The Future of Shopping – eBay Presents Future Scenarios in Retail and in Payment Processing
Blog Posts12th December 2012
Andrea Müller and Dr. Mirko Schiefelbein
By last Sunday, it was all over already: Customers only had a week and a half to visit the first temporary eBay Offline-Store in Oranienburger Strasse in Berlin. eBay used the store not only as a sign of its push into stationary retailing, but also as a showroom in order to present several scenarios about what shopping will look like in the future: in the reciprocal relationship between the digital online world and the physical offline world. A main interface for this relationship consists of the ability to pay via a system available in both of these spheres, as demonstrated by the strong presence of PayPal in the showroom.
Last Thursday, the Bankingclub hosted the Bankinglounge in the Q110 branch of Deutsche Bank on Friedrichstrasse in Berlin, focusing on the topic of Personal Finance Management (PFM). The four providers “Strands finance”, “Meniga/Crealogix”, “IND Group”, and “Elaxy”, introduced their products and answered questions in the context of a panel discussion. Although each of the companies represented at the event claimed the title of “leading provider” for itself, they were mostly in agreement with each other regarding future developments and the future relevance of PFM.
White Label Concepts in the Market for Innovative Financial Services
Blog Posts5th November 2012
Dr. Mirko Schiefelbein
Increasing numbers of white label concepts are to be found in the market for innovative financial services. This is first of all a sign of the rising level of maturity of the developments in terms of the convergence of traditional and innovative banking products. Above and beyond that, this creates opportunities for established banking service providers to integrate innovations straightforward into their product portfolio; but that requires a differentiated brand strategy.