and so forth, it would be easier to have a bank charter. However, today the lines between banks and non-banks offering financial services is blurring faster than speculative investors dumping shares for Facebook. There are many types of ‘banks’ or organ...

04 June 2012 /retail Innovation in Financial Services

Brett King

Bye-bye Checking and Current Account

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 Finance 2.0

Brett King

Mobile payments already exceed cheques

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 Finance 2.0

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Brett writes about

  • security
  • payments
  • regulation & compliance
  • sibos
  • retail banking
  • wholesale banking
  • start ups

Brett's opinion archive

  • 2016 (1)
  • 2015 (5)
  • 2014 (10)
  • 2013 (10)
  • 2012 (22)
  • 2011 (47)
  • 2010 (50)

Latest groups joined by Brett

  • Innovation in Financial Services

  • Online Banking

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Brett reads

  • Banking4Tomorrow Blog Site
  • My Huffington Post Blog
  • BrettKing.com
  • Breaking Banks Radio Show
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