BAI | Netbanker review

In true form, Jim posts some excellent observations from BAI.

I especially liked the Moneto, BMO, and Tapscott comments – two awesome/ one terrible.

Highlights from BAI Retail Delivery 2008 | Netbanker

  • Most audacious business plan: Alt-payment startups Moneta and sister company Acculynk which are looking to disrupt online payments at the point of sale
  • Best demo of something that actually exists: Bank of Montreal’s demo of its new branch locator using Microsoft Virtual Earth (shown at the Microsoft’s booth)
  • Worst financial example during a keynote: Don Tapscott used Zopa USA as an example of a promising new web 2.0 financial company (Zopa pulled out of the U.S. market last month)

Relevance to Bankwatch:

BAI has a history of being an ATM conference, and has evolved to showcasing latest things. It is a sad state of affairs when the ‘coolest’ thing is a map mashup. ho hum  Where is the bank innovation??  Not at BAI.

PS…. Don – time to get out of that research stuff and back to what your gut tells you like the old days.

2 thoughts on “BAI | Netbanker review

  1. Just cuz Zopa pulled out of the US market last month, doesn’t mean it’s NOT a “a promising new web 2.0 financial company.”

  2. @Ron … Jim indicated in his notes the example given was Zopa US specifically. That Company no longer exists.

    Yes Zopa global (UK, Italy and Japan) is a fantastic business model and would have been a relevant example.

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