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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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John Cant Managing Director at MPI Europe Ltd
Apparently travel broadens the mind, at least that’s why I am travelling to Arsenal’s Emirates Stadium with alliance partner Rob Woolley (SVP EMEA of Globant) to the Somesso “Creating Social Capital” event. For those of you who don’t know Globant, it is the leading Latin-American IT Services & Software Development group, and they have developed...
14 May 2009 /wholesale
Retired Member
Last night on Newsnight, Shaun Woodward, made a spirited attempt to comment on the expenses scandal. In doing so, however, he highlighted yet another area of hypocrisy that underlines why our current set of politicians are not fit to govern. Jeremy Paxman questioned why, when he is so rich (he is married to a Sainsbury) he should claim mortgage in...
12 May 2009 /retail
Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData
There are no "private customers" either.. Only human customers in different roles. And they surely deserve to be served with similar tools, logic and language irrespective of the role. Anything else is bad service and slowing up adoption of more productive practises in both roles. This is especially important for SMEs - 23 million of them...
10 May 2009 /payments
So sensemaking to let citizens log in to public sector with e-bank log-on tools. Check statistics here: http://boharald.blogspot.com/2009/04/e-id-making-great-progress.html This is so saving both tax payer's money and speeding up e-government as tools are familiar, trusted and much more convenient than any public-sector-only tool would be. Sever...
28 April 2009 /payments
We are at critical point in our economy - businesses are struggling, public debt is soaring, many banks need support,tax increases are threatening, unemployment is on the rise, budget cuts eat into product development and innovations - just to mention a few. But even worse problems are waiting around the corner - aging population, smaller workfor...
27 April 2009 /payments
Stanley Epstein Associate at Citadel Advantage Group
Although the world's financial system is still in dire straits, together with the economies that have been dragged down with them, there seems to be an element of optimism in the air. Perhaps it is the coming of spring that seems to engender new feelings of rebirth and of hope. What is disturbing however is the notion that the worst is behind us a...
26 April 2009 /regulation
Recent news on Fed's initiative on cross border payments in US Europe corridor indicates high probablity of a new cross border payment standard, which may not be necessarily the international payment standard as being followed due to following reasons:- 1. European high value payments are highly inclined towards SWIFT standards with stringent europ...
12 April 2009 /payments
AFP has published this year's report on Payment Frauds last week. As always, year after year more corporates have indicated they were victims of payment frauds. From Banker's point of view, this highlights the need to strengthen the service offerings addressing the open risks foreseen by corporates in this domain, parallely to strengthen the opera...
06 April 2009 /payments /regulation
I have lately been busy with a new focus on innovations. We now have more ingredients for doing more new things and old things differently with technology than ever before. Recessions are often the time for better reflection and new approaches. This recession may even form the base for a mental shift - away from mindless consumerism, blind quarter...
05 April 2009
There is no question that mistakes have been made in the financial crisis and people rightly or wrongly are suffering the consequences of such actions. Investment firms are attempting to alter practices to ensure that such a disaster doesn’t happen again but what else can be done? The key is education. I am a strong advocate of implementing financ...
26 March 2009
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