
As a designer, it’s an all too familiar scenario: you’re about to undertake work on an exciting new digital product or service. It has the potential to have it all, only for you to be handed what all product designers dread - the existing constraints of a rigid and outdated brand playbook. It can certainly feel like a crushing blow. But approached in the correct manner, these constraints can be transformed into an opportunity to take both the product and the brand to the next level.

Digital Banking is only 1% Finished. That’s our motto at 11:FS. You can see it plastered across everything we do, we talk about it at events, and it’s in all of our client work. Taking a paper statement to the telephone, to a website and then a mobile app isn’t where digital banking ends; it’s where it begins. Digital Banking having 99% to go is a statement of optimism, of opportunity and its how you differentiate, as consumer expectations will only grow in the coming years.

On 1st August at approximately 12:20 UTC, the cryptocurrency known as Bitcoin formally began a process to fork – or split into two- creating Bitcoin Cash, a new currency. It is unclear exactly what the implications of this will be in the long term but here’s a summary of what we know so far:

It’s about trust. Why do banks insist on having everything? Because they think if they only insist on some, they’ll never get the rest.

Fintech is technology used in the financial services industry, insurtech is technology used in a subset of that industry, insurance. And yet while one is typically considered fascinating, worthy of pages of mainstream media coverage, mention of the other is often greeted with eye-rolling outside of specialist circles.

Sam Maule joins 11:FS as Managing Partner, Americas

This week I had the super-smart Mariano Belinky tell me that the current crop of challenger banks are really just ‘better mousetraps’.

A few weeks ago, I outlined the problems with the financial products that supposedly address small and medium sized businesses’ (SMBs) needs, and how they are chronically underserved by incumbent financial institutions (FIs) across all sectors. Since then, we’ve explored how things are changing in the SMB insurance space and delved into the developments in the areas of bank account opening, payments and loans in our podcasts. I’ve also been busy trying to discover, articulate and demonstrate what “best in class” in this industry looks like in my latest research report.

At 11:FS we like to say that digital banking is 1% finished, well the same is true of Open Banking. The unknown potential of the regulation far outstrips what is being done right now. And that potential has caught the imagination of foreign regulators.

Dave Bruno, Co-Founder at YNOME and Head of WM Innovation at UBS, explains how digital can scale wealth management for everyone.

The last few weeks have shone the spotlight on leadership teams at banks and how they have responded to the unprecedented circumstances created by a global pandemic.

Jason Bates interviewed Stephen Barclay, MP – the Economic Secretary to the Treasury, for Fintech Insider Interviews to gauge his views on the UK fintech scene, and the government’s role in facilitating the rise of fintech, how fintech can help the government, what the impact of Brexit will be and the Treasury’s message to the rest of the world.

A three-part series by 11:FS Non-Executive Director, Lisa Gansky Last week Lisa discussed how to become truly digital you must take a leap of faith, ask questions, make a mess and ultimately shake up business models completely. True transformation must fully pervade an organisation’s culture; it must be far more than just a project. Read part 2 in full here

The first few weeks of 2017 bombarded us with articles predicting the future of FinTech and financial services. Chris Skinner, our Non-Executive Director at 11:FS, analysed them all and identified the top 11 trends that the leading banking and FinTech experts agree we should be following now.

If you are an SME, the chances are you have been seriously neglected by your bank. Your accounting software or Excel spreadsheets are probably your only go to points to understand the state of your business. Your invoice management is likely to be scatty at best, and cash flow optimization is probably not something available in a few clicks. Oh, and it probably took you a couple weeks to actually apply and get your bank account.

Today, Coinbase has got them self in some trouble after allegations that their staff may or may not have 'taken advantage' of Bitcoin Cash being launched on their platform, Mark Carney warns that crypto-assets must face similar regulatory scrutiny as financial markets and UK Shadow Home Secretary Dianne Abbott calls Bitcoin a Ponzi scheme? We also bring you a great interview with non other than Ethereum and Consesys founder Joe Lubin!

