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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.

Jose Pierre

Jose Pierre CEO at Marketware International, Inc.

What’s needed for AI Enterprise Transformation

Artificial intelligence (AI) continues to be one of the most popular technologies among business executives in decades. Increased pressures on financial services organizations is driven in part by investors’ enthusiasm for digital capabilities. This has fueled the need for well-planned transformation strategies to innovate in order to enhance th...

/ai

Retired Member

Retired Member 

Key Benefits of Robo-Advisors in Fintech

When you are investing and strive for a higher ROI, whom do you address? As a rule, you reach out to a team of wealth advisors. That means meeting regularly with those financial consultants to discuss your ventures and make adjustments to your investment portfolio. This process is time and money consuming and can be frustrating, as well. This does...

/ai

Freddie McMahon

Freddie McMahon Director Strategy and Innovation at DF2020 Ltd

Regulation Chatbots: The Machine versus Human Redline

The growing recognition of new value creation from using chatbots has amplified market hype, even though there are many genuine cases delivering benefits. This growing momentum has cultivated a populist belief that natural language processing, powered by machine learning, is fit for purpose in any context. Furthermore, it has cultivated a sense-mak...

/ai /regulation

Jeremy Light

Jeremy Light Co-founder at Fourdotzero

Opening Up the Walled Gardens of Domestic Payments

Domestic Payment Interoperability – A Fading Prospect Cross-border interoperability of domestic real-time payments systems was a hot topic a few years ago, but seems to have gone off the boil – possibly due to the reality of bedding in new real-time payments systems and the challenges of domestic adoption – from the USA, to Europe, to Asia to Aust...

/payments

Shailendra Malik

Shailendra Malik SVP - Tech Delivery (Data Platform) at DBS Bank

Identity, Privacy and Surveillance

Some history behind it Since fiction has roots in our society, far deeper, most of us can imagine. Do you know the first recorded futuristic fiction work written in Modern Age of reason era was written by Thomas More and the name (I am sure some will be surprised to know) was “Utopia” published in 1516 AD? Though the topic of this novel was more f...

/security

Retired Member

Retired Member 

British Businesses Think Financial Fraudsters are Ahead of the Game

Our annual Business Fraud Report makes for sobering reading for UK businesses and those working in the financial sector. One in five (22%) UK businesses now report that someone has previously attempted payments fraud on their business, and almost four in ten (37%) business owners who have either been a victim of payment fraud, or know a business w...

/payments

Alex Kreger

Alex Kreger Founder & CEO at UXDA

The Digital Age Requires a Business Culture Based on a New Mindset

Digital technology disrupts the financial industry and all bank branches could be closed by 2034. Digital disruption focuses on customer expectations and behavior, which is a game changer. We see global banking digital transformation, but it is not always customer-friendly. Why? We believe it's because of a lack of an Experience mindset. Disruptio...

/people /retail

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Real Time Economy Data, MyData and BigData

We are now moving deeper into the data driven economy so it is necessary to reflect on the journey so far and what we see on the horizon. 1. First the Why. The Real Time Economy program has been focusing on improving competitiveness especially for the SME-sector from the very beginning (2006) for three reasons: 1. About 65% of turnover and employme...

/ai

Retired Member

Retired Member 

The fringe benefits of fintechs in-housing regulatory roles

Bloomberg recently identified an uptick in ads for in-house compliance roles at influential fintechs. Positions at the likes of Betterment LLC, Coinbase Inc and the Wealthfront Corp started to crop up, suggesting a wider trend towards in-housing regulatory roles. Cynics might say this latest trend is simply a PR exercise, but there are other benef...

/regulation

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Top Fintech startups from South Africa to look out for in 2019

Fintech has become a big deal in South Africa in the last couple of years. A large part of the African population is unbanked (They do no use the services of traditional banking systems). Because of this, an implementation of new ways to approach these problems became relevant, that’s when the Fintech companies stepped in. Especially in South Afri...

/startups

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