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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.

Alex Noble

Alex Noble Account Director at McAfee

Identity, verification and blockchains

It’s been a while since I last blogged. Since then, one of the things I’ve been spending a lot of time on is the concept of ID&V, especially the challenge of joining the “ID” (identity) and “V” (verification) elements. I’ve been able to spend rather less time on blockchains and shared ledger technology, but following a couple of excellent sess...

Saurabha Sahu

Saurabha Sahu Senior Solution Consultant at Wipro Limited

An Innovative Financial Platform for Banking: Single Window Finance

This document is intended towards Banks, Financial Regulatory Authority and the Information technology organizations, who are working towards the innovative solution providing for the financial ecosystem. This document also will provide an innovative solution for an individual, Small Corporate, Proprietary and Partnership organizations, who are una...

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Bo Harald

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

Choose the broadest staircase

My experience from being a part of payments, e-banking, mobile, e-id etc development work has been that one should start with services that "all people" (Ms Same Guy in her private, entreprenaur and employee roles) use "all the time". Then use the same tool (habit, trust, investment etc created) for services needed less frequent...

Bo Harald

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

Real Time Taxation

The Real Time Economy program in Finland listed 1. the national income register, 2. automated real time accounting, 3. automated VAT reporting and 4. XBRL general ledger standard as top priorities. All of them have moved forward considerably and continue to progress. The national income register stands to be launched in 2019. What is it and what w...

Stuart Lacey

Stuart Lacey Founder at Trunomi

Data is money: who is taking their fair share?

If you look at the huge corporate successes of recent years, they’re all very good at monetising data. Or to put it another way: they’re very good at monetising our data. Look at Google – it earns 90 percent of its income from advertising. It can only do that by scooping up data we leave on the sites we visit, anonymising it, and selling it to bran...

Brett King

Brett King CEO & Founder at Moven

The day I realized Fintech was becoming just the same as everything else

I've been in Fintech since before we called it Fintech. Some would say that Fintech has been around for decades, as soon as Bank of America deployed ERMA (Electronic Recording Method of Accounting) in the 1950s, but even though the term was commonplace by 2009 amongst practitioners, the term Fintech got very little industry use until 2013, and the...

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Richard Carter

Richard Carter Managing Director at Equiniti Credit Services

Why are we more interested in how many steps we take rather than our credit score?

We live in a world where an ever growing amount of us have Fitbits, Jawbones and other tracking devices that are increasingly measuring and comparing our physical performance. We know how many steps we take, how many calories we’ve consumed (and expended), what our sleep patterns have been and, of course, how much we weigh. This rise of the quan

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Retired Member

Retired Member 

Artificial Ignorance - Not Normal Is an Opportunity

‘Artificial Ignorance’ may sound like a parody that expresses a blissful retreat from the hype and fears of Artificial Intelligence. But it is not. In this case, ignorance is the act of ignoring unimportant data, allowing you to focus on what is important and necessary in order to create value. Introduction “Artificial Ignorance” is a term that re...

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Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

Will Banks ever be successful in Mobile Payments or Mobile Financial Services

Abstract – This article is only meant for discussion and healthy arguments, its not a conclusion by any means this is just an assumption and current picture focused on African & few other markets. Today payment industry can be compared with either payment war, payment jungle or even just payment storm. On the other hand how Mobile Financial Se...

Graham Seel

Graham Seel Principal Consultant at BankTech Consulting

OK We Need to Innovate. But Where Do We Start?

Community banks need to innovate. Most of us accept that. Too much is changing around us, too many other players are jumping on our turf. Regulators seem out to strangle us. And customers demand more and more. Community banks need to be strategic and tactical about innovation. Innovation should be driven by corporate strategy. It should be carried...

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