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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.

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Is it ethical for private companies to create currency?

We cannot deny the fact that Libra is one of the largest Fintech projects currently being undertaken in the world. It is also one of the most criticized projects that Facebook has ever considered for the past couple of years. Even their controversy about selling data to companies wasn’t as “long-discussed” as the future implications of Libra and h...

/inclusion

Retired Member

Retired Member 

This is What the Future of Financial Applications Looks Like

The world now has over 2 billion active smartphone users and a grand total of over 25 millions apps have been downloaded to date. This makes mobile app development one of the most important and fastest growing sectors in technology. No financial institution worth its salt can operate without a solid mobile strategy.Everything around us is governed ...

Ward Hagenaar

Ward Hagenaar Head of Consulting - Co-Founder at PaymentGenes

Innovation in the checkout process of physical retail stores has been slow, or not?

Building on the huge success of contactless payments we gradually experience next steps in development of the checkout process. The battle to convert cash into electronic payments enters the final stage. In 2018, only 37% of payments in the Netherlands have been paid with cash at checkout*. Contactless payments accounted for over half of electroni...

/payments

Tom Blacksell

Tom Blacksell Managing Director B2B at Experian

Promising signs as Open Banking innovation drives take-up

Although Open Banking services have been available in the UK for nearly two years, it’s fair to say the initial period after launch was something of a slow burner. With appetites for these services initially being tempered with a healthy dose of caution. However, the initiative has started to gain traction in the last 12 months. And we’ve seen seve...

/regulation

Linda Zaikovska-Daukste

Linda Zaikovska-Daukste Co-founder | COO | CFO at UXDA

Design Pyramid Method for Creating a Successful Financial Product

There are many digital financial products on the market; some of them excel, while others lack demand and have to fight for their survival. What determines whether a product succeeds or fails? And how can one be sure that the millions invested in building such a product won't go to waste? Particular aspects seem to dictate the product’s faith. All...

Retired Member

Retired Member 

IOT solution for inventory management

Current Situation We often purchase groceries/home needs from shop based on the inventory available at home. Sometimes, we end up either procuring more than what we need or miss the item to purchase due to unavailability of inventory information at our disposal. The same applies to items maintained in home fridge/large food warehouse where items...

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Vendors looking for Fintech solutions driving innovation

It seems that what is driving true innovation within the fintech community is not simply the jovial step of progress, as certain parties would put it, but rather the basics concepts of economic theory. There are many vendors working across the internet, all of whom provide diverse services, with users who have diverse needs in terms of what they w...

/payments

Joris Lochy

Joris Lochy Product Manager at Intix | Co-founder at Capilever

Digital Investment Advice - Should Financial Advisors start looking for another job?

1. Introduction Digital Investment Advice Tools (also called IATs, Robo-Advisors, Automated Investment Advisors, Digital Investment Managers or Digital Wealth Management Tools) play an increasingly important role in the world of investment advice and wealth management. These tools are already in use for decades in wealth management firms (often in...

/retail

Charles Platt

Charles Platt President, EMEA at SAP Fioneer

Experience: The real bond between bank and customer

Making major financial decisions is often emotive. Empowering users to make the right choices is possible if the best information is provided to them through a clear and effective user interface. Bringing together elements of data to underpin the decision, and user experience to manage the process, is the heart of experience management (XM). Banks...

Thomas Pintelon

Thomas Pintelon Head of Strategy at Capilever

Why lending against your investments is perfectly compatible with daily banking and PFM & BFM

Today’s bank customers want a fluent, end-to-end experience. Unfortunately most online and mobile banking platforms are still very silo organised, with typically modules for Daily Banking, Investments, Credits and Insurances. Even though this reflects very well the internal (IT) organisation of the bank, customers prefer to have a more customer-or...

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