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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.

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

America looks for Crazy Ideas

Last month I spoke at RSA Conference, the world’s largest information security convention. Thousands of IT security managers, vendors, journalists and interested parties come over every year to San Francisco’s Moscone center so they can hear about the latest developments, talk about emerging threats and discuss mitigation strategies. The atmospher...

/security

Retired Member

Retired Member 

The Internet demands faster applications approvals

It is well documented that the Internet is increasingly becoming the go-to destination for consumers to read up on and research the wide array of financial services products on the market and as this accelerates, more and more consumers will want to be able to apply for financial services online. Recent research found that almost six out of ten fi...

/retail

Bo Harald

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

Webstreaming most important e-invoicing event of the year

Website with update programme on the conference, including link to webstreaming: http://ec.europa.eu/enterprise/newsroom/cf/itemshortdetail.cfm?item_id=4005&lang=en With regard to webstreamig: The Conference can be followed via web-stream on http://www.mityc.es/canalmityc/directo.aspx (please note the link will be functioning as of April 27t...

/payments

Bo Harald

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

Important meetings

In Madrid and in Paris My message in short: 1. the point is not dematerialization of transporting invoices – it is the automation of all administrative processes that is enabled 2. it is possible to cut the cost of administrative burden – especially for SMEs – sooner with strong will both from their side and from regulators. 3. without banks ...

/payments

Rik Coeckelbergs

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

Who says virtual currencies aren't real?

I just read the related article on Dibspace. I thought this is the perfect incentive to start a post on virtual currencies. With the start of online gaming there was a boom of virtual currencies in the virtual market. I have experienced the one of World of Warcraft in the beginning for example. But of course there are many other examples as well. T...

/payments /retail

Bo Harald

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

Return to Sender: E-invoicing is Paying Off in the Nordics

Johanna Andersen from Nordea Bank wrote this landmark article. Return to sender is the obvious thing to do for receivers of paper or PDF invoices - as soon as the service providers - also the banks - have come up with the 0-investment and 0-ITskill-needed portal for SMEs.

/payments

Bo Harald

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

What is your country doing?

From Bruno Koch’s newsletter: “3. EU Council agrees on draft Directive regarding E-Invoicing requirements It is the objective of the European Ministers of Finance (ECOFIN) to harmonize and simplify the European VAT invoicing rules. On March 16, 2010 they agreed on draft Directive amendments. If the European Parliament approves the proposed change (...

/payments

Rik Coeckelbergs

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

Urban legends in payments

A couple of weeks ago I started to think of biometric payments, how well developped they are so far and maybe how long it will take to have it mainstream. In Belgium there are no signs of biometric payments, at least I have not seen any. So I decided to start some discussions on LinkedIn on this subject, to see if there were any biometric payment...

/payments

Elton Cane

Elton Cane Digital product delivery at News Corp Australia

10 years of mobile banking - what's changed?

Is it just me, or does mobile banking seem to perpetually be the next big thing? Maybe it's because I remember how underwhelmed I was by the first generation of WAP browsers on mobile phones when trying to access my bank account in 2000, but over the past decade I can count on one hand the number of times I've done "mobile banking" on my...

/retail

Retired Member

Retired Member 

Betting on Creativity and a Whole lot of Remakes

Is betting on the Hollywood really any riskier than betting on credit default swaps? Think about it. Imagine you are traveling back in time and the director of Braindead and The Frighteners came to you with an idea to direct a trilogy of three hour length films (yes, 3 hours for each) based on a novel written more than 50 years ago. To make su...

/regulation

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