I have written in a previous post about the business model challenge facing all challenger banks. Today I am moving to the next big problem – customers. A successful business model describes a way of making money and be eventually profitable, and for a retail bank it also means people, customers ready to use the […]
Tag: banking innovation
Moven and the Diffusion of Fintech Innovations
Perpeetum Mobile When I was in 5th grade, at the end of the academic year, just before the start of the summer vacation, our Physics teacher shared with us a “big secret”: he invented a “perpetuum mobile” machine. He went on a rant about how he has it all designed, could not build it because he did […]
Finovate London–More Old News?
This week I have attended Finovate for a second time – this time in London. I have seen the same very high energy level, extremely smooth organization, and over 1000 attendees from the financial services industry. A full list of companies and short description of their technologies can be found here – I am not […]