Opinion on Financial Services

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Type Product title / description Pub Price
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LevelUp's iBeacon support a strong first step

LevelUp's move to incorporate Apple's iBeacon technology into its service offering highlights a growing trend among payment technology providers looking to promote the use of BLE technology and location-based offers among merchants.

Published By Datamonitor
22 Jul 2014
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P2P payments a big boost for SnapChat

SnapChat's trademark filings signal the company is looking to facilitate fund transfers via its instant messaging service. SnapChat is tapping into the rising popularity of mobile payment services ahead of competitors.

Published By Datamonitor
22 Jul 2014
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Lack of trust the greatest barrier to advice

Following the defeat of the FoFA disallowance motion in Australia, establishing trust in the advisor-client relationship is becoming more important than ever.

Published By Datamonitor
16 Jul 2014
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Westpac branches have high-value potential

As its competitors have continued to slash branch numbers, Westpac maintains its extensive bank network. Yet a shift in product focus might provide Westpac with the return on investment that other banks are shunning.

Published By Datamonitor
16 Jul 2014
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ASEAN banking scene takes shape

Malaysian banking groups CIMB, RHB Capital, and the Malaysian Banking Society are confirmed to be in three-way merger talks. The combined bank would be the largest player in Malaysia, eclipsing Maybank, the current market leader.

Published By Datamonitor
14 Jul 2014
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Clarity is key for Barclays overdrafts

Barclays' decision to make its UK overdraft charges more straightforward will promote a greater sense of openness and trust in the bank, despite arguably leading to higher charges in many cases.

Published By Datamonitor
25 Jun 2014
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Barclays scraps passwords for biometrics

Barclays has introduced biometric identification for telephone banking to make identity verification quicker and more secure. However, expansion into more popular channels will make a real difference to the customer experience.

Published By Datamonitor
25 Jun 2014
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Barclaycard adds wearables to contactless roster

Barclaycard's plan to roll out "bPay band" is a strategic move by the bank to capitalize on the rising ownership and awareness of contactless payment cards in the UK. However, making it a mainstream payment tool will be challenging.

Published By Datamonitor
23 Jun 2014
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More creativity required to net MFI relationships

Transaction accounts that reward continued regular activity can capture critical main financial institution (MFI) relationships.

Published By Datamonitor
13 Jun 2014
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Nationwide uses mobile app to boost saving

Nationwide has become the first UK provider to add login-free functionality for balance checks and transfers to savings accounts to its mobile app. Reducing the friction associated with these tasks will significantly improve the user experience.

Published By Datamonitor
11 Jun 2014

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