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Brief description: The Financial Services Club is a unique service aimed at Senior Executives and Decision Makers from banks, insurance companies, technology firms, consultancies.

Web site: http://www.fsclub.net/

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Blog URL: http://www.thefinanser.com/

Joined: August 1st, 2011

Activity

The Financial Services Club wrote a new blog post titled The end of 'free' banking

In the 1970s, the UK's Midland Bank introduced a new competitive service – free banking. It wasn’t free of course, but it appeared that way. The idea being that if you stayed in credit, they wouldn’t’ charge you anything. It was a huge success. So much so that Midland acquired many customers from Barclays, NatWest and Lloyds. After a few months, the other banks decided they had to do something and followed Midland’s lead… just as Midland realised that it was a stupid idea and decided to cancel the whole thing due to the massive losses they were incurring from free banking. Unfortunately,...
(17 hours ago)

The Financial Services Club wrote a new blog post titled Things worth reading: 25th May 2012

Things we're reading today include ... Free banking 'a dangerous myth'BBC Head of Vatican Bank is sackedBBC More help for payday loan debtorsBBC EU 'wants Greece in the eurozone'BBC   Call to end free bank accountsThe Independent Surveys point to deeper eurozone contractionThe Independent FSA 'powerless' over JP MorganThe Independent   Regulators hint that pressure on banks could easeThe Telegraph French bankers miss a left turn and head to UKThe Telegraph   MasterCard Loses Card Fee Challenge in EuropePayments News Wells Fargo Launches...
(yesterday)

The Financial Services Club wrote a new blog post titled Social media platforms are not the same as social media

Everyone’s now talking about mobile payments and mobile banking.  I was talking about that effectively as a core strategic area back in 2004.  So it took about five years to become the mainstream bank conversation. Now, I talk about social payments and social banking.  I’ve been talking about this as a core strategic area since 2008, so it will be around 2013 to 2014 when most banks get onto the bankwagon. Interestingly, many already are, with American Express being up there on the top of the heap for social interactions. There’s been loads of coverage of AMEX’s social...
(2 days ago)

About our Activities:

What is the Future of Financial Services? The financial services industry is changing, and changing fast. For many banks and insurance firms, keeping up with change is a full-time occupation. The raft of new legislation, new technology, new competition and new products is a continually challenging cycle.

Is there an easier way? Of course. You could subscribe to thousands of magazines, websites or journals to get the very latest in Political, Economic, Social and Technological change. Alternatively, you could come to one place. A meeting place. A meeting of minds. A meeting of like-minded individuals.

What is the Financial Services Club? The Financial Services Club is a unique service aimed at Senior Executives and Decision Makers from banks, insurance companies, technology firms, consultancies ... in fact, any firm that is interested in understanding and planning for the future operating environment for the UK Financial Services markets.

Is this just another Club? Not at all. The Financial Services Club bridges the gap between today and tomorrow. It allows you to network with hundreds of professionals all sharing a common interest in the future of the industry. The Club over 50 events a year, in a number of different European countries, with keynote speakers and luminaries from the industry airing their views on the future of financial services. Our illustrious speaker list is targeted to cover all aspects of the industry from practitioners to legislators to futurists.