Comments on: Which banks understand the web lifestyle?

By: Which Banks get the Web Lifestyle | RBC « The Bankwatch

Which Banks get the Web Lifestyle | RBC « The Bankwatch — Thu, 03 Jul 2008 03:23:06 +0000

[...] Which banks understand the web lifestyle? ← Microsoft buys Powerset, and introduces new things for Bank web sites to consider [...]

By: Payments and Banking Blogs (assembled by PaymentsNews.com) « WayTooHigh.com

Payments and Banking Blogs (assembled by PaymentsNews.com) « WayTooHigh.com — Wed, 30 Apr 2008 18:35:54 +0000

[...] The Bankwatch by Colin Henderson [...]

By: Maxima

Maxima — Thu, 10 Apr 2008 17:17:55 +0000

Hello Collin

I am student (Master information System ) in Stevens institute International. I have been worked in a banking sector for 18 years and now I have selected my thesis topic “the techonological future in the banking sector”.

I am telling you this because maybe you can help me to get websites or another sources that can provide good information about that.

Thanks

By: Colin

Colin — Sat, 06 Oct 2007 15:10:14 +0000

@Krzysztof … many thanks for your comment. I have to admit to doing some checking first when I saw your sig, so pardon my delay in responding.
I think its fantastic you are encouraging internal social networking, because thats a core element of the ‘Cluetrain Manifesto” vision – networked employees, + networked customers.
Thanks.

By: Krzysztof Rybinski

Krzysztof Rybinski — Fri, 05 Oct 2007 19:30:35 +0000

Let me assur you that banking is going to become banking2.0 sooner than people think. It is coming to central banks too. As a first central bank board member in the world I started my won blog a year ago (www.rybinski.eu) and we are now working at the NBP to launch Intranet that will have social networking functions.
Krzysztof Rybinski
Deputy Governor
National Bank of Poland

By: Colin

Colin — Fri, 07 Sep 2007 15:41:13 +0000

@David … This blog is intended to be independent and objective. I don’t believe in blog advertising for that reason. Thanks for the offer.

By: David Krase

David Krase — Fri, 07 Sep 2007 11:51:47 +0000

Hi,

I am interested in purchasing textlink advertising at some specific pages of http://thebankwatch.com . let me know if interested so that we can discuss it further. I can make a good offer to make it worth your time.

Let me know!

Thanks
David

By: joeandrieu.com » Blog Archive » VRM & Microformats

joeandrieu.com » Blog Archive » VRM & Microformats — Fri, 19 Jan 2007 11:14:23 +0000

[...] Colin Henderson at BankWatch writes: I had considered microformats might be a method of managing these interactions. Could the consumer requirement I have outlined be brokered by a Microformat? That’s the open question I have. [...]

By: Banking 2.0: Web 2.0 bij de banken - Frankwatching

Banking 2.0: Web 2.0 bij de banken - Frankwatching — Mon, 11 Dec 2006 22:15:27 +0000

[...] Nog even terug naar het buitenland, naar enkele andere serieuze internationale blogs over banking. De Belgische KBC-bank koos er voor om zelf in dit gat te springen en begon haar eigen Analistenblog (onderdeel van het businessportal van de krantentitel De Standaard Online). In datzelfde portal ook vergelijkbare blogs van Dexia, Fortis en ING. In Canada kwam ik PaymentsNews tegen, een blog van consultancy- en researchbureau Glenbrook Payments Professionals. Interessant zijn ook Bankwatch, een persoonlijke blog van de blog Bankervision van James Gardner, Director for Retail Banking bij Getronics, Digital Money Blog van strategist Jane Adams voor IT-consultancybureau Consult Hyperion en The Better Banking Blog van de Australische Charis Palmer, zij is managing director van het Australische analistenbureau Online Banking Review. In Zwitserland vond ik tot slot nog ebanking.ch. [...]

By: Bank, insurance and Web 2.0 at ING Asia/Pacific’s Blog

Bank, insurance and Web 2.0 at ING Asia/Pacific’s Blog — Mon, 30 Oct 2006 09:31:33 +0000

[...] On bankwatch a discussion is taking place on banks and their understanding of the current web lifestyle. No doubt that ING Direct is one of the most successful business models for a bank built around the Internet. Yet, it has its roots in the time before the “Web 2.0 paradigm”. It is a best practice of providing traditional bank services via (non traditional – although, how non-traditional is a phone?) direct channels. [...]

By: Banks role as middleman is under attack « Bankwatch

Banks role as middleman is under attack « Bankwatch — Fri, 27 Oct 2006 04:55:37 +0000

[...] Which banks understand the web lifestyle? ← TheStar.com – One in three read blogs: Environics [...]

By: david garceran nieuwenburg

david garceran nieuwenburg — Fri, 27 Oct 2006 02:07:50 +0000

The bank is becoming less important in its role of middleman between demand and supply of money – at least, in the medieval bank model as set up by some rich Italian families hundreds of years ago.

A newer middleman function for a bank could be modelled after the eBay model. Let the expertise and decision making of demand and supply reside with these parties themselves.

This would apply to retail banking but also to corporate banking. Toyota could lend money to IBM as could Vodafone to Singapore Airlines. These companies have as much financial expertise for their specific needs as any bank – a new bank role could be to connect these people.

Again, in the retail space we can follow zopa.com and prosper.com to see if a model like this works. As of now I would be surprised if it would not.

By: Lennie

Lennie — Thu, 26 Oct 2006 22:35:03 +0000

100% in agreement. However, there is extreme vulnerability and risk for the customer as well as the institution. You might want to check out Passfaces.

By: Colin

Colin — Thu, 26 Oct 2006 02:31:55 +0000

RE: “Perhaps the best banking internet model will not emerge from banks … ”

This statement sums up why I am so keen on this blog, and perhaps in some small way ideas will emerge to change that.

By: david garceran nieuwenburg

david garceran nieuwenburg — Thu, 26 Oct 2006 02:25:00 +0000

Hello Colin,

I agree, and we are in good company with for example M.E. Porter who some years ago convincingly described that Internet is a disruptive “technology”.

I work for a bank/insurance company too and although we have built a successful online banking model it clearly fulfills online needs of an old generation.

Pushing traditional products through a “new” online channel might have an expiration date not too far ahead.

We see already that Paypal can successfully take over the payment function of banks. Zopa, Prosper, Kiva and such are now on their way to prove that lending and financing can also be done without banks.

These are models that take into account the (perceived) finance needs of the generation that is becoming increasingly more and more the larger portion of bank clients.

Perhaps the best banking internet model will not emerge from banks …