Facebook is breaking up it's single core app into a series of smaller dedicated services and Chris Skinner thinks this is potentially a good approach for banks.

He also notes that many banks don't know what their core competency is; a rather alarming observation if you work for one of these organisations.

However, the point is that if you are trying to solve two or three problems, the chances are that someone else will solve each one of the problems better, leaving you with the scraps.