Join the Community

24,205
Expert opinions
40,782
Total members
339
New members (last 30 days)
209
New opinions (last 30 days)
29,302
Total comments

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

Does a banking license provide an exclusive on banking?

Clearly, to be a deposit taking bank and offer products like Mortgages, loans, savings accounts and so forth, it would be easier to have a bank charter. However, today the lines between banks and non-banks offering financial services is blurring faster than speculative investors dumping shares for Facebook. There are many types of ‘banks’ or organ...

/retail

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

Shaping the future of mobile banking

I took part in a panel debate on the future of mobile banking this week and it was a delight to hear the debate on what mobile banking might shape up to be. It is obvious that mobile banking is still in its embryonic stage, and there was a lot of talk about what the winning strategies might be for cracking this market. Aman Narain, from Standard Ch...

/security

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

Eternal Flame: A super-grade cyber weapon

The Eternal Flame is something you’ll probably recognize as the ever burning fire in ancient Greece; but in fact it has deeper roots in the Middle East. The first records of such custom are, interestingly enough, set in ancient Iran and Israel. The security industry’s skies are now alight with Flame, the latest discovery in the chain of super-grad...

/security

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Snippets from payments report - Finland

Some figures - please compare notes from your countries - 90% of the population use Internet (but only 57% in the 65+ age cathegory - 81% do the bill payments in e-banks (98% in the 20-39y), 8% direct debit (which is merging into e-invoicing), 4% by sending paper invoices to banks for payment (18% of the 65+), 2% in branches and 2% still us...

/payments

Nick Ogden

Nick Ogden Chairman at Ogden Research

Are banks truly supporting UK businesses?

There is certainly a lot of focus in the UK on small businesses at the moment. Given the massive potential for small businesses to plug the hole in the UK economy, it is unsurprising that the failures of high street banks to provide affordable loans has attracted both questioning and anger. It seems interesting then that there has been so little ...

/retail

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

Securing faster payments

The world is moving faster − the payments world that is. The smartphone has revolutionised the way we live, the way we pay for things and the way we bank. The payments and banking industry has stepped up a gear and turned the process up a notch, making our lives much more convenient. Banks are beginning to wake up to their customers’ 24/7 demands ...

/security /payments

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

A clear message to Beijing

I was waiting at the British Airways lounge for my connection flight when my eyes caught the cover of a BusinessWeek magazine. “Hey China”, it said, “Stop Stealing Our Stuff!” In the last 2 years there has been a dramatic surge of Advance Persistent Threat attacks – military grade cyber attacks against commercial targets. Many of these attacks wer...

/security

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

The biggest change ever

We have been running a Real Time Economy program in Finland since 2006 and it has become very clear that the elements created (from plan, concept to ready) will create the biggest change ever in business processes and financial administration. The change is achieved by migration to real time exchange of structured and eventually globally ISO-standa...

/payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

100pct automation - 2002-2011

It takes time - starting early helps.

/payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

By now 100pct SEPA

SEPA is a big step towards a true single market and a ready docking station for ISO200022 e-invoices and from there full automation of business processes and real time finance. Lots of work to do - but a if somebody comes up with a better business case for society at large for the post-SEPA part I will personally send a reward.

/payments

Now Hiring