Debit Card Drone Delivery

SnowTiger

Anthorn wrote: »

Starling Bank is not the only new bank offering or about to offer mobile app-only banking. They actually take current trends in banking towards online and mobile banking to their logical conclusion. Difficult to see how they will be able to be app-only though. Perhaps telephone banking will be added which detracts from the intended purpose.

https://www.starlingbank.com/faq/:

...if something goes wrong, and you need to speak to a person, we will have a call centre in the UK to help you.

Banking is what it is. It's difficult to make it look sexy.

JuicyJesus

There's not really much more innovative that banking can get with current technology. There's also not really much that can differentiate a new bank from any of the old ones in such a way that it changes the market significantly.

So we're left with fluffy stories like this that mean nothing.

Anthorn

JuicyJesus wrote: »

There's not really much more innovative that banking can get with current technology. There's also not really much that can differentiate a new bank from any of the old ones in such a way that it changes the market significantly.

So we're left with fluffy stories like this that mean nothing.

New Technology is actually where it's at with the new banks. As it goes, the established banks juxtaposed their apps onto existing technology which is not exactly faultless and that's why online and mobile banking goes down. In contrast, the apps of the new banks are new and built specifically for the purpose from the ground up. In practice though Atom for example, built its app on existing technology.

In fairness the link I posted in the OP was published by Finextra which is usually not given to publicity stunts. It probably goes without saying that new Fintech banks embracing new technology will embrace new technology or at least test it. Hence drones.

http://www.techworld.com/startups/ranked-uks-new-breed-of-digital-only-challenger-banks-3635411/