Community
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
As the owner, you will also give up ownership if you leave this group.
Alex Bray AVP, Omni-Channel Acquisition & Servicing at Genpact
You cannot have missed the latest craze for Pokémon Go. Hordes of zombified individuals are wandering around your city, staring at their mobile devices. They are hunting for Pokémon. These ‘pocket monsters’ are animated characters which users collect, train and fight. Users visit PokéStops and Pokémon Gyms hoping to catch wild Bulbasaurs, Pidgeot...
25 July 2016 /retail
Graham Seel Principal Consultant at BankTech Consulting
Whose job is it to manage operational risk? The Chief Risk Officer? Check Operations Management? Check Compliance? Check Data Management? Check Technology Providers, FinTech and RegTech? Check Yours and mine? Check! Yesterday I had the pleasure and privilege of moderating a great panel discussion on Big Data Analytics for Risk Management. The dis...
22 July 2016 /regulation
A FinTech CEO who doesn’t understand risk management is at a crushing disadvantage. Why? Banking at its core IS the business of managing risk. Banks don’t just have to be risk-aware. They are in the business of managing risk on other people’s behalf – that’s the primary reason they exist. Banks look after our deposits, ensuring they don’t get lost...
19 July 2016 /regulation
Retired Member
The number of companies employing a chief digital officer (CDO) to drive their technological development is soaring, and the financial services sector is getting in on the act. With a real understanding of both technology and emerging consumer trends, this new breed of executive may finally bring true digital innovation to the industry – but even ...
15 July 2016 /regulation /retail
Alex Noble Account Director at McAfee
Wanting a change from Brexit articles (too many of them are just too much speculation), I was looking back at some of the news stories from earlier in the year that I’d meant to blog on but hadn’t managed to. One of those was HSBC UK’s introduction of voice biometrics (see Finextra: “HSBC to roll out voice and Touch ID to 15 million UK customers”)...
14 July 2016 /security /retail
Bank regulation is older than you think. The ancient Code of Hammurabi, which predates Moses and the Biblical legal code of the Pentateuch, includes rules for interest-bearing loans (not more than 30% interest for past due loan repayments!) Since then, review of the history of banking shows that regulation of financial services has become more an...
08 July 2016 /regulation
Konstantin Rabin Head of Marketing at Kontomatik
Brexit still remains a hot topic in the media. The consequences of the British referendum will have—well, they already do—a profound impact on the world’s economy. Fintech companies are no exception to this and they will face new challenges when the UK is definitely out of the EU. What should fintech players expect in the new reality with Britain ...
04 July 2016 /inclusion
There are over 6,000 community banks in the US. Many of these manage significant assets, and have meaningful IT budgets. Their small business and consumer customers are looking for competitive digital banking services. But community bank technology is often outdated, and difficult to enhance. What an opportunity for FinTech! There is no clear asse...
02 July 2016 /retail
Great feats of innovation can die a slow and unremarkable death if they are not adopted by the organization. Adoption requires a comprehensive approach to integration that recognizes the importance of how people work as well as a sound, technical implementation. Here are three keys to maximizing the adoption of innovative solutions across the orga...
29 June 2016 /startups
Vinod Sharma CTO - FinTech Domain at Econet Wireless Zimbabwe
Abstract - Cashless or LessCash are terms, which are often interchanged, which in most cases create confusion amongst consumers and to some extend new startups. If we are to consider the Asia-Pacific region where Digital disruption is at the top of the banking sector`s agenda. The question that arises is; will the banks’ respond to the rise of Fin...
28 June 2016 /retail
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