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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
EWC is in my book the most important of the EU Trust Infastructure large scale implementation pilots. It (i) demonstrates how useful the infra will be for enterprises, their staff and the public sector, (ii) speeds up adoption of organisation wallets. 25 (incl Microsoft's) already available according to FIDES: https://www.linkedin.com/posts/bo-ha...
17 November 2024 /retail /identity
The work on implementing the Trust Infrastructure in Europe is now going into high gear. Today’s Open Wallet Foundation and Findynet meetings and last weeks FIDES Plugfest - just to mention a few - show that the progress is real. The benefits for Society at large, every citizen and organisation have from the outset made it clear that remaining issu...
13 November 2024 /retail /identity
Alex Kreger Founder & CEO at UXDA
Banks have always been at the forefront of data collection. With advancements in artificial intelligence (AI) and emotional analytics, banks are poised to leverage this wealth of data to detect and respond to customers' emotional states, ushering in a new era of personalized banking experiences. This development has the potential to revolutionize ...
13 November 2024 /ai /retail
Teo Blidarus CEO and Co-Founder at FintechOS
Agentic AI - technology that autonomously achieves user-set goals - isn't just an advancement; it's a necessary evolution for firms looking to stay competitive amidst constantly shifting industry standards. Unlike traditional AI, which requires human intervention, agentic AI adapts independently, processing real-time data to drive optimal outcomes...
Mouloukou Sanoh CEO and Co-Founder at MANSA
The cross-border payments business continues to boom - and there’s no sign of a slowdown. The industry had a total market size of $190.1 trillion in 2023 and is expected to grow by 8.81% annually, reaching $290 trillion by 2030. Yet despite these impressive figures, fundamental challenges remain that need to be addressed to help those who rely...
11 November 2024 /payments /crypto
Thought provoking to say the least. If you have not moved from Googling to asking ChatGPT and even letting it talk on your behalf - now is the time. https://www.linkedin.com/posts/bo-harald-4768b51_accountable-ai-activity-7257618910315724800-H0vV?utm_source=share&utm_medium=member_desktop
03 November 2024 /retail /identity
Financial companies and banks worldwide are investing heavily to deliver the best possible customer experience and innovation to banking. They recognize the importance of meeting customer needs and staying competitive in a digital financial landscape. Despite these genuine efforts, many banks struggle to achieve the desired results. The culprit? S...
23 October 2024 /people /retail
Traditional methods of UX design could be significantly empowered by ChatGPT—a powerful generative AI model. This article unveils the secrets of using ChatGPT prompts to drive innovation in banking UX, providing insights into how this tool can be integrated into the standard design process for transformative results. Why Integrate ChatGPT into the...
14 October 2024 /retail /devops
Our task - especially in banking - is now to take the ready parts of EU legislation and wallets into use – make the Trust Infrastructure real. WHY? Because we need to make life easier – cut the rising stress levels - for citizens at work and at home, make enterprises more successful, make EU more secure and transparent and cut CO-emissions in a...
11 October 2024 /retail /identity
It is well known that consumption of energy is growing too fast with today’s digital trends. The growth took off already with music, pictures, PDFs and videos. Then we got the YouTube video production explosion, Bitcoins and AI. An interesting Economist article notes that Americans now spend more time on watching YouTube than any other source of c...
10 October 2024 /retail /identity
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