August, 2020

Remove banking-2020-innovation-strategies
article thumbnail

The absurdity of how the Internet and memetic infection of Finance

Lex Sokolin

Some of you reading this are heads of innovation at investment banks, pushing forward institutional change. And banks and fintechs are realizing that packaging their products into APIs and opening up to digital brands is a life-saving growth strategy. Humor can highlight dissonance, hypocrisy, and injustice.

article thumbnail

The rise of Monzo, Revolut, and Starling and a comparison of Facebook and Whatsapp

Lex Sokolin

Did their B2C customer acquisition catalyze banking-as-a-service and push the incumbents to do more with existing systems? And finally, how well does the marketplace banking idea really compare with the Eastern super apps? For all purposes, Monzo is competing with both Barclays for banking and Apple for the operating system of apps.