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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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Uri Rivner CEO and Co-Founder at Refine Intelligence
2019: What we did to fight APTs The 1982 masterpiece Blade Runner by Ridley Scott is one of my old time favorites. Harrison Ford chases androids in a futuristic, visually stunning Los Angels. The future looks bleak, and technology advances did not make the human race any happier. The film is set in 2019. I don’t know what the world will look like 8...
18 February 2011 /security
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
We have learned that there are doubts about some of the assumptions in the PWC report in the EC Green Paper on VAT collection released on the December 2nd 2010. As it is obvious that the next important Single Market step is harmonization of VAT collection it is important to get all facts on the table – and then choose the best and probably also the...
17 February 2011 /payments
Nick Ogden Chairman at Ogden Research
The fact that Orange is launching an NFC-enabled Samsung handset underlines the belief that mobile payments is an area full of opportunity and has potential to take a large share of the payments market. Developments that have been made in the area of e-money only go to highlight the fact that the move towards a cashless society is one that consume...
17 February 2011 /security /payments
Retired Member
According to estimates: • 2.5 billion people have no access to financial services. • The number of mobile connections worldwide stands at over 5 billion. • Usage of mobile banking will double in less than 3 years to touch 400 million. These facts tell the story of a new banking, which is intent on spreading financial inclusion through the use of lo...
17 February 2011 /sibos /retail
Dutch central government is ready for eInvoicing but in practice relies on paper Since 1 January 2011, companies have been able to submit their invoices to the central government by electronic means. If the central government is ready to move to electronic invoicing (eInvoicing), the dominant practice remains that of paper invoices. All 78 central...
16 February 2011
Basel II regulation focused on the consolidation and measurement of risk. Financial organisations built IT systems that gathered ‘exposure’ information, analysed it and calculated the measures required by the Basel accord. Basel III addresses two areas of regulation – solvency and liquidity – thereby ensuring that banks have sufficient capital to ...
14 February 2011 /regulation
In this ZeusiLeaks file I’ll talk about how fraudsters tap the communications of a company’s executive board - the holy grail of inside info. Quick reminder: WikiLeaks, the largest leak of data the world has seen? Nonsense! Trojans like Zeus and SpyEye lurk on millions of personal, corporate and government PCs, stealing data 24 by 7. Everything you...
09 February 2011 /security
The European Commission has today proposed to set EU-wide end-dates for the migration of the old national credit transfers and direct debits to the recently created Single Euro Payments Area (SEPA) instruments. It will mean that national credit transfers and direct debits are phased out and the recently created pan-European systems take their place...
09 February 2011
Brett King CEO & Founder at Moven
At Finovate Europe last week we saw a lot of what I would generally classify as "me too" PFM efforts. While there were a few stand out examples, such as Meniga and Linxo, I don't think these platforms are robust enough for where we are going. This says a lot I know, because most banks are still not at this basic stage of having PFM depl
08 February 2011 /retail
Given the recent discussions on the Starbucks Payment App and emerging NFC I thought this interview with myself and Omar Green (Intuit, Director of Strategic Mobile Initiatives) by Lori Ann Lorocco at CNBC might be of interest... Will the wallet soon be a thing of the past? At the rate mobile banking apps are being adopted, who knows. Intuit annou
05 February 2011 /payments
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