The central challenges mutual banks face in the 2020s
Tuesday 16 August 2022
The combination of rapidly increasing inflation, expectations of additional growth in the Bank of England base rate and fears of a damaging recession are causing concern across the financial world. Mutual banks, building societies and credit unions are far from immune to the complex pressures facing all businesses, including financial firms. Perhaps the most impactful issue
- Published in Blog
FTT Building Societies – Key takeaways
Tuesday 12 October 2021
The second edition of FTT Building Societies on 6th October was a unique virtual gathering of building societies, credit unions, fintech and tech providers. Our community shared personal experiences of adopting technologies within their organisations and dived deeper into specific technologies to discover the most beneficial solutions and the practicalities of implementation. We opened the
- Published in Blog, Building Societies 'Thank you' Pages, Content
The relevance of Building Societies amoungst younger savers
Tuesday 05 October 2021
The relevance of building societies amongst younger savers Attitudes towards banking have rapidly shifted in recent years as younger, tech-savvy customers enter the marketplace. Digital native users expect a smooth and seamless banking experience, no matter if they are in-branch, online or on their mobile. A recent poll by the deVere Group found that 59% of their surveyed clients born between 1980 and 1996 either
- Published in Building Societies 'Thank you' Pages, Content
Serving customers through community-owned digital platforms – FTT Chats Ep 54
Tuesday 10 August 2021
Richard Wainwright, CEO at Mutual Vision joins us in episode 54 of our FTT Chats series. During the series, we sit down with several digital players to explore disruptive technologies, strategies and innovation. In this chat, Richard discusses some of the key challenges that building societies are facing and the solutions that Mutual Vision can
- Published in Content, Interviews
Building a foundation for innovation
Tuesday 23 March 2021
Our recent Vox Pop report, ‘Building a Foundation for Innovation‘, explored digital progress in the Building Society sector. Along with our partner Mambu, we gathered a snapshot of insights from senior leaders, on the opportunities and obstacles that come with embracing new technologies. We set out to build a picture of how Building Societies are
- Published in Community, Content, Featured, Fintech, FinTECHTalents, Innovation
Technology Should not Replace Humans – It Should Empower Them
Tuesday 10 November 2020
If we were to have made note of the most commonly used phrase at FTT Building Societies on 21st October, it would most likely have been “lovely to virtually meet you”, or “your microphone is still on mute”, or perhaps “we’ll have to have a drink in person one of these days!” But beyond these
- Published in Content, Innovation