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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.

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Craving for the concrete..

I sit on a fair number of boards and project steering groups (start-ups, established, traditional, think-tanks and government bodies) and act as an independent advisor in the digitalization area. What strikes me: - Most of us have heard and read about the radical techno-driven future. How data is the key part of any business and public sector steer...

Priya Lakshmi

Priya Lakshmi Digital Leader at Own

Un-’block’ your business 1.0: Enterprise Blockchain Interoperability: Are we there yet ?

I have had a busy and interesting first quarter of the year with many of my days filled with evaluating a new start-up / technology vendor who has come up with a brand new blockchain or DLT platform and whether backing them makes sense. I have also been spending equal amount of time working with or following some of the larger consortia formed in ...

Arita Krastina

Arita Krastina Lead UX Architect at UXDA

5 Effective Research Methods To Create User-Centered Banking in FinTech

A lot of changes have been happening thanks to a continuously evolving FinTech industry, but many changes are yet to come. Understanding what customers want and need is very crucial for every business, and finance is no exception. There has to be a clear understanding of the things that either cause customers headaches or deliver pleasure when cre...

Alex Kreger

Alex Kreger Founder and CEO at UXDA Financial UX Design

UX Design Guide: 7 Steps to Make Digital Banking Service or Fintech Product Simple

Each year technology makes the world more complex for people to understand. So, easy-to-use services for consumers are in particularly great demand. Due to the nature of the human mind: it is vital to perceive the world in a simple way. Any financial service can get an advantage by delivering a perfect user experience based on a simple interface. ...

/retail /devops

Willem Lambrechts

Willem Lambrechts Managing Director at Drebbel

IT failure damages reputation of Argenta bank

Financial news in Flanders : clients of Argenta bank are unable to use their banking app or the online banking portal after a software upgrade. The problem did not last for a couple of minutes (which would have been quite bad) , no it has been going on for days. Can you imagine? The explications given by their CEO in today's Flemish financial news...

/retail

Retired Member

Retired Member 

Ethical innovation in AI: Why is it so elusive?

Do you remember the sensation around the launch of Microsoft’s chatbot, Tay? It was an exciting breakthrough in AI and people across the globe were logging on to chat with Tay and test her knowledge. However, in a matter of hours, Tay took on racist overtones, fed by inputs from her very users. The incident of Tay demonstrates the inherent fears p...

/ai

Jeremy Light

Jeremy Light Co-founder at Fourdotzero

Bitcoin at 50,000 USD?

Bitcoin’s price averaged $272 in 2015, $567 in 2016 and $4,001 in 2017. It peaked at just below $20,0000 in mid-December 2017. So far in 2018, as of mid-March, the average is just over $11,000. Bitcoin’s price has risen exponentially, as has interest in it from regulators, speculators, developers, innovators, economists, journalists, bloggers and ...

/payments

Enrico Camerinelli

Enrico Camerinelli Supply Chain Blockchain Personal Coach at Aite Group

What’s Blocking Supply Chain Blockchains?

Supply chain blockchain Proof of Concept (PoC) initiatives are showing that further progress is needed on the DLT technology before it will be ready to support production-grade applications in large-scale and mission-critical global supply chain infrastructures. While my research continues, I want to share my initial findings on what holds back PoC...

Jeremy Light

Jeremy Light Co-founder at Fourdotzero

Powering Up a Crypto-Cash Society with Central Bank Money

Money without Innovation Fiat money takes three forms - electronic deposits at commercial banks, banknotes (and coins) and central bank (CB) reserves. None of these are great starting points for innovation. Electronic payments (cards, direct debits, credit transfers etc), exchanges of deposits between and within commercial banks, are increasingly d...

/payments

Lee Campbell

Lee Campbell CEO & Founder at Cube Logic

Trader: Alexa, do you want to come to work with me?

Conversation-as-a-Service meets the trading floor The way we interact with computers has continually evolved from punch cards, command line interfaces and keyboards, the introduction of the mouse and more recently touchscreen devices and Alexa. The common driver for change is always to make things easier, faster and more intuitive to input and acc...

/regulation

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