New banks – Ripe for disruption

From The Economist -

““I promise to open a bank account for a British citizen in just two minutes”, says Nazzim Ishaque brightly. With a background in IT, banking and asset management, he is submitting plans to the regulators to start a new bank called Lintel; the two-minute pledge is one of his selling points. Mr Ishaque reckons that he can do better than the existing banks, and is putting plenty of his own money where his mouth is, as part of the £5m ($7.5m) start-up cost. He hopes to start doing business early next year.”

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Business Continuity Planning - Understanding the Risks and Rewards

This course provides an intensive explanation of Business Continuity and will give you the tools you need to justify and validate Business Continuity’s importance to the Board and employees.

From the smallest business venture to the largest, all businesses face a range of operating challenges for a wide range of complex issues, including events that have not happened yet--or may never happen. One of the most crucial objectives of management is to learn how to deal with Business Continuity Planning and Implementation.

Business Continuity Planning is the process through which an organization ensures the maintenance or recovery of operations, including services to customers, when faced with disruptive events such as natural disasters, technological failures, human error or terrorism.

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Why Do Organizations Invest in Business Continuity?

Communicating Downtime and Other Tech Problems to Banking Customers

“While digital delivery is pretty stable these days, every business has the occasional service interruption, slowdown or hiccup. Even when inconvenienced, most customers are tolerant if you do a good job of communicating during the crisis.”

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