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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
As the owner, you will also give up ownership if you leave this group.
Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
In the old days - especially in the 80s before Internet - e-banking was seen as a supplementary channel - in addition to branches and contact centres. Today it is the main channel for almost all services - both for the customer in his private role and in employee roles of so called corporate customers. All banks have not yet adjusted their strateg...
30 September 2009 /payments
John Cant Managing Director at MPI Europe Ltd
For most financial sector decision makers, the challenging market conditions of the past year or so - despite any recent positive portents that countries are exiting recession - have promoted a natural prudence or caution when it comes to initiating change or projects. It is tempting for them to delay an explicit project cost, or to introduce an a...
25 September 2009 /wholesale
Retired Member
KPMG's report - insights to global payments titled "The beating heart of Banking" indicates reversal of priorities on payments agenda, which points to opportunities and threats faced by the industry in the coming years. Future tests strength of basics. Moving priorities from innovation to efficiency, identifying silos - organizational and...
25 September 2009 /payments
If you can lower the treshold to e-invoicing - as suggested below (emphasis mine) - you can automate accounting, public sector reporting, further the single market and much more. Then EU and member states have a chance to reach the 25% goal by 2012. If not - no chance. Who will take the responsibility for such fundamental failure? Stoiber and Verh...
22 September 2009 /payments
Technology is not the narrow sector - it is amply on offer - and the costs are going from low to lower. Technology enables "anything" and in most cases the utility is evident. The adoption gap is still widening - even too much. Why is this happening? In some cases it may be the less than perfect first versions that have scared adopters of...
20 September 2009 /payments
Banks should move up the order-to-payment value chain from payments and down the payment-to-accounting value chain - before invaders move down or up into the payment business. The reasons are fundamental: - better service - better value - new revenues certainly needed when float disappears, interest margins remain low and fee income in commoditized...
19 September 2009 /payments
As we heard from Stig Korsgaard at SIBOS there a rather unique happy confluence has been arrived at as: 1. The EC Expert Group on e-Invoicing turned to UNCEFACT to get a global e-invoicing standard to use in EU - the obvious targets being to speed up adoption, cost-efficient integration and automation and at the same time further the Single Market...
18 September 2009 /payments
Uri Rivner CEO and Co-Founder at Refine Intelligence
Just when you think you’ve seen it all, cyber criminals come up with some jaw dropping social engineering trick that demonstrates their ability to innovate and adapt. RSA FraudAction Lab discovered an amazing new attack vector, which they dub “Chat in the Middle” phishing. It goes like this: The victim gets a Phishing email that appears to be comin...
17 September 2009 /security
As dawn broke on the second day of Sibos, delegates across Hong Kong woke up confused. Was Hong Kong being battered by a force 8 typhoon, or not? Conflicting emails and stories flew around the city – was it safe to go out? Were the clouds moving off? Those that braved the weather and made it to the start of the day’s sessions were in for a treat. F...
15 September 2009 /sibos
Elton Cane Digital product delivery at News Corp Australia
Swift's new Innotribe section of the Sibos agenda has evolved into an interesting experiment in collaboration and potentially commercialisation. Presentations at the opening sessions at the SibosLabs set the scene on a number of background topics. And group leaders then pitched to the audience to get involved in workshops over the course of Sibos ...
14 September 2009 /sibos
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