Tag Archives: banking

Millennials – Changing How We Bank

phone-credit-card-jeans

Banks must evolve and tailor their service platform for the huge Millennial demographic--or face the disintermediation experienced by other industries. Continue reading →

Big Data for Banks: Friend, or Foe?

big-data

While the jury is still out on the matter, a realistic answer at the present time would most probably be “both”. In this blog, I will explore and share the rationale for why this is so and how to manage … Continue reading →

M-Payments – New Ways and New Risks in Moving Money

mobile payments

Electronic payment systems are nothing new. The first electronic payments were made over telegraph wires in the 19th century, hence still referring to ‘wire transfers’ today. Mobile-based payments (m-payments) are, however, a much more recent development. Continue reading →

Changes in Banking are Affecting Employees’ Wellbeing

stressed banker

Regulation is creating change and uncertainty within the financial services industry—and impacting the wellbeing of a bank’s greatest asset: its people. Continue reading →

Is International Hacking an Act of War?

tank

Historians will tell you that, despite the bloodshed in the Middle East and Africa, we are currently in one of the most peaceful periods in human existence. However, this era of ostensible peace has us wondering what future war will … Continue reading →

The End of Banking: De Novo No More

bank vanishing

In just 11 years, all banks in the U.S. will be gone. At least, that’s what extrapolating the current pace of bank consolidation would suggest. Less than 30 years ago there were over 18,000 banks; the FDIC reports that as … Continue reading →

Banking Brain Drain: Four Unintended Consequences of Post-Crisis Regulation

brain drain

Since the financial crisis, governments have made wide-ranging changes to the way financial institutions are regulated. In particular, regulators have focused on the amount and type of capital that banks and other financial institutions must hold, and set new standards … Continue reading →

The Next Big Thing in Banking May Not be a Bank

v

“Chase or Google?” my colleague challenged me, asking which would be more important in ten years’ time. The answer may well be neither. Continue reading →

How to Reduce Risk of Lending to Small and Medium Enterprises

Bank Vault

In recent years large banks have been reluctant to lend to small and medium enterprises (SMEs). Smaller banks, relying on less sophisticated capital models than the bigger banks, are unable to take up the slack.  The consequence has been a … Continue reading →

Changes to the Approved Persons Regime

personal responsibility

In response to the 2013 Parliamentary Commission on Banking Standards report, the current Approved Persons regime for banks is being replaced with a strengthened regime for regulating senior individuals. Continue reading →