890 Results from /startups
Retired Member
The total number of UK charitable donations made by Direct Debit rose to a record breaking 60 million in 2014, according to data from Bacs Payment Schemes, with values exceeding £1.21 billion, a rise of 4.1%. The study found that a number of charitable sectors benefited from Direct Debit in the last year, with the greatest beneficiaries being th...
21 April 2015 /payments /startups
In the previous post, I have made a statement that people not only dislike their retail banks, but they even distrust them. Despite that customers tend to stick around with their banks instead of switching to another bank, which I diagnosed as fear that a new relationship might strongly resemble the current one. At the competitive landscape, we wi...
20 April 2015 /retail /startups Innovation in Financial Services
Samsung is currently taking a pummelling from the media. Last month it was criticised for its Smart TVs that ‘spy’ on people in their homes, selling information on their behaviour and viewing choices to a nameless third party who is exploiting it commercially. As if this wasn’t enough to keep their PR team busy, a new fact has come to light: Samsu...
20 April 2015 /startups
The Financial Services (FS) sector continually invests huge sums in IT to remain competitive and compliant in a post financial crisis world. In 2014 Celent predicted a global bank IT spend of $188 billion. So it should be no surprise that FS companies are at the frontline of mobile enterprise applications. However, this IT spend often revolves arou...
17 April 2015 /startups
The great debate across the media and all interested parties is the face-off between the incumbents (banks) and new entrants (fintech start-ups). Each opposing party sees themselves as the true messiah, with the banking incumbents arguing that they are changing, the future is held secure through their excellent and utterly untarnished experience a...
14 April 2015 /wholesale /startups
Yesterday's letter sent to the Telegraph signed by 100 of the country’s leading business figures demonstrates a real belief in the current Government’s ability to manage the economy successfully and create a strong business community. It also demonstrates, five weeks before an election, a degree of concern that despite the shambles left by Blair, ...
02 April 2015 /startups
It’s not often that we get to write about the only global report on crowdfunding worth talking about. And this one’s doubly special, as we’ve waited for over two years to receive this report by Massolution, the leading market research company who researched over 1,250 different crowdfunding sites. So does this long-awaited global industry report l...
30 March 2015 /startups
In the digital world, the advent of social media, mobile including the smartphone takeover means that a population traditionally deemed too young to take financially independent decisions are in fact constantly doing exactly that.Purchasing apps, music, online content, books for kindle, clothes through online shopping, food, and deals on Groupon a...
30 March 2015 /retail /startups
According to the Future of Finance report by Goldman Sachs, 33% of millennials do not think they will need a bank in the next five years[1]. In fact, according to the Millennial Disruption Index, 73% of millennials are more excited about new offerings in the financial services space from the likes of Google, Apple and Amazon. Moreover, 71% would r...
Dynamite comes in small packages! The big technology companies may claim Silicon Valley as their de facto domicilium, but several thousand miles east of California’s tech heartland lies a booming tech enclave of epic proportions. Of course the epic proportions reference is a hyperbole of the highest order, since Israel is about the same size as Ne...
10 February 2015 /startups
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