The French are coming

Why the UK banks should beware

23 November 2011 | Internet banking | Ross Methven

Earlier this month it was announced (PDF) that Selftrade, the UK-based execution only broker owned by Boursorama, had become a bank with deposit taking permissions granted by the FSA.

Selftrade’s CEO, Paul Greetham, has said that "over the next few years and subject to further FSA approval,...keep reading

Finovate London 2011: What the bankers say

The criticism directed at banks for lack of attendance and innovation… blame Apple!

17 February 2011 | Social | Ross Methven

Since the Finovate conference in London on 1st February there have been a number of criticisms of banks, from lack of attendance at the event to their underlying unwillingness to innovate. If these criticisms are justified, why are the banks dragging their feet?

Since the conference I have...keep reading

Metro Bank launches internet banking platform

Metro Bank launches internet banking platform in the UK

26 August 2010 | Internet banking | Ross Methven

Part of Metro Bank’s promise to customers is that they will “deliver unlimited convenience” through “great online banking”. After the delayed launch, have they kept their promise?

Strengths:

  • Core banking functions are present (balances, statements, internal / external transfers, bill...keep reading

New applications; which banks manage expectations?

Make the process easy and customer will see it through, says Mapa

31 October 2008 | Internet banking | Ross Methven

Mapa has recently completed a global research project which compared the new bank account opening process of over 40 banks in 10 countries. The work included an audit of account selector tools, the online application process, decision delivery, debit card delivery and gaining access to...keep reading