Banking On Data: The Path to a New Bank Operating Model
Jun21

Banking On Data: The Path to a New Bank Operating Model

I was delighted to be asked to contribute last night to BrightTALK’s ‘Banking on the Future’ meet-up event. A very well-attended event here in London and broadcast to hundreds of online registrants across the world. The theme of the event was how banks need to react to regulations such as PSD2, GDPR and here in the UK, Open Banking.   BRUTE FORCE ISN’T THE DATA SHARING PANACEA It is clear that the ‘brute force’ approach to...

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Up, Up and Away: Accreditation
Jun09

Up, Up and Away: Accreditation

You might wonder ‘how can I take over my own development on a new platform like FINkit?’ Well, we make it easy. We provide a minimal amount of Professional Services and it’s not an area of the business we want or need to grow – that’s your job, so we hand over the reins as soon as you’re ready. Our highly specialised Self Service Accreditation process enables teams and individuals in gaining a deeper...

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Easy Payments Concepts – Deliver The Emerging
Jun08

Easy Payments Concepts – Deliver The Emerging

Easy Payments are an expected norm these days. Disruptive innovation is happening across the payments landscape, as globalisation and digital transformation continue to alter the landscape.  Banks are constrained in their ability to react to new competition. The way customers do business and spend their money has evolved radically in just the past few years. Unfortunately for banks, depleted overseas assets and easy access to reduced...

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Secure Travel Concepts – Why We Still Use Cash
Jun07

Secure Travel Concepts – Why We Still Use Cash

Secure Travel is something that all of us aspire to, but how does that translate to our banking habits? Well – despite a growing international travel market, things like hidden fees, poor customer service, fear of fraud and the fear of the dreaded card block still encourage consumers to travel with large sums of foreign currency. Having fallen from a peak of £230.1m in 2008, the total value of international fraud losses has...

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Guided Savings Concepts – Viva The Savings Revolution!
Jun06

Guided Savings Concepts – Viva The Savings Revolution!

Guided Savings could be the way to encourage millennials to change their habits. They tend to prioritise short term spending over long term savings, making current banking propositions redundant. Today’s savings products are designed to help people secure a financial future.  But for most younger customers, saving is simply not an option or indeed desirable with credit so widely available. Further, their inexperience of this...

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Everyday Spending Concepts – Overlooking The Golden Egg.
Jun05

Everyday Spending Concepts – Overlooking The Golden Egg.

Everyday Spending is an area often overlooked. Customer demands have changed and yet banks have not delivered the highly desirable personalised and inter-connected digital experiences that we are now used to. Lack of personalisation in the current account space is becoming increasingly apparent to consumers. This has led to a plethora of new tech-oriented entrants attempting to steal market share with differentiated everyday spending...

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Wales: from coal mining to digital tech hub
Jun02

Wales: from coal mining to digital tech hub

According to the latest UK Tech Nation Report, the number of tech businesses in South Wales has risen by 28 per cent in the last year. This makes South Wales among the five fastest growing digital clusters in the UK. The report also showed that 17,471 people are now employed in the tech sector in South Wales, and a Gross Value Added of £392m, up from £369m last year, illustrating the growing value to Wales of the digital economy....

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Digital Concepts for Retail Banks – Execute on Innovation
May30

Digital Concepts for Retail Banks – Execute on Innovation

Ever sat in your office, pondering over digital concepts for retail banks and thought ‘I wonder what an awesome savings proposition would look like in pictures?’or ‘which partners would I pull together to form the best in market travel proposition?’ … then help is at hand. We’ve authored a book called ‘Execute on innovation’ and the 127-page masterpiece is jam-packed full of ideas that we can help you bring to life quickly...

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FINkit Engagement Model – Easy as 1, 2, 3
Feb09

FINkit Engagement Model – Easy as 1, 2, 3

Because we live in a complex world, we like to keep things simple wherever possible. And the FINkit Engagement Model is as easy as 1,2,3.   First? Pick a Problem. No-one starts with changing the way in which the world works, so it’s best to start with something small that you know will make a positive impact every day withreal discernible difference to your customers; an MVP. If you’d like inspiration from our experience in...

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FINkit DevOps Sprint Teams
Jan05

FINkit DevOps Sprint Teams

As a digital native business, we work – as you’d probably expect – in Functional teams right across the business to achieve results that are quick and highly effective. In development, we work in teams that consist of a mix of key roles, from our own and our client staff. This enables us to help migrate the knowledge base from FINkit staff to clients, so that clients can take over their own development work quickly. The...

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