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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.

Bo Harald

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

Typical - especially in banks?

There is a lot of evidence that hunch is the best guide to good business. Due to scarce IT-budgets and even scarcer key skills many organizations have resorted to a systematic "business case" process approach. This all sounds very logical and orderly and is often difficult to argue against. And when we are dealing with big investments it...

Brett King

Brett King CEO & Founder at Moven

What Steve Jobs did for... or to Banking?

As the news of Steve Jobs' resignation rocks the world today, it's almost like we're reading his obituary rather than the news that a Fortune 50 CEO has moved on. The impact of Steve's resignation will be felt hard on Apple's share price no doubt, and even potentially hit the very fragile US market at a time of uncertainty. Although Apple's leader...

/payments

Retired Member

Retired Member 

To be fair and square, it must be contact less

I am not impressed by iZettle. Please hear me out. The concept of contact based card reader devices is nothing new. We see it all day. It so ubiquitous, that we don’t notice it at all; Let alone recognize it as an innovation. The accompanying video reveals all. Device 1: mobile phone, device 2: card reader and 3: the credit card itself. This is no...

/payments

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

Time for the EU to step up on data security

European data privacy laws are arguably the most stringent in the world. That should be great news for companies that meet them when those companies come to offer their services around the world. And that is why my company went through the complex process of applying for a Privacy Seal from EuroPriSe. We wanted to say that our product met a tough

/security

Brett King

Brett King CEO & Founder at Moven

Industrial Disruption - Pirates, TV, Bookstores, Branches...

There's been a great deal of discussion lately about the impact of technology on traditional businesses such as bookstores, media, TV, newspapers and even on banking. We think we understand the impact of technology on books, magazines, CDs, DVDs, and newspapers, but many say that they are skeptical in respect to the impact of this on TV or the hum...

/retail

Andrew Fear

Andrew Fear Advisor / Consultant at Independent

How to Ensure a Disastrous Core Banking Project

The emphasis is shifting from finding the system that precisely matches requirements to delivery capability - finding a core system that can be implemented with the minimum of trauma. Experienced core banking project managers will tell you how each time they complete a project they carry forward their success secrets to the next project - and thei...

/retail

Brett King

Brett King CEO & Founder at Moven

Branch Today, Gone Tomorrow - The Conclusion

The Total Disruption of Retail Banking - The Conclusion As we detach ourselves from physical artifacts associated with traditional businesses, traditional distribution models rapidly fail. The fact that you own or participate in a network or virtual monopoly that supports an outmoded distribution model is of no benefit when that network is surpass...

/retail

Retired Member

Retired Member 

Tic Toc Financial Model OClock

Why Web 2.0 will find Financial Modeling next A recent piece in the National Journal by Tankersley and Hirsh, “Neo-Voodoo Economics”, encouraging American’s to think more boldly about new growth and markets, rather than simplistic rethreads, prompted me to think about a few new opportunities in this space. A plethora of industries have been radi...

/regulation

Retired Member

Retired Member 

Green Shoots of Finovation

Within the US$1+ trillion global professional services industry, the finance sector has recently looked susceptible to a growing chorus of start-ups looking to strategically rethink finance’s core business models and value propositions. Internet entrepreneurs over the past few years have embarked on a journey to challenge financial services g...

/regulation /retail

Bo Harald

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

Latest on the country deadline front

Latest on the country front – aiming at > 1. saving tax payer’s money, 2. collecting VAT due – efficiently, 3.pushing the SME-sector into better productivity, 4. increasing work force upward mobility and 5. contributing to CO2 targets. Deadlines issued: Denmark, Singapore, Italy, Spain, Sweden, Finland, Brazil, Greece, Mexico, Norway Latest: Gr...

/payments

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