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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.

Saurabha Sahu

Saurabha Sahu Senior Solution Consultant at Wipro Limited

Distributed Ledger Maintenance on Cloud: Blockchain and Beyond

In continuation of my previous blog on Blockchain: Need of Future for Financial Industry, let us now try to understand one more path breaking revolution in the field of Accounting and Ledger maintenance. This will provide a better and efficient way of fund settlement between two parties domestically as well as internationally, where Foreign Curren...

/payments

Saurabha Sahu

Saurabha Sahu Senior Solution Consultant at Wipro Limited

Blockchain: Need of future for Financial Industry

In today’s global economy, the information shared across various entities and industries have to be 100% accurate secure and transparent. This requires a robust, secure data transmission through a defect free network. Financial data is the backbone of any Organization. The financial Institutions are leveraging the secure and robust communication ch...

/payments

Retired Member

Retired Member 

Blockchain for blockheads - Distributed Ledger for Dummies in five minutes

Food for thought for those in a hurry: why doesn't a card payment terminal need to check with all other terminals worldwide that your card is genuine?.. Bitcoin hype seems to be superseded by its blockchain flavour. Bitcoin start-ups still raise money, so do blockchain ones - it's tempting to chase unicorns in the "rocket science" area fe...

/startups

Retired Member

Retired Member 

PART 2: WHY CHALLENGER BANKS NEED TO BE 100 TIMES BETTER THAN INCUMBENTS

In my previous article I attempted to reframe the “Fintech debate” into one centred around its goal (competition) rather than its means (Innovation, Fintecth, etc.). In this piece I would like to offer a framework to discuss what an overall banking proposition is and why one will be better than another. This will lead me to argue that a challenger...

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

Next big thing in Mobile Financial Services Interface

Mobile Money or M-Money refers to financial transactions or services that can be carried out using a mobile device what ever this is but for Payments Revolution; Speed is The King. Very popular phenomena on internet "If you are looking for the next big thing, and you are looking where everyone else is, you are looking in the wrong place"...

/payments

Retired Member

Retired Member 

Forget about Fintechs and Innovation, they aren’t the point - Part 1: It’s all about competition

By Hakim Mendjeli , 4by90 consulting (This article was first published here) This is the first instalment of a few articles to share my perspective on innovation, retail banking, Fintechs and competition. If you see some value in my perspective please do let me know. As they say on youtube "like it, share it, comment on it!" In this firs...

/retail

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

Mobile Payments : Mythical Facts

Abstract – This article is triggered by real life incidents combined with a high-level overview of mobile financial services and mobile payments. The mobile technologies covered herein are neither new nor a revolutionary innovation; but have been there on this planet for decades though not all of us have been aware or maybe the way I have experien...

/payments

Bo Harald

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

Deutsche Bank CEO promises 10 more years for cash

The Deutsche Bank CEO stated that cash will disappear during the next 10 years. Why does it have to have to take so long? Take the opportunity to repost this from 2008: "EU published some figures on cost of handling cash - 50bn per year - and the consumer pays every cent of it - without knowing how much we would all save by keeping money in d...

/payments

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

FinTech a wave to pass on or an Opening to..

Abstract -: Compliments of the season. This post coming out of own my observations, experience and reading from Internet. Payments innovation is happening and it’s continued since end of 2014. Interestingly its driven by those outside of traditional payment industry. A innovative payments either in IoT or Fintech domain is when the surface or boun...

/payments

Vinod Sharma

Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe

Banking or Banks?

Abstract – This article is purely from my own assumptions and experience no where related to any conclusion. focused on the issues, developments and trends around banks, banking, fintech & financial services mediums. My understanding out of everything going on around the world on various options of payments front I must say we should avoid a c...

/payments

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