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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
In the 1998 movie “half baked”, the main characters sell weed to various buyers to get their friend out of jail. Not the most sophisticated movie, if I may say so, but decently funny. While they’re selling, you hear a voice over by the main character Thurgood Jenkins (Dave Chapelle) telling about the type of people you meet. One of them is the “en...
11 January 2010 /payments
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Occasionally I get the impression that enterprises and their organizations are spending too much time on complaining (about regulation, about service charges etc) and not enough time on driving real change themselves. A part of this can of course be explained the ever growing demands on their time by all sorts of administration and growing competi...
09 January 2010 /payments
Uri Rivner CEO and Co-Founder at Refine Intelligence
Thirty years from now if I’ll ever look back and read my old blogs, I’m sure I’ll agree with what my current self is about to state: There was never a better time to be a cybercriminal than in good old 2009. So many things worked in favor of online fraudsters that I doubt if there’ll ever be a year as good as 2009, assuming you’re crooks trying to ...
06 January 2010 /security
I have been writing blogs for about 3 years and it is helping me to get some messages and information out to partners, customers, students, researchers and others who share the networked economy passion. About a year ago I was invited by finextra to start blogging on their site. As I have a background in banking and especially e- and 3rd generatio...
05 January 2010 /payments
Nick Ogden Chairman at Ogden Research
At the start of a new decade there still seems to be confusion between these two terms with many people using them interchangeably - so here’s the distinction set out plainly: Voice recognition, also known as speech recognition, converts spoken words or phrases to text which is then processed by a computer to recognise what is being said. Unfortuna...
04 January 2010 /security /payments
If you do not know where you are going - any road will do..This springs to mind when witnessing the plethora of alternatives created by today's technology and fragmented doings of both natives and immigrants on the Internet and in general. Innovators are well aware of the growing NEED to innovate both for enterprise survival and for national compet...
29 December 2009 /retail
Too often I tend to forget that I cannot see around the corner. This means that I am spending too much time in trying to imagine the future. Instead I should take my vision and passion and go around the corner - as almost always before there is something unexpectedly simple and positive waiting. Take the example of e-invoicing. We did have the feel...
23 December 2009 /payments
As we sit back and relax this Christmas a topic of conversation that is likely to rear its head over the festive Ogden dinner table will likely be the demise of the cheque. With several generations at the table it will be interesting to hear the different perspectives and reactions to the news, especially between the grandchildren and grandparent
21 December 2009 /payments
The State Treasury sent out letters to 16 000 suppliers to the public sector last week to remind them of the fact that only electronic invoices will be accepted as of 1.1.2010. The deadline for paper and unstructured PDF was announced already in the beginning of 2009 - and hinted to much earlier - so there has been time to take widely available low...
20 December 2009 /payments
We often hear the tragic tale about the SME-sector. Nobody is really interested in them and is competing for their business. Not the banks, not insurance companies, not the accounting profession, not telecom and so forth. The answer is simple - as they are so small they have small volumes = low transaction, financing, insurable and wealth volumes =...
20 December 2009 /payments /retail
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