The Cash Crunch

COVID-19The Cash Crunch Chris Chan, Dan SelwynBusiness Consultants, Financial Services The first transmission of COVID-19 within the UK was confirmed in February. The following month, the prime minister announced a nationwide lockdown with a drastic set of measures...

A Search for Calmer Waters

COVID-19A Search for Calmer Waters Tom RichBusiness Consultant As we fight this global crisis on multiple fronts throughout the world, no aspect of everyday life has remained untouched. The economic impacts of this pandemic are enormous, and we still have a long way...

An Overview of The Financial Services’ Response to COVID-19

COVID-19An Overview of The Financial Services’ Response to COVID-19 Dan Selwyn, Tom Rich, Chris ChanBusiness Consultants, Financial Services The COVID-19 pandemic that has spread across the world has impacted all aspects of everyday life, and the social, economic and...

Blog – Introducing B2ME – My data, what’s in it for me?

Dennis Collet You, I, all us consumers – we own our data and that’s an opportunity and problem at the same time. Open Banking is a data play as it enables an entirely new market, not B2B, not B2C, but B2ME. We’ve been discussing the legislation, background and...

Blog – Thinking Out Loud: Innovative Use Cases for Open Banking

Dennis Collet To appreciate – and even just imagine – the true potential of Open Banking, we must look beyond the obvious ways we currently interact with and consume financial services. As mentioned in my previous post, Open Banking seems still to be the...

Blog – Open Banking: Getting the basics right

Dennis Collet Britain’s decision to implement Open Banking with a single API standard is seen to be a key enabler in lowering the barriers to entry and to also provide a wide-range of financial products. Before debating the impact of Open Banking on the...

Will traditional banks have a future?

Established banks have strength in terms of economies of scale and size both in customers and data. However they really struggle to adapt to change In the mid 90’s Bill Gates famously said that banking is necessary, banks are not. Will this be the end of banking...

How can banks counteract the GAFA threat?

Richard Meirion-Williams For banks to remain central in the lives of consumers, they must provide consistent and fulfilling customer experiences across the digital and physical environment. It’s not just about having access to customers credit or debit accounts, but...