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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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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The Open Banking Opportunity
Mar15

The Open Banking Opportunity

In Q1 of this year, the UK’s Competition and Markets Authority (CMA) issued its final order ‘The Retail Banking Market Investigation Order 2017’ which sets out a package of reforms to deliver ‘Open Banking’ to the UK retail banking market, including the use of APIs. The aim is to enable consumers to share their own banking data with other banks to drive competition and transparency in the financial services market. Although this will...

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Dropping the curtain on ‘Innovation Theatre’: Part Four
Dec02

Dropping the curtain on ‘Innovation Theatre’: Part Four

“40% of bank C-suites have zero technology experience.” The team at FINkit has had the fortune of working with some real visionaries – both within our own team and at our clients and partners. People that know the future is coming, know the role that technology can play, get the commercials, see the hurdles and have the strategies to overcome them. In technology, ‘disruptors’ and risk takers are ten-a-penny. In banking you...

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