On today's episode we were joined by a plethora of insurance wizards to discuss Connected homes. Zurich head of market management Arslan Hannani, Cocoon co-founder Colin Richardson, PolicyCastle co-founder Kristian Feldborg and Fing head of business development Patrizia Cozzoli. How are IOT and data going to change a fragmented retail market with regards to insurance?

In this week's news show we had representation from both sides of the Atlantic as Nina Mohanty, Doug Bobenhouse and Valentina Kristensen joined new host Ross Gallagher in his first rodeo in the hosting seat, and Simon Taylor to discuss the week's biggest stories.

Today we bring you an interview with CEO of BrainTribe Stefan Ebner. BrainTribe aim to create the open source operating system for data, enabling a world of data democracy and mass innovation.

This week we had great news from both sides of the Atlantic, lots of team ups and partnerships plus some of the sillier crypto stories we've seen Taking on all of this along side host Simon Taylor were Megan Caywood, Chief Platform Officer at Starling; Edward Berks - Director of Banking, Fintech & Ecosystem at Xero, and our very own Ross Gallagher, Principal Consultant in our 11:FS Research Team.

In this episode Simon Taylor chairs a round table discussion on financial inclusion, based around Tech City UK's Fintech For All competition, and he's joined by the winner, event sponsors and event organisers.

Simon and Colin discuss the Whitehouse holding off on Bitcoin regulation, Ellen Degeneres explaining Bitcoin, Telegram's ICO money and much, much more. We also bring you an interview with Patrick Berarducci and Matt Corva from Consensys about Brooklyn Project.

In this very special show, we let our sister podcast Blockchain Insider takeover the mics, as Simon Taylor leads a roundtable focusing on blockchain and insurance and the different opportunities and ways of thinking that can be tapped into using smart contracts and DLT, while co-host Colin G Platt interviews Stephan Karpischek, Co-founder of Etherisc, who are building decentralized insurance applications.

In this episode, we bring you our fourth After Dark special, recorded in front of a live audience as Jason and Simon are joined by Niall Cameron, Ross Gallagher, Sarah Kocianski and Valentina Kristensen to discuss the week's biggest and silliest stories.

In this episode Simon is joined by Sara Feenan in place of Colin this week to cover the week's top stories and we have a fantastic interview from Blythe Masters, CEO of Digital Asset.

In this episode, Simon and Jason are joined by Chris Skinner, Tanya Andreasyan, Kristian Luoma and Cliff Evans, to take on the week’s top stories.

In this episode, Simon, Colin and guest Sara Feenan dissect the week's news and we have a fantastic interview from Jameson Lopp!

In this week's episode we focus on the Sharing and Gig Economies and changing insurance models as a result. We also chat to co-founders Mike Rudoy & Luke Cohler from New York based start-up, Jetty.

In this episode, Simon Taylor speaks to Scott O'Malia, CEO of ISDA, the International Swaps and Derivatives Association

In this week's episode, Jason, Simon and David are joined by 11:FS Research team's Ross Gallagher, Capco's Charlie Wood and Fluidly CEO Caroline Plumb.
Ever wanted to know what’s going on behind the scenes every time we make a payment?
Regulation is essential. It stops banks from going bust or behaving badly.
The invention of the computer revolutionised banking in the 1950s.
Lending has been around for thousands of years and is one of the cornerstones of banking.
They're down, but they're not certainly not out.
Mastercard and Visa are the two biggest credit card networks in the world.
We kick off our Decoding: Banks series with a look at the banking landscape today and how we got here.

David M. Brear, our 11:FS CEO, takes us through legacy technology within banks - but of course, with a really cool Lightboard.

Fintech Marketing Podcast Season 2: Coming soon

After Dark - Open Finance: fact or fantasy?

The UK banking battlefield has never been more competitive. Customers expectfinancial apps that are personalised, seamless, and that genuinely make a differenc...


The UK banking battlefield has never been more competitive. Customers expectfinancial apps that are personalised, seamless, and that genuinely make a differenc...

