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Innovation in Financial Services

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

Brett King

Brett King CEO & Founder at Moven

Forget the NFC argument - look at payments behavior

The debate about NFC and mobile payments rages on. There's questions over which handset platform to support, which devices are certified, the lack of real NFC standards, how to enable the secure component on the various cellular networks and so forth? To a novice this all sounds very complex? Shouldn't we worry about adoption rates? When will mobi...

/payments

Retired Member

Retired Member 

Misys and Temenos: who buys the story?

18 months ago, as I commented the 100 Software Vendors from American Bankers, Misys occupied the position #31 as technology provider to financial services and it receives 44% of its revenue from the financial industry. The company also boasts all the top 50 banks among its 1,300 customers. Misys has more core banking customers than any other non-U...

/wholesale

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

So much data - so much value

Extracting value for customers based on this data will obviously be of increasing importance also in payments - especially extended payments. The first step is to see to it that data is sent and kept in structured form - with global high quality standards - the ISO20022 family is handling most of it already

/payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

The importance of WHY

Saturday, February 11, 2012The importance of WHY Many of you have surely seen this presentation by Simon Sinek http://www.ted.com/talks/simon_sinek_how_great_leaders_inspire_action.html. He very eloquently – with to help of three circles outlines how important it is - not to start with the What (what is being offered – the outer circle) or with

/payments

Retired Member

Retired Member 

The Case for Relationship Pricing: The Durbin Amendment

The Durbin Amendment was introduced to limit ‘unfair’ debit card interchange fees that were imposed on merchants. The goal of the legislation was to create a more competitive payments environment, which in theory would create lower prices for consumers as merchants passed on their savings. Banks, understandably, were not so keen on losing this hig...

/retail

Retired Member

Retired Member 

It's done: Temenos and Misys will become Mysemenos

According to Reuters, Temenos and its UK competitor Misys said on Tuesday had agreed to a number of key terms on a possible all-share merger that could create one of the world's largest standalone financial software companies. Few hours ago, a Tweeter announced that the major stakeholder of Misys agreed to the terms. The exchange ratio will be 4.1 ...

/wholesale

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

Live at Finovate

Today's the day. Finovate Europe 2012 has arrived and I’ve just completed my demo. Today is proving to be a fantastic showcase for innovation happening throughout the financial services industry. And it's great to see so much variety and such an international flavour - only one session and already we've seen solutions relating to savings, cloud id...

/security

Paul Blank

Paul Blank e-Trading Solutions at TradAir

Latest BofE FX Survey Data - surprising findings

The Bank of England has JUST released their latest semi-annual FX turnover survey results for October 2011. Highlights Daily FX vols $1,972bln, down 3% on April 2011, some 17% higher on the year Spot vols rose 2% to a record survey high of $802bln/day (42% of total vol) Multi-Dealer Platforms (MDP) see huge 26% drop in vols compared to April...

Retired Member

Retired Member 

No Pets Allowed

I have always believed projects can be as easy or hard as your organisation wants them to be. Projects are a great mirror of the environment in which they are delivered in. If you have the right working conditions in your company your projects will flourish and be delivered on time. If not, well you know the rest. Here are five tips to help yo...

/retail

Brett King

Brett King CEO & Founder at Moven

Disintermediation or Disruption - the challenges ahead

There's a great deal of discussion and debate around what will ultimately happen to banking as a result of the massive changes in connectivity, utility, mobility and customer experience taking place right now. One thing is for sure, the world is changing. We see PayPal owning online payments, with others like Stripe hot on their tails. Square is at...

/retail

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