May 27, 2015 | Ken Hans
Modern smartphones qualify by definition as personal computers, and about 80% of the world’s total population owns a smartphone. In 2013 alone, over 1 billion smartphones were sold to consumers. These smartphones are quickly replacing an array of other once-common devices, including home phones, cameras, maps and GPS systems. This is resulting in an increased... Read More
April 30, 2015 | Ken Hans
1. Tech-savvy firms are disrupting traditional ways of doing business (financial industry included) Digitally-savvy firms have been ‘disruptors’ in traditional industries. Enter Uber. Uber is the biggest taxi company in the world, yet it owns zero taxis. It’s also valued at $41.5B, which is more than Delta Airlines, FedEx, or Viacom1. Or look at Airbnb,... Read More
March 25, 2015 | Ken Hans
Freemium Mobile Banking Apps – Would You Pay for Your Bank’s Value Added Services Delivered through the Digital Channel? I Would.
An article on www.pymnts.com entitled ‘Pay to Use Your Banking App? Most Say No Thanks’ that showed only about 25-33% people would actually be willing to pay $3/mo access charge for their mobile banking app. As a consumer banking customer, I would agree with the majority consensus, or the 66-75% of people here, in that I... Read More