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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Nick Ogden

UK fraud stats: better but still some way to go

The latest stats on UK fraud from the UK Cards Association provide some interesting food for thought and it is of course excellent to see that UK credit and debit card fraud fell by 28 percent in 2009...

11 Mar 2010
Bo Harald

All Finnish enterprises signed up for e-invoicing?

Statistics from the banking sector reveals that 129 000 enterprises were signed up last year. Adding a couple of additional months of brisk selling – and those signed up by a good number of non-bank s...

11 Mar 2010
Bo Harald

Automating away a 1 billion cost in Finland?

The ministry of Employment and the Economy has published an extensive study on cost of administrative burden. Some quotes (my emphasis): "The aim of the study was to chart statutory information ...

04 Mar 2010
Uri Rivner

Students in the Crosshairs

About a month ago I was invited by an English university to talk to computer science students about the state of cybercrime and online banking fraud. The title of the lecture was “Crash Course: How to...

04 Mar 2010
Retired Member

Dealing with International Fraud - a Few Basics

When we started looking for customers in the first payments startup I worked for, low hanging fruit were obvious. All you had to do to find them was look for a merchant's international shipping policy...

03 Mar 2010
Bo Harald

Leading telco in Finland showing the e-invoicing way

Transparent, honest and just pricing gives consumers a chance to act in their own interest. Lower costs for service providers will sooner rather than later lead to improved cost – benefit. To the exte...

02 Mar 2010
Bo Harald

It is not dematerialization

At the early stage of e-invoicing it was referred to as “dematerialization”. The benefits were seen as coming from not sending paper mail – but electronic mail. Now it has become very clear that the r...

02 Mar 2010
Retired Member

New York under zero: some thoughts on the Engage! Expo

"If there are any Mattel engineers in the audience, the astronaut Barby's space suit is not crash proof" (loose paraphrasing on Will Wright's keynote) Yep, the keynote was entertaining and ...

23 Feb 2010
Bo Harald

New high quality report from Deutsche Bank

New report (will be translated to English soon) going deeper into the e-invoicing theme http://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/PROD0000000000253980.pdf Deutsche Bank is certainly doing th...

21 Feb 2010
Retired Member

Fraud detection and UE: why are Millennials slower?

A scientist was conducting an experiment with a fly. He pulled off one of its legs and set it down to see if it could fly. Conclusion: a fly without one leg can still fly. He pared off a second leg an...

14 Feb 2010
Bo Harald

Have banks given up?

Have banks given up trying to be good citizens? Sometimes you get that feeling - and also understanding that the avalanche of generalizing populistic condemning can lead to a give-up feeling even in t...

13 Feb 2010
Retired Member

Mobile Payments Redefined - The Indian Flavour

Purchasing an airline ticket with Rs. 30 in the wallet at 2 am in the midst of a trekking expedition, considered nigh impossible till a few years back is now a distinct reality made possible by mobil

12 Feb 2010

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