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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
I am of a generation who can remember the time before you could take your smart phone from your pocket, access an app and immediately see your bank account balances, make a payment or access
Such a no brainer that governments should work harder to get banks to expand the offerings only they can deliver cost-efficiently and securely. Starting from e-ID and e-invoices. In the Nordics it hap...
The banking sector has long been the subject of disruption. In recent years challenger banks such as Monzo have become established in the wallets and on the smartphones of digital natives, while tech ...
The pressures of time and cost are constant barriers to effective implementation. These pressures can be offset, for example, by spending more money to reduce testing time. Adding to this inherent tes...
When I think about my own role (smaller than some say) in driving the Nordic digital mission – good for society at large - starting in banking and now aiming at verifying and connecting all data to li...
(602 words; 2 min) “you never got fired buying IBM”. The old adage that safe bets don’t go wrong is dying out. To get ahead in today’s competitive world, you need the right tech, not just the most pop...
Outsourcing, or the use of external competencies, is something that management often considers; What parts of my organization can be outsourced, and what to keep in-house? The question that often
The trend in digital banking is one that continues to build momentum. A widely held belief was that there are a number who resist - generally of the older generation – preferring to stick with more tr...
Banking industry is going through a massive transition and transformation to get the next generation of tech-savvy individuals on their platforms through various means. Emerging technologies such as A...
The fintech industry as we know it wouldn’t exist without the cloud. No financial app, comparison website or any of the other numerous innovations we’ve seen emerge from the last decade would be possi...
Apple card. Shopify merchant accounts. Amazon loans. Increasingly, non-banking players are branching out into banking services to improve user experiences and tap into new revenue lines. Such native i...
With more and more companies switching from transaction-based consumption to subscription-based solution models and customers (both consumers as businesses) actively adopting this trend, the managemen...