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Account aggregation is dead, long live account aggregation

Despite the positive comments here, I believe account aggregation as a stand-alone concept is dead. Customers didn't get it, saw no incremental value, and in fact were scared of it, because of having...

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Yodlee launches personal finance platform

Yodlee continue to successfully build out functionality, and capability founded on aggregation of all a consumers financial accounts. Finextra: Yodlee launches personal finance platform The Yodlee...

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Online Banking: Moving Toward a New Paradigm

Aite Group issue a new report that assesses the business and technology strategy amongst 21 large US banks. So this will I presume include, Wells, Citi, Wachovia, Chase etc. “Online Banking: Moving...

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‘Build your own Bank’ to become customer centric? | Finextra

 Congrats Paul and Finextra on going live with embedding community into their site, with their professional network.  It has been in beta for 6 months, and just went live. I have been posting over...

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Banks | time to be afraid

Mint has officially joined my list of top disruptive services in financial services. Till now, I only had one. These statistics below from TechCrunch suggest staggering and unique opportunities, data...

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ANZ Bank Brings Account Aggregation to Australia | Netbanker

In some refreshingly positive news, Jim at Netbanker highlights the new aggregation service, for ANZ Bank in Australia.   Click through for details, and screenshots. ANZ Bank Brings Account Aggregation...

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RBC speak about convergence for EBPP and statements

The commentary here from Colin McKay, vice-president of e-business architecture RBC in this video interview, is refreshing to hear from a Bank. RBC discusses client reporting and customer statements |...

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All banks have the same strategy | what happened to the Starbucks strategy?

It was refreshing to read this piece, and takes us exactly where innovation in financial services ought to be going – the new (old) grand ideas. Starbucks should start banking | FT What if Starbucks...

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Where will the innovation come from in financial services?

A central question for financial services is this:  “Where will the innovation come from in financial services?” I read this piece from Dave over at Digital Money Forum, and it highlights a central...

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