Cassandra and Hayatt - Orange Bank

Questions and comments about mobile banking.

The presentation was good and complete . I choose online bank just for the game but honestly i will stay for the traditional bank. I think that something which steals people's job is not a good innovation. However, online bank is useful for those who want to pay less bank fees.

Do you think the Nano Bank like Orange Bank will have the same success as the Online Bank ?
Because Orange Bank arrived lately on the market compare to competitors Boursorama, Fortuneo or Hello Bank.

I think it's good to have both. Online bank is used to carry out day-to-day operations cheaper and the traditional bank is used for projects (real estate for example)

Tsiry and Clement : I agree with you. I think this type of bank is very useful for small operations, but not at all for big operations (credit for example). According to me, nothing can replace a "physical advisor". And as you say Tsiry, it hurts employment in Banking.

Victor : Yes, it's a good question. It's true. But for me, contrary to others (like Boursorama, the advantage of Orange Bank is that Orange is very known and popular. So I think that Orange Bank can to rely on Orange's customers to increase the numbers of their future customers. Others are attached to major banking groups (like Hello bank by BNPP) but for users, the name of the banking group is not directly identifiable (unlike Orange bank) (Sorry, i do not know if i ' m so clear in my words )

Good presentation, Orange Bank can be a serious problem to the actual Banks systems.
Juste a question, why does a telecom company decide to create a bank that's ful apart of its core business ? Strategy or smart ?

With the emergence of banks online, don't you think that there will be a negative effect on traditional banks with such dismissals due to lack of activity?

I think Orange Bank is a bank that will get customers with low incomes.
people will always need a good wealth manager

Nasser : In my opinion, Orange wants to diversify its activities to retain and attract new customers and thus try to crush its competitors in the phone (like Free).
Even though, they argue that online banks are not intended to make a profit, for me, it is clear that this isn't the truth.

Clément : Yes it's sure. We already see it in traditional banks, machins are replacing workers and employment in this sector is decreasing. I think so, this type of bank goes (and is currently) detrimental to the job.

Moreover, I think that this type of bank will reinforce the requirement of the customers in the traditional banks (which charge their services daily)

Good presentation girls!
I think online bank will not replace traditional bank, it s complementary! Let s me explain.
We are young, so we are brought in move in the all country and even in others countries. So having the possibility to do transaction just going on your phone really simplify life!

Nasser: I think orang is considered a trustworthy partner and they benefit from a close relationship with their customers.
It takes advantages of her situation and start in the banking services market
Clément: i agree with you but 85% of today’s banking interactions are done through a smartphone. Even for the services offered by the traditional bank