Articles

Our CEO, David Brear, talks everything PSD 2 for HotTopics. Legislation is usually brought in to reduce stupidity amongst individuals, or groups exhibiting behaviors that may cause harm. PSD 2 is no different in terms of its purpose and overall need to exist. The European Commission has tried to foster innovation and filter banks toward more inclusive ways of working. PSD, miData and a number of other “carrots” meant to foster innovation have been used with limited success. Banks have treated all of these as purely compliance driven; tick box exercises, and tend to deliver the bare minimum to meet legislation. With regulators and governments now losing patience with banks, we now have the “go to your room” moment; PSD 2.

We asked some of the 11:Mamas what they think we do. Here's how that went.

As consumers order the new Apple Watch, could this eventually be the missing piece of banking’s ‘branch of the future’? With secure digital payments, facilitated through the iPhone and Apple Watch, is this the potential game changer everyone has been waiting for? This article was first published on the Financial Brand in April 2015.

It’s all very quiet. Almost too quiet for my liking. The UK banking system is under more stresses and strains than it has ever faced, but yet it is seemingly business as usual for many. The time is now upon us. Fundamentally, the decisions banks make in the next 24 months and the changes they implement in the next five years will define the industry’s winners and losers—period.

Legacy banking organizations are filled with career bankers who are set in their ways and naturally resist change. These managers can stifle the creativity and innovative spirit of others, impacting the ability for the organization to make needed transitions and remain competitive. What type of banker are you? Banks have been talking about a legacy holding them back for decades, but usually this discussion revolves around IT, core banking systems, distribution channels and traditional operation processes. This article was first published on the Financial Brand in July 2015.