The Bottom Line - Europe

Simon Rose

Recent Posts

What Can Music Teach Us About Business?

Posted by Simon Rose on Jun 2, 2020 4:53:01 AM
For those that know me well, they know I am passionate about music – dance music, specifically - but I will listen to anything. And, during this period of coronavirus-enforced lockdown, I have been consuming more music than I have been able to for years by watching some of the DJ livestreams on YouTube, whilst also honing my now DJ-hobbyist skills at weekends.
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Topics: COVID-19

Digital Legacy of Covid-19

Posted by Simon Rose on Apr 27, 2020 7:46:47 AM
To say we live in interesting times would be a huge understatement. Everything we hold dear, from socialising to shopping, and even to how we conduct transactions, is changing before our eyes. We’re in a period of unprecedented change in the way we live our lives and, though the one true constant is change, it has usually been more gradual, sometimes taking decades or even requiring whole generations to effect it. COVID-19 has, however, caused significant – possibly irrevocable – change in a matter of weeks.

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Topics: COVID-19

Putting Off a Reorganisation? This Could be Rather Costly

Posted by Simon Rose on Sep 3, 2019 4:00:00 AM


Since the economic hardships of the 2008 financial crash, it’s fair to say the United Kingdom’s businesses and economy have rebounded well. Yet, both old and new obstacles to a healthy P&L persist, while businesses seek to thrive in competitive markets and preserve a healthy work culture for employees. 

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Topics: Cost Reduction, Organisation Structures, Function Design, cost containment

Open Banking: Two Continents, Two Agendas

Posted by Simon Rose on Jun 10, 2019 3:00:00 AM

Open Banking

 In a recent blog post, we outlined the lessons learned in the year since the UK’s Open Banking regulation took effect. The Open Banking concept is hardly confined to Great Britain, however.  Countries as geographically and culturally diverse as Singapore, Australia, Holland, and Canada have also embarked on similar endeavours to alter the dynamics of their financial services sectors – thus also altering other interconnected sectors.

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Topics: Strategic Sourcing, Payments, Innovation, Open Banking, Fintech

Three Things We've Learned From the UK in Year One of Open Banking

Posted by Simon Rose on Apr 16, 2019 2:00:00 AM


Three Things We’ve Learned from the UK in Year One of Open Banking

January marked the one-year anniversary of the Open Banking regulation coming into effect in the UK, making this a good time to step back and assess its progress, or lack thereof. For the uninitiated, Open Banking is seen by financial regulators as a means to spur fintech innovation and foster increased competition in the UK banking market. Its underlying premise is that transactional data is the property of the account holder, and if the consumer or business elects to share such data with a third party, the bank must facilitate its efficient transfer, securely.

As with many high-minded concepts, the devil is in the details, so let’s consider how it’s playing out in the real world so far.

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Topics: News, Technology

Cash, Does it Still Have Legs?

Posted by Simon Rose on Dec 21, 2018 9:00:00 AM


This week saw the interim report from the Access to Cash team, a body set up to look at the future of cash, funded by LINK– the Scheme behind the ATM Network – and overseen by Natalie Ceeney, an ex-Financial Ombudsman. The report, and the BBC article accompanying it, highlighted revealing facts from ATM transactions declining by 8% in the course of the last year and the decline increasing by 5% since the beginning of 2018, to 37% of us still needing cash as local services and shops don’t yet take digital payments. Fortunately, as point of sale (POS) hardware technology replacement cycles are relatively short, contactless solutions will soon be ubiquitous, facilitating wider payment options for merchants and their customers.

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Topics: News