Category Archives: Business

Weekly news round up 9 November 2017

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Finance

The Spanish Bank, BBVA, approached its latest mobile app in a totally different way. They reduced the size of the team to 15 and incorporated Design Thinking (for more information about Design Thinking, read this excellent article from the UK Design Council). The results have been very impressive:

  • Credit card applications increased by 80%
  • Current account openings by 20%
  • Sales of investment funds up 50%
  • Sales in pension plans, health insurance and home insurance doubled
  • Car insurance tripled
  • People carrying out mortgage simulations tripled.

https://www.finextra.com/newsarticle/31304/design-thinking-pays-off-for-bbva

Technology

Warning: fake WhatsApp apps started appearing this week
Warning: fake WhatsApp apps started appearing this week

It’s been a shameful week for security with two large public scams. The first was a fake WhatsApp app appeared in the Google Play store. It would have taken a very keen eye to spot any problem with the fake app. And the second scam was fake supermarket vouchers being distributed among WhatsApp users. The problem with the voucher was that it took users to a landing page which asked for personal details. Continue reading Weekly news round up 9 November 2017

Weekly news round up 2 November 2017

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Finance

There might be fewer [free] ATMs in the UK soon. Link, the banking organisations who fund 70,000 UK-based, free UK cash machines, want to cut their contributions by 20%. https://www.finextra.com/newsarticle/31276/link-plans-could-slash-number-of-free-atms

McKinsey wrote a report about banks needing to create their own platforms and new business models as Alibaba, Amazon and Google start competing with them. McKinsey said that banks need to capitalise on their consumer trust and wealth of data. I agree and wrote a comment on the article which then spawned an online debate. https://www.finextra.com/news/fullstory.aspx?newsitemid=31251 Continue reading Weekly news round up 2 November 2017

Weekly new round up 26 October 2017

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Strange, but creative. Still strange though

Conor Nickerson, from Canada, has spent a lot of time and effort adding himself into his own childhood photos. He’s pasted himself, as an adult, next to the original himself, as a child. He’s achieved some great results. You wouldn’t have even noticed the editing without knowing beforehand. It’s a good, creative marketing trick, and I hope he got some business from this. I hope it doesn’t become a trend. https://www.boredpanda.com/guy-photoshopping-childhood-photos-conor-nickerson/

Cars

Got Netflix and Spotify? Buy another subscription service from Porsche.
Got Netflix and Spotify? Buy another subscription service from Porsche.

Porsche in Atlanta has launched a new subscription model for their range of cars. For $2,000 a month, you can get access to a range of Porsche cars each month. And as with all good Internet subscription models, there’s a Premium version that gives you access to more cars including some GTS models. Continue reading Weekly new round up 26 October 2017

Weekly news round up (18 October 2017)

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Technology

The five biggest announcements from Amazon’s hardware event were:

  1. The Echo alarm clock (spot)
  2. Echo plus (a home hub)
  3. Cheaper echos in a three-pack
  4. Echo buttons
  5. BMW integration
  6. New Fire TV.

Hmmm… that’s six products. The big question: does a houseful of echos make an echo chamber? https://www.theverge.com/2017/9/27/16374254/amazon-event-2017-news-recap-echo-spot-fire-tv-hardware

The new GoPro Fusion 360 degree camera. It looks outstanding, even if it makes your hand look a little odd on playback. Watching it again, I cannot believe the video quality of this tiny device:

Continue reading Weekly news round up (18 October 2017)

The future of digital advertising

Shipping and sea routes - see the big data example belowI was kindly invited to an event today called “The Ad Apocalypse And The Rise Of Interactive Brand Experiences”, hosted by wayin. Wayin runs a content management system for brands to run interactive campaigns in their digital advertising.

Although the event proved how wayin was the answer to several of life’s challenges, there were a few interesting thought leadership pieces at the event which I’ve tried to capture below.

My apologies for brevity in the notes format and any spelling mistakes.

Wayin introduction, Richard Jones (Wayin CEO)

Richard started by describing how Mondelez has pulled £100M from their advertising recently due to the lack of impact that their digital advertising spending is having. They’ve never pulled ad spend before the holiday season. Continue reading The future of digital advertising

Weekly interesting news round up

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Banking

Let’s start with some good news! ING ran a trial of contactless charity donation boxes. The trial resulted in average donations doubling old-fashioned cash collection tins. I think the new donation box design could be improved, but it still encourages generosity to charities. .

Apple is close to launching their person to person payments service. It’s purely proprietary – which means only Apple users will be able to send and receive payments. I predict Apple Pay Cash will have a bigger cash stockpile this time next year than many high street banks. This is because users will keep their received cash on their device, simply because it will be easier than transferring it into a bank account. https://t.co/agcKxKigJx Continue reading Weekly interesting news round up

InsTech London September event

19 start ups appeared at InsTech London September
Here are the 19 start ups at InsTech London September

Last night was the latest InsTech London event. InsTech, or InsureTech or InsurTech (please can someone confirm the standard nomenclature?) applies to the insurance industry in the way that FinTech was the industry disruption in the financial industry.

Insurance is ripe for this disruption because so many business processes are done on paper (quite literally – and this is where the term underwriter comes from) or a combination of Excel spreadsheets and email. Continue reading InsTech London September event

Weekly interesting news round up

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Sport & hospitality

Formula 1 Ferrari
Formula 1 sponsorship is still growing due to the value of live sports
Source: Wikipedia

Q: How much do you think Marlboro sponsor Ferrari?

A: Around $100m per year.

As we watch more and more on-demand television, the value of live sports television just keeps rising. http://www.sportspromedia.com/news/ferrari-spark-marlboro-renewal Continue reading Weekly interesting news round up

Weekly interesting news round up

Here’s a summary of interesting stories I’ve seen over the last week. I try to concentrate on the stories which aren’t necessarily mainstream.

Sport

NFL notebook
The NFL is a good indicator of where the English Premier League is commercially heading

I’ve always said the Premier League is commercially 5 years behind the NFL. To anyone who thinks Premier League TV revenues or player salaries are too high, do not read this article on the latest NFL commercial numbers. Some examples:

  • The Raiders are building a new stadium in Las Vegas at a cost of $1.7bn. Tottenham Hotspur is building a stadium in London for £800m.
  • Roger Goodell is the commissioner of the NFL. He earns $30m per year, compared to Richard Scudamore, the head of the Premier League, who earns £2.5m including bonuses.
  • The Premier League does win on salaries though. The NFL has a team salary cap of $167m per team. Compare this to Manchester City’s wage bill (last year) of £225m. Put another way, the top 5 teams in the Premier League has a wage bill higher than the NFL’s cap.

Continue reading Weekly interesting news round up