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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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Retired Member
Are you sure you want to do this? Richa, my wife asked as I shared my idea to undertake an experiment in which I will stop using cash and instead use only digital forms of payment. Colleagues said going cashless in India is difficult and that I wouldn’t be able to manage more than a week. All this and the fundamental question “As a believer in digi...
05 June 2016 /payments
Andrew Fear Advisor / Consultant at Independent
Do you ever have to read brochures that are nearly unreadable? Brochures that push the superlative functionality, the embroidered success story, the many advantages and sparse disadvantages, the reasoned argument with no marks of originality, distinguishing features and no story. Nobody wants to read them. So many are writing this kind of stuff th...
27 May 2016 /retail
Digital transformation of marketing channels has brought a change in consumer expectations. Going digital calls for revised culture and process of work. Industries across sectors are reaping the benefits of digitization. A digital transformation in the insurance industry refers to an outside-in approach in line with a customer-centric view of the b...
27 May 2016 /inclusion
The Internet of Things (IoT) is changing everything, particularly in the workplace. It represents a significant shift in how businesses develop new services and products, and in terms of how new technologies are distributed amongst your customers. As IoT connectivity increases and rapidly expands, it’s a trend that’s set to transform the way we wo...
17 May 2016 /retail
Konstantin Rabin Head of Marketing at Kontomatik
In the last century, banks faced two major crises, which resulted in economy collapses, bankruptcies, new regulations and a more secure environment. In 1929, just before the Great Depression, the banking system crashed, because there was huge unbalance between deposits and loans – around 1:9 – and no or scarce government guarantees and regulatio
16 May 2016
Google Company — now renamed to Alphabet — started as an academic project on Stanford University exactly 20 years ago. After these two decades Larry Page and Sergey Brin, the students, who developed BackRub search engine that became the foundation for Google.com, are leading one of the biggest companies in the world (listed #40 on Fortune 500 an
10 May 2016 /retail
Transaction banking generates lucrative and stable annuity revenues that are highly profitably at scale. For this reason numerous new non-bank entrants ranging from payment institutions (PI), payment service providers (PSP) and third-party processors (TPP) are entering the payments business. However to remain competitive, combat commoditization an...
03 May 2016
There were the times when banks had almost everything. They offered deposits, loans, cards, money transfers, currency exchange, insurances and so on. And the most compelling thing was that they had almost no or little competition. Unfortunately for banks, these times are over. New players on the market found their niches to challenge the big ones. ...
02 May 2016 /payments /retail
Graham Seel Principal Consultant at BankTech Consulting
In my 30+ years working in financial services, I have participated in the purchase of $100 million of financial technology. In the course of this, I interacted with many different kinds of software and hardware vendors. I was surprised at the ineptitude of most of the sales efforts. Now I consult to technology companies. So the shoe is on the ...
27 April 2016 /startups
Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
When making innovation happen - getting the next individual to move to something better (digital) - we need to look at the full toolbox. The starting point is that too many citizens continue behaving against their own interest - be it unhealthy, expensive (often hidden costs), inconvenient, CO2-producing etc practises. The moral entitlement for mov...
27 April 2016 /retail
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