Community
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
In my last year's summer post about travel deals I talked a bit about fraud in the “last minute” type of travel. But when you take a step back you discover quite a lot of fraud in the general airline sector, and it’s always interesting to think of what sort of cash-out options exist in the airline and hospitality categories. The number of fraudste...
31 May 2011 /security
Brett King CEO & Founder at Moven
Clearly we are entering a phase of massive disruption to the payments system(s) and incumbents of today. To put that disruption in perspective, let's think about what has led up to the current slew of mobile payments announcements and improvements. PayPal evolves P2P PayPal commenced business in its current form around March 2000 with the merger b...
30 May 2011 /payments
James Campbell Director at Finch & Bamford
On Monday 23rd May Square made a number of company and product announcements: The Numbers: 500,000 readers shipped, and a new peak Daily GPV* of $ 3 million, Square Register: the new iPad point of sale register application, Square Card Case: a new consumer payment wallet and loyalty promotions application. In suitable West Coast style they celeb...
28 May 2011 /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Online banking is not ready as long as users: - users have to type in loads of reference numbers, dates, amounts etc when paying bills - do not get mobile notifications when needed for too low or too high balances, transactions effected, invoices received etc - cannot approve proposals with mobile press “a” for affecting proposal (invoice payment, ...
26 May 2011 /payments
Square POS and Cardcase, ClearXchange (BofA, Chase and Wells), Visa NFC trials, Google NFC trials - wow! Mobile Payments just arrived big time this week in the US particularly. So what does it all mean? Inevitability is biting Clearly there's a bunch of very smart people that have all come to the same conclusion over the last months. Mobile Payment...
Retired Member
What has the world come to when an employer seeks to force employees to ‘shop' their friends' and family's negative feedback? Draconian and Victorian management just cannot work in such an open and transparent world. Management of organisations must realise that it is up to them to monitor and react to both positive and negative feedback in our ...
25 May 2011 /retail /wholesale
My name is Guy. Mr Same Guy. I show up in as a so called private customer off hours, then during working hours as a corporate customer, as a citizen in public sector services and often also as a member of associations, clubs etc. My point is that there are no corporate customers, no private customers, no citizens etc - only human customers or users...
23 May 2011 /payments
My pals at BankSimple soft launched their debit cards internally for their staff this week, which is big news because it signifies the acceleration of the big shift in the BANK 2.0 landscape. Interestingly, though, this launch wasn't easy, as the team at BankSimple articulated on their blog post of today. The last many months have taught us great...
20 May 2011
No, not yet, but this might be about to change. Jack Dorsey recently made a photo post of an internal Square dashboard to celebrate their achievement of a Daily GPV (Gross Payment Value) of $2 million. A significant milestone as they are at the forefront of mobile payment and merchant card acceptance innovations. This photo so intrigued me that I ...
20 May 2011 /payments
https://www.facebook.com/pages/Real-Time-Economy-Program/128016310610648?sk=wall
19 May 2011 /payments
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