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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.

Hugo Cuevas-Mohr

Hugo Cuevas-Mohr CEO at Mohr World Consulting - IMTC Conferences

THE SHIFTING VIEWS ON FAMILY REMITTANCES

After a series of media interviews a couple of weeks ago, in a trip to Guatemala, I realized in a moment that I was witnessing a change in the public perception of remittances that I had not grasped before. Answering one by one journalist questions, it was unquestionable that I was witnessing a shift that I had not noticed before. After thinking a...

/inclusion

Graham Seel

Graham Seel Principal Consultant at BankTech Consulting

How Cash Management Will Become the Bank’s Greatest Asset

OK for most of us this sounds crazy. Cash management is a commodity. All the big banks do it. All the small banks offer it, even if they have to outsource it. Companies need it but there’s nothing new under the sun. Right? Wrong! Business banking is going to change. Today banks are primarily used as ways to carry out financial transactions. But in ...

/wholesale

Retired Member

Retired Member 

Welcome to Wonderland of Financial Experience Design

Allow me to invite you on a little adventure. Down The Rabbit-Hole So, my friend has a beautiful daughter Alice. She is only four years old, but she is already jumped into modern Rabbit-Hole of technology. When I was watching her, she took my smartphone, and launched camera app. In half an hour she overloaded phone memory with hundreds of photos...

Abhishek Chatterjee

Abhishek Chatterjee Managing Partner at Gartner Inc.

Capital Market - How to drive Technology led growth?

Capital market industry is facing challenges across revenue growth, capital charges and high structural costs. Investment banking revenue fell 4% led by 8% decline in Fixed income, 5% drop in advisory and underwriting revenues. While growth is hard to come by, the problem is further magnified by deterioration of cost-income-ratio due to higher com...

/security

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

CashLess and LessCash - Security

Abstract – Drive against Cash or case against Cash is on its way with full swing across the globe and in India specifically this is going on a scale which is bigger then world war-2 (Just guessing). This effort is appreciated, welcome and needed but speed may be wrong. The security of subscriber’s data in terms of kyc information, transactions det...

/payments

Konstantin Rabin

Konstantin Rabin Head of Marketing at Kontomatik

Risks, Frauds And Best Technologies To Fight Them

Online banking didn’t eliminate the opportunities for thieves. Moreover, it even helped the criminals do their deeds. Armed bank robberies still happen and crooks have new doors to break in: now they use hacking and social engineering to steal your money. This is why it’s essential for financial institutions to constantly monitor user activities a...

/inclusion

Retired Member

Retired Member 

Virtual reality banking? Now that IS science fiction.

Virtual Reality noun a realistic simulation of an environment, including three-dimensional graphics, by a computer system using interactive software and hardware. - Dictionary.com Back in early February 2016, Facebook uploaded a photo of CEO Mark Zuckerberg walking through what seemed like an army of VR headset wearing drones. The overall look an...

/retail

Retired Member

Retired Member 

Is blockchain necessary?

There is no dearth of material to tell us what is blockchain, how it is going to transform our lives in the years to come, where it could be applied, etc and the list is endless. That it is the next big thing after all, since the invention of steam engine, the electricity and the internet itself! World Economic Forum predicts that by 2025, 10% of...

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

CashLess Payments to Drive LessCash Payments

Abstract – Essentially, digital cash mimics the functionality of paper cash. The elimination of physical cash from economy is feasible is purely a technological perspective or assumption. Our hard earned money and investments disappear into a labyrinth of financial instruments so mysterious that “money” almost becomes more of an idea than a tangib...

/payments

Retired Member

Retired Member 

Banking Future is in Digital Channels and UX Strategy, Not in Marketing

2016 has just ended and 2017 has started. For most of the companies that means new strategic plans for possibility to grow in future. Banking industry is no exception. New year, new me or even better me applies for them too. Inside board meeting rooms C-level executives set new KPI's and plan improvement on existing ones. Mid-level executives have...

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