The story “Someone leaves job then gets another job” doesn’t have the same ring
4 Likes
“If we shoe-horn in a reference to Monzo we can get more clicks on this story.”
2 Likes
Monzo Plus launching this month - the 7th iteration of the product
1 Like
The pick and mix idea sounded great but was never going to offer the same value as the existing rival’s 3-tier approach. As long as most people understand and feel that the tiers are not necessary or designed to appeal to everyone…
1 Like
Q1 was announced somewhere previously. Q1 ends this month, therefore the usage of ‘this month’ (I imagine) 
Good to hear some sort of confirmation of what has become increasingly apparent over last couple of years.
1 Like
From the article:
Its CEO Tom Blomfield said the app will have another attempt at launching subscription products by the end of March, according to a new Reuters interview.
If I recall correctly, @simonb said somewhere that the deadline (from the investor mail) wasn’t set in stone. Couldn’t read the full article, but will be interesting to see if the investor mail was the source or they have additional confirmation.
Update: thanks @gt94sss2 for clarifying this!
Has been posted in a dedicated thread but worth mentioning in this thread too…
6 Likes
A 94% customer approval rating of ‘Great’ is pretty good to be fair.
Despite the very poor wait times I’ve experienced lately, I do have to say when I am dealing with someone, it is always very good.
Well done guys 
1 Like
Moneyfacts Consumer Awards 2020 - Banking App of the Year
Winner: Starling
Highly commended: Monzo
Commended: Barclays
1 Like
Looks like thats from November
Their dates are all over the place! That web-page seems seems to be from November but the email I received announcing the winners was today.
I think in reality it’s actually from end of January
On the article in the telegraph about Plus, they quote a Reuter’s interview with Tom.
Here’s that interview which isn’t behind a paywall:
1 Like
This might be missing nuance, but I’m not convinced that Tom’s onto a winner here.
1 Like
I see what you mean. It’s not much of a story.
But to be fair, Open Banking has had zero effect on my day-to-day banking so far.
2 Likes
“The positive effect of Open Banking on innovation has been nil,” Mr Blomfield said. “I don’t see any businesses based on Open Banking in Europe whatsoever.”
I feel the positive effect has been nil for banks. But for consumers it is a different story?
Assuming it wasn’t taken out of context, I can’t believe he is being truthful in his statement. Surely Emma and other aggregators are built based on Open Banking APIs?
Emma and other aggregators were originally built based on screen scraping.
I haven’t noticed any appreciable difference in what the apps can do between then and now.
By that metric, I can’t disagree with the statement “open baking has had nil effect.” But I also think it’s a bit soon to be making the statement - banking as a sector moves glacially, so given time Open Banking may yet come good.
Perhaps if you’re used to working in a tech company you’d feel like too much time has already been given?
4 Likes
Surely it is much more secure now that you aren’t giving a 3rd party full access to your online banking. And now it won’t break if the display layout changes? Aren’t those benefits? Positive effects are’t just things that are launched as new features.
When Monzo moved from APS to their own card processing, that was not a new feature, but it was a positive benefit.