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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.

Thomas Pintelon

Thomas Pintelon Head of Strategy at Capilever

Why lending against investments is an underexploited retail and SME market opportunity

Lending against liquid marketable assets like securities and bonds, has been around for quite some time. We could say that the Lombards who conquered Italy in the 6th century, and settled in the northern region that became known as Lombardy, invented this first form of liquid asset based lending (LABL), often referred to as Lombard lending. Nowada...

/inclusion

Tim Simon

Tim Simon CEO at Madiston plc

Why P2P Lending models are changing

Peer to Peer Lending and many other online direct lending software models are changing. We have studied different models in the online loans market for over a decade and there have been significant shifts away from lenders’ self-selecting their loans; visible loan auctions; and highly parameterised lender auto-lending tools. Why the change? Beca...

/retail

Retired Member

Retired Member 

How Element Zero’s Stability Protocol Aims to Change the Market

Ever since stablecoins appeared on the horizon as a viable solution to the many problems faced by industries attempting to integrate cryptocurrency into their work, we’ve seen some additional potential problems crop up as a result. Volatility is probably the most notable example, as it can have some serious implications for the long-term developme...

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 (Enterprise Search) 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 and CEO at UXDA Financial UX Design

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

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