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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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Retired Member
I am seeking an answer to a question that’s been bothering me – why does banks’ interest in innovation not translate into intent that is as strong as the interest itself? The latest in a series of our studies on innovation shows near unanimous agreement on the importance of innovation among banks across the globe. Nearly 80% of 72 West European ba...
24 January 2011 /sibos /retail
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
We have been working some time on opening the lid to a true European Treasure Chest. The lid is migration to structured business messages – and the key – e-invoicing - is held by every enterprise and consumer (or rather human user in employee and private role). As often happens in innovation processes the real value of what can be achieved opens...
23 January 2011 /payments
From commuters reading their morning papers on their iPads to the latest devices being displayed at the recent Consumer Electronics Show in Las Vegas, tablet computers are certainly hard to miss at the moment. While businesses are keen to keep up with technological developments, the Enterprise Tablet Market is still finding its feet. However, it...
20 January 2011
In 2020 e-invoicing has to be the predominant method of invoicing in Europe, according to European Commission. In its Communication ‘Reaping the benefits of electronic invoicing for Europe’ and in its Decision ‘Setting up the European Multi-Stakeholder Forum on Electronic Invoicing’, the EC sets out several actions to reach its 2020 vision. Under...
19 January 2011
Electronic invoicing and e-billing can easily be plotted on the ‘hype cycle of emerging technology’, when taking a look at posts, discussions and tweets over the past few years. Also the items that make part of e-invoicing and e-billing can be plotted on this cycle, once developed by Gartner. Currently it seems that electronic invoicing and e-bill...
Is Finance IT prepared for the impact of regulation? We’ve spoken to some investment banks in New York and London and it seems that banks are at risk of underfunding the implementation of regulatory changes in Finance IT and that staffing levels have fallen back, leaving the sector exposed. Our findings expect Finance IT sell-side spending to inc
17 January 2011
Brett King CEO & Founder at Moven
There has been much discussion about the impact of the so-called "information age". Prior to 2003 it has been said that throughout history mankind had generated a sum total of 5 Exabyte’s of content up to that year. Today it is estimated we generate this amount of content measured in days. “Between the birth of the world and 2003, there ...
16 January 2011 /retail
Uri Rivner CEO and Co-Founder at Refine Intelligence
The holidays are over and it’s time for the second file plucked from the ZeusiLeaks Archives! If you missed the first one, it’s here. Quick reminder: WikiLeaks, the largest leak of data the world has seen? Nonsense! Trojans like Zeus lurk on millions of personal, corporate and government PCs, stealing data 24 by 7. Everything you do online – eith...
11 January 2011 /security
Necessity is the mother of innovation! This tired old cliché was proved right by an Infosys-Asian Banker joint research study of 59 banks from 14 countries in the Asia Pacific region, which revealed that banks innovate mainly to beat severe market and regulatory challenges. However, the similarity ends there. The study highlighted that banks in di...
11 January 2011 /sibos /retail
Decent figure for this - mostly still up-to-date video: https://www.finextra.com/fullfeature.asp?id=1020 and 3,5 minute animation: http://boharald.blogspot.com/2011/01/e-invoicing-happening-video.html
05 January 2011 /payments
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