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The Independent View: The innovation revolution: How small banks and building societies are playing a significant part in creating competition through innovation.

Obama taking donations via Square mobile payment systemUp and down the country there are small but significant banks and building societies playing an important part in the day-to-day lives of customers and businesses. Yet they are not only helping customers locally, they are also changing the way we bank. The Cumberland Building Society will be familiar to Westmorland and Lonsdale’s Tim Farron MP, and despite a relatively small customer base compared to the traditional big banks, it is leading from the front when it comes to payments innovation and technology, offering …

Posted in Op-eds and The Independent View | Also tagged and | 4 Comments
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Recent Comments

  • Nigel Jones
    @Mick Taylor, I agree we must be concerned about income inequality in current circumstances, though overcoming this is about taxing the rich, better public serv...
  • Nigel Jones
    @Mick Taylor, you are right to focus on strategy since we have plenty of policy, but i think we also need a vision and better messaging. It is easy to have stro...
  • Nigel Jones
    The New Deal graphic is very helpful but of course not perfect. As to preventing Reform from winning, we need to be an anti-establishment party as Chris Bowers ...
  • Nigel Jones
    It is certainly true that community politics is insufficient for long term gain. That was my experience in 13 yrs as a councillor and still active locally; at o...
  • Katharine Pindar
    Splendid stuff, well done Yorkists! 'The New Deal' seems a great idea in itself. Your graphic shows, however, how much work will need to be done to assert ourse...