11:FS

I'm going to start with an unpopular opinion that we proposition design purists like to convince ourselves isn't true: sometimes it's ok to launch a clone.

Every day on our podcasts, our social forums, videos, and events, we have the privilege of talking to the founders, the builders, the passionate people shaping the future of financial services.

60% of time spent on the internet in China is on WeChat. For young people, this is their primary gateway to financial services. In fact, in China, more transactions now occur, by volume, through non-banks than through banks. James Lloyd, Asia-Pacific FinTech Leader at EY, talks to us about how tech companies like WeChat are filling market gaps left by the banks.

Markets, from the UK through to Hong Kong and the US, have become highly competitive. With more choice than ever before, how do you make your proposition stand out?

Working with agencies can sometimes feel like you spend weeks or even months covering ground that you already know before you start seeing value.

Continuous improvement is a huge focus at 11:FS. We’re always looking for the 1% improvements and 10x ideas (and everything in between) that will drive us forwards.

What’s in a name? Is it a convention with no meaning as Juliet would suggest? Or is it an opportunity? Do people get used to it even if you call yourself Meta? Of course.

We made it, folks! It’s been a tough year for all of us. One where both our professional and personal lives have been impacted in a big way.

At 11:FS, we build digital financial services, primarily banks. ‘Bank’ is a very broad term, of course, and our focus on client needs and ‘Jobs To Be Done’ approach (“People don’t want a mortgage, they want to buy a house”), means that we rarely set out to build a pure bank.

2020 has been one hell of a year, and - like most companies - battling through COVID as a business is one of the biggest challenges we’ve faced. So waking up this morning to see that we've made it onto LinkedIn's 2020 Top Startups list for the third year running has been incredible.

The introduction of new competition-friendly regulations have led to a wave of new market entrants in the form of fintech start-ups. And it’s not just happening in developed markets.

The research on retail payments that I have done over the past couple of months had me thinking about my own payments journey and left me wondering how my own behaviour has evolved and what drove me to make such payments?

David M. Brear meets with HSBC’s Group COO, Andy Maguire to discuss digital transformation, the complexities of implementing fintech updates across 67 countries, and customer needs over technology. Listen us interview him here or click play below. You can also read on for insight into how HSBC is adapting fintechs into their suite of products.

Mental health isn’t just a concern on National Sickie Day or Time to Talk Day. So why aren’t we taking the conversation further?

The financial services pie is looking increasingly appealing, and it’s not just fintechs and digital banks who want a slice...