PSD2 is Speeding up the Tracks

On Saturday afternoon’s The Bottom Line on Radio 4, Evan Davis asked Anthony Jenkins, former CEO of Barclay’s Bank, what he thought the next big thing in banking would be. Jenkins replied: “In the very short term I think the better use of data to make lending and credit decisions and marketing decisions.”

Of course I couldn’t agree more, as this is exactly what we are already doing with The Affordability Passport. Read more

New Dimensions for Astronauts and Banking

Hidden Figures, in cinemas now, is the story of Katherine G Johnson, Dorothy Vaughan and Mary Jackson, three female African-American mathematicians, or “computers”, working behind the scenes at Nasa in the 1960s. The story is set in Virginia where racial segregation meant that black and white Americans working for Nasa had to use different entrances, different toilets and different coffee pots. Read more

Open Banking: Soon to be a Costa Conversation

The business world moves fast, fintech possibly even faster, and every year there’s a raft of new technological developments and a whole new vocabulary to describe them. In 2016 we downloaded the Uber app, and we possibly dropped the term “unicorn” into conversation when we were talking about Uber, Snapchat and other hugely successful billion-dollar tech start-ups. Read more

Customer Empowerment & Concrete Lifejackets

In just over 12 months the whole landscape of banking will change forever. The new open banking standard, with its secure API, will make it possible for customers to access and share data that banks have historically held. Read more