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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.

Daniel Fasnacht

Daniel Fasnacht CEO&Founder at EcosystemPartners AG

Who is going to eat the bank's lunch?

With agile entrepreneurs from Asia, exporting their digital business models to the rest of the world, Western banks will soon face fierce competition. We expect large, traditional firms to fall behind if they do not embrace digital innovations and watch out for competitor’s, especially from China. Any firm that wants to be a competitive provider o...

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Retired Member

Retired Member 

The 19 payments trends expected to make it big in 2019

Late last year, I compiled the payments trends which emanated from the SIBOS 2018 conference and which were shared across the Twittersphere by industry experts and colleagues alike. With the Christmas holidays, and 2018 for that matter, now something of a distant memory, below I reveal the 19 for 2019. APIs In an industry that loves three-letter ...

/payments

Retired Member

Retired Member 

IS IT TIME TO REVISIT THE MATURE, MANUAL PROCESSING OF CORPORATE ACTIONS?

The management of corporate actions is an old problem. It is, however, still a major challenge and an area of significant risk for many wealth managers who have not invested in automation. Historically, the cost has been the issue. The high cost of systems to automate corporate action processing made them economically unsustainable for medium and

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Rik Coeckelbergs

Rik Coeckelbergs Independent Advisor, Opinion Maker and Consultant at The Banking Scene

5 Myths of contactless payments security

As a result of my blog a few weeks ago, I had the honor to talk to a group of journalists about the myths that still exist on contactless cards and mobile payment technologies. The goal was to debunk these myths for better informed consumers on this matter. Only 4% of all Belgian card transactions are contactless. today This is very low compared to...

Retired Member

Retired Member 

Why Bitcoin is going to be fine?

Next year, several key events will occur in the digital money market that can seriously affect the situation in the industry. In 2018, the cost of cryptocurrency is continuously decreasing. Bitcoin has already fallen in price by 80% from $20,000 to $4,000. The total capitalization of the blockchain industry has decreased by 84%: it was $830 billion...

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Patrick Chambeau

Patrick Chambeau Director of Marketing at IPC

Are you in the driver’s seat? How innovative drivers can inspire traders

There are many synergies with the Formula-E concept and the financial markets. Both operate in a fast-moving market and parallels can be drawn between between drivers and traders; both are in some way high-speed pilots. Traders seek efficiencies and high performance in trying to generate alpha, looking for the ultimate advantage to make the differ...

Anna Kuzmina

Anna Kuzmina Expert at Fintech

Top 5 brain foods from Money2020 China

Money2020 is one of the most prominent fintech conferences in the world. Known for its wild parties in Las Vegas, it added events in Europe (Amsterdam and Copenhagen) in 2016, and this year opened up new locations — Singapore, and — wait for it… China. Hangzhou, home of Ant Financial (Alipay), no introduction needed, and Lianlianpay, that was a

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Anuj Kumar

Anuj Kumar UK Financial Service Strategy Lead at SAP UK

Empowering the CHRO with Digital and Data capabilities

The modern workplace is undergoing tremendous change. In what is being referred to as the Fourth Industrial Revolution, automation is quickly replacing jobs involving repetitive tasks. According to McKinsey, "in about 60 percent of occupations, at least one-third of the constituent activities could be automated, implying substantial workplace...

Retired Member

Retired Member 

How Blockchain Could Shape the Development of Accounting

Accounting is a constantly evolving field, as it’s closely tied to the world of finances, a field that itself sees constant evolution and active pushes through technological advancements. It’s not rare to see new technologies having a significant impact on the way accounting works and sometimes transforming the field permanently, and at this point...

Konrad Litwin

Konrad Litwin Global General Manager - Testing at Perforce Software

DevOps theory is great, but DevOps good practice is a bigger challenge

DevOps: spend more than five minutes looking at any IT-related website or magazine and it would be easy to assume that it is the saviour of modern-day software development. Based on the concept of breaking down the traditional barriers between software development and operations teams, it promises a more collaborative and transparent working envir...

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