Proactive MiFID compliance - a competitive advantage

A survey-based study presented this week by Deloitte in Paris has some interesting revelations about banks’ attitudes to MiFID, which the consultancy divided into two main categories: the pro-MiFID and the merely “MiFID-compliant”. You guessed it, the former are a lot more proactive than the latter.
But more interestingly, Deloitte found that it was retail, full-service […]

Online Marketing Works For Smart Banks – Aite Group

The largest US banks are expending more effort in online marketing and getting results in the form of increased account balances, improved retention and more products per customer, says the Aite Group’s Ron Shevlin in a new report.
“Considering trends in consumer behavior, Aite Group believes many institutions are digging a hole for themselves by underinvesting […]

In paper we trust

You’d think it would be easy and affordable to “electronify” business documents. After all, isn’t it much easier, not to mention faster, to email an invoice rather than send a hard copy in the post? Sounds simple enough, except that, in its infinite wisdom, European law demands that electronic invoices be digitally signed, with a […]

Waiting for Web 2.0

When you look at the way the internet has impacted the way we consume music and news, or the way we shop, it may seem that financial services is perhaps one of the industries on which the web has had the most limited impact.
Apart from online trading, there have been relatively few revolutionary inventions in […]