Innovation in Financial Services

Founded by Elton Cane
Group founded 12 Nov 2007
Posts 1,674
Members 208
Group summary

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

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Retired Member

Creating a profitable app?

“New mobile services have been established as stand-alone entities in their own right, with no integration into existing delivery channels, or indeed across other areas of the bank…The key to the succ...

05 Nov 2010
Bo Harald

Germany to simplify e-invoicing

The proposal states: “The requirement of authenticity and the integrity of the content will remain as abstract conditions for the sales tax approval of electronic invoices, but the other requirements ...

05 Nov 2010
Brett King

Is Facebook the next threat to the US Dollar?

According to current statistics, Facebook has more than 500 million ACTIVE users, 50% of whom use Facebook everyday, 200 million of these users interact via mobile daily, and around half of the Top s...

04 Nov 2010
Bo Harald

From sending e-invoice to receiving payment in 30 minutes

AT SIBOS we heard Ossi Leikola of Nordea Bank describing how it is already today possible for an e-invoice sender to get his payment in less than 30 minutes after having sent the invoice - the target ...

04 Nov 2010
Bo Harald

Linking e-invoicing to trade finance

http://www.swift.com/resources/documents/supply_trade_article_casterman_opinion.pdf André Casterman of SWIFT makes a good case for it in the enclosed article.

31 Oct 2010
Bo Harald

Will banks do their part?

For most of us it is self-evident that unstructured invoicing is an anachronistic relic that will soon be history. It is also obvious that the solution to getting the enterprise mass market and consum...

31 Oct 2010
Bo Harald

Will the European Commission pass the next test?

The first recent test was to find an automatic non-political tool - steering member states away from overspending and overborrowing. The test was passed with flying colors – but was put aside (for a w...

31 Oct 2010
Sriram Natarajan

Wanted: subsidies for electronic payments

Governments across the world provide subsidies for various activities. Most countries provide farm subsidies; education, health and even fuel is subsidised through government largesse. Now, to promote...

29 Oct 2010
Retired Member

Shock and awe - change is good!

There is the saying that ‘nobody likes change’ and in most cases you can attribute that to the fear of the unknown. Or, it is possible that people may just think that the old ways are better. I was s...

28 Oct 2010
Retired Member

Social Media is NOT just another Media Channel

I’ve just attended the Sibos Webcast on social media, with the hope to listen some breaking announcement on the utilization of Social Media in the Banking industry. The discussion was a sort of déjà

27 Oct 2010
Retired Member

Rebuilding trust - do we really need to demolish first?

I might not be physically at Sibos, but with social media and the power of the web it doesn’t mean one can’t keep up with the debate, albeit virtually. As I scan through the video recordings on variou...

26 Oct 2010
Brett King

SIBOS - Confusion reigns...

If I was to identify one dominant response from bankers at SIBOS this week it is confusion. Not confusion over the event, where to find sessions, or what they are doing here, but confusion over where ...

26 Oct 2010

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