Same-day delivery with Amazon Prime is really one of the wonders of modern e-commerce. But what's crazy is that a single order, made up of multiple items, can still end up being delivered by multiple couriers on the same day. I'm sure the Amazon brainiacs are onto this, but it shows just how complex logistics must be underneath that it makes sense to split an order up into three separate deliveries, all of which occur on the same day, rather than aggregate them into a single delivery.
It strikes me that there is an opportunity for Uber et al to really disrupt household deliveries. With a massive fleet of vehicles already out on the road it seems like a very short walk from on-demand taxis to on-demand courier deliveries.
The UK does e-commerce really, really well. The suburb where I live has a constant stream of white vans making deliveries throughout the day, well into the evening, and also on weekends. Population density does amazing things to economics.
One more digital bank has joined the ranks of challengers in the UK. These folks seem to be very well capitalised, mobile-first, and plan to offer current accounts and mortgages. Back in Australia, Tyro wants to beat the big banks at small lending. This is another front on which the big banks will need to defend against startups: business banking. @NicoleWill100 had a neat tweet here: "The fintech who does front end innovation is just sustaining the major banks." Great perspective.
In South Korea, a pair of online-only banks gets preliminary regulatory approval.
What would the technology of a disruptive bank look like? It's a great question. Here's a (admittedly, very high level) shot at answering that by Jack Gavigan. Microsoft also has a view. And apparently, @pmarca is dying to fund a disruptive bank.
Disrupting retail banks is one thing, but what about business banking? Is Small Business Banking Next in Line for Disruption? This startup founded by a few ex-Simple folks thinks so. Also, check out their API docs. Really, really well done.
Another jurisdiction is heading towards real-time, immediate payments with the EPC publishing a proposal for the design of an instant credit transfer scheme.
Whilst Australia has traditionally been quick to embrace new payments technologies, the country seems to be lagging on person-to-person payments, according to Visa.
Also in Australia and also with Visa, there is an opportunity for push payments over the Visa network. They are (presumably) putting this up an alternative to NPP.
Why does Apple want to get into the unprofitable world of payments between friends when there really isn't any money to be made? In fact, there's lots of money to be lost. However, Apple's motivation for moving into P2P is more likely to be about shoring up Apple Pay, and providing yet another reason to buy into the Apple ecosystem.
"Uber for ..." is ridiculously overused. So, how about "Uber for ATMs"? Crazy? What could possibly go wrong? If the idea of using regular people for ATMs sounds a little bit too unlikely, then perhaps with a few tweaks, this could work. Who knows. Developing countries have been the source of some fascinating innovations in payments in recent years.
- How to exchange secrets - some entry level ideas for upping security, plus a bit of PGP
- Google got it wrong. The open-office trend is destroying the workplace - hot-desking is a personal bugbear of mine. "Open plan offices" are based on (questionable) accounting principles rather than good ergonomics or workplace design. They cater almost exclusively to 'manager schedules' not 'maker schedules', which actively works against those whose job it is to get stuff done, and worse, they are simply not supported by workplace design data.
- @NicoleWill100 - saying some clever things on the kinds of disruption that startups needs to be involved in
- @JackGavigan - London based entrepreneur with a fintech spin
- @tellerapi - the API for your bank account
- @stevegraham - "proud father of @tellerapi"
- What if we didn’t need an app server anymore? - is it possible to design the back-end of an application so that it does not need a monolithic application server?
- API banking with SEED - a really well designed API for business banking
- CockroachDB - a scalable, geo-replicated, transactional datastore
- Features that make CockroachDB unstoppable - distributed databases are a Really Hard Problem™
- A Simple feature toggle for a Rails app - feature flagging made easy
- Introducing the timechain - time-locked crypto is also a Really Hard Problem™