3859 Results from /retail
Retired Member
Will peer-to-peer lending change the personal loans market beyond recognition? Or will increasing regulation and overheads erode its differentiators? Traditional savings products are not attractive at the moment, with typical interest rates for one-year cash ISAs at less than 2%. At the same time, peer-to-peer lenders such as RateSetter and Zopa s...
26 November 2013 /retail
With implementation just around the corner, most financial services firms would have hoped to now be making their final FATCA preparations. As it stands though, the Foreign Account Tax Compliance Act seems to have many reaching for the panic button. Layered with complexity and demanding in compliance, FATCA’s rollout next year will be a challenge...
26 November 2013 /regulation /retail Financial Services Regulation
On Wednesday, November 13, we hosted a webinar on enhancing retail bank revenue and profitability with product bundling and relationship pricing. Two key themes emerged from the discussion, including the need for banks to transition from product-centric to customer-centric propositions and provide customers with a meaningful value exchange. Also, t...
25 November 2013 /retail
Suresh Krishnan Independent Consultant at Self Employed
25 November 2013 /retail /wholesale
Jim Marous Publisher at The Financial Brand
For the third year in a row, I attended the BAI-FinacleGlobal Banking Innovation Awards ceremony that takes place as part of the BAI Retail Delivery Conference. This year's program, which recognizes innovation excellence in the banking industry, drew more than 200 nominations from institutions based in over 30 countries. The two overriding impress...
23 November 2013 /retail Innovation in Financial Services
A branch in a box? What would you do if you had a used shipping container? Weird as it may sound it's actually on my wish list – and my hypothetical container will be converted into a fortified shelter in the event of a doomsday scenario (a story better told in a different forum). Some people have actually converted these containers into housing, ...
19 November 2013 /retail
When you've lived and worked in London your whole life you become accustomed to a certain level of convenience. You fall into a trap of thinking every high street in Britain is as similarly equipped as the Strand: a newsagent every 10 feet, a Tesco on every corner and all the banks sitting side-by-side. But anyone with a shred of common sense knows...
18 November 2013 /retail Future Finance
Colin Weir CEO at Moroku
There is no doubting that a bank's commercial enterprise, like any business is to make money and provide returns for shareholders. At the heart of the value proposition is the removal of risk involved in money and its exchange, whether at a retail, business or market level. All of this is fairly standard and has been in force since banks began. Ye...
15 November 2013 /retail
I read a recent article by Richard Dyson on Muzak and retailification of bank branches with great interest. Dyson highlights how some customers can feel alienated by the pace of change in branches. And yet banks are going through a revolution of change and becoming more retail. How can these trends be reconciled? Some banks have sought to create ...
13 November 2013 /retail
According to PEW Research Center, tablet adoption has almost doubled over the past year and for the first time, a third (34%) of American adults currently own a tablet computing device, including almost half (49%) of those in their late thirties and early forties and a majority (56%) of those in higher income households. With this platform becomin...
11 November 2013 /retail
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