The UK should prepare for a revival of ‘small banks’
While the current market is dominated by large incumbent players, new attitudes to regulation for smaller banks are likely to create more significant opportunity in the market for new and…
Why are banks favouring wealth management over retail?
Following HSBC’s announcement in late February that it intends to wind up its retail banking…
Banks have a golden opportunity to gain over Citi’s market retreat
Banks that consider buying out Citibank in any of the 13 markets Citi is leaving should look to take on what Citi did best: affluent clients and…
Covid-19 has increased the adoption of online banking
Retail banks face growing challenges during the pandemic as online banking has become the only way to operate. The past…
Banks relying on interchange fees should prepare for a rude awakening
As digital wallets, buy now, pay later (BNPL) providers, and challenger banks wise up to the value of customer transaction…
Banks have a golden opportunity to gain over Citi’s market retreat
Banks that consider buying out Citibank in any of the 13 markets Citi is leaving should look to take on what Citi did best: affluent clients and…
Covid-19 has increased the adoption of online banking
Retail banks face growing challenges during the pandemic as online banking has become the only way to operate. The past 12 months have been challenging for the banking sector, as…
Banks relying on interchange fees should prepare for a rude awakening
As digital wallets, buy now, pay later (BNPL) providers, and challenger banks wise up to the value of customer transaction data, banks charging fees purely for payments processing are unlikely…
Credit cards face further threat as retailers focus on tailored rewards schemes
Over the past year, the pandemic has seen the US market shake up its supermarket strategy, with retailer Walmart and leading pharmacist Walgreens announcing plans to enter the FS space.…
N26’s internal employee struggles suggest a bank lost at sea
Despite an urge to outgrow its digital rival Revolut, a significant loss in N26’s workforce suggests growing discontent with the current management and their strategy. For most of N26’s history,…
CBA’s push into BNPL is unlikely to force Afterpay out of the market
While CommBank’s (CBA) low-merchant-fee buy now, pay later (BNPL) product will put pressure on Afterpay’s business model, CBA’s less flexible terms to consumers mean it is unlikely to threaten Afterpay’s…
Supermarkets like M&S are unlikely to make good banks now or ever
With the rise of challenger banks like Monzo, a lack of customer enthusiasm, and retail shopping brands needing their own transformation programme, now is not a good time for supermarkets…
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