Fintech makes the world go around:

January, 2018

January 29, 2018  8:08 AM

Bank systems glitch leaves thousands unable to access funds, but bank doesn’t explain what happened

KarlFl40 Profile: KarlFl40

I am always shocked at the bland responses I get from banks after they suffer an outage. When there is an outage the most I get from the press offices at the big banks is something like: “We are aware that some of our customers are unable to access mobile and online banking services. We are...

January 24, 2018  10:54 AM

Fintech based banks need more differentiation to convince consumers to ditch traditional players

KarlFl40 Profile: KarlFl40

I received some survey results this week looking at why people are not moving their money to challenger banks at a faster rate. Turns out that they actually quite rate their banks after all. The study of 1000 people from marketing agency True and research company Strive, found that 86% of people...

January 17, 2018  12:53 PM

Ordering a takeaway on a smartphone is transforming your local environment and community

KarlFl40 Profile: KarlFl40

The law of cause and effect might be hard for Donald Trump to comprehend, but experts in areas from transport infrastructure to community development need to apply their expertise to the relationship between digital lifestyles and traditional ways of living. Digital transformation comes at a...

January 15, 2018  9:51 AM

Insurtech firm lost EU funding as a result of Brexit, but filled gap through fintech platform

KarlFl40 Profile: KarlFl40

Last month I wrote a story about a UK insurtech startup Honcho which had to find £650,000 when money due from the EU was put on hold due to Brexit. I...

January 10, 2018  1:45 PM

As open banking hits UK is it time to dispel the Google Bank theory?

KarlFl40 Profile: KarlFl40

On writing a news article about Google bringing its different payments services under a single brand I couldn’t help revisiting that all so often theory of Google Bank. This week Google put services including Android Pay and Google Play

January 4, 2018  11:37 AM

Could the babel fish be around the corner via Google

KarlFl40 Profile: KarlFl40

As a kid watching The Hitchhiker’s Guide to The Galaxy I was particularly fascinated with the babel fish. Once inserted into the ear, this leech like creature makes any other language instantly understandable by...

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