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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
Some figures - please compare notes from your countries - 90% of the population use Internet (but only 57% in the 65+ age cathegory - 81% do the bill payments in e-banks (98% in the 20-39y), 8% di...
There is certainly a lot of focus in the UK on small businesses at the moment. Given the massive potential for small businesses to plug the hole in the UK economy, it is unsurprising that the failure...
The world is moving faster − the payments world that is. The smartphone has revolutionised the way we live, the way we pay for things and the way we bank. The payments and banking industry has stepped...
I was waiting at the British Airways lounge for my connection flight when my eyes caught the cover of a BusinessWeek magazine. “Hey China”, it said, “Stop Stealing Our Stuff!” In the last 2 years the...
We have been running a Real Time Economy program in Finland since 2006 and it has become very clear that the elements created (from plan, concept to ready) will create the biggest change ever in busin...
It takes time - starting early helps.
SEPA is a big step towards a true single market and a ready docking station for ISO200022 e-invoices and from there full automation of business processes and real time finance. Lots of work to do - bu...
Today in Singapore we've had a gathering of a collection of real innovators and disruptors in the financial services and customer experience space. The line up at#NextBankAsia was a bunch of strong in...
Cash is as we know expensive, risky, unhygenic, environment-unfriendly and an open invitation to crime, fraud, black and grey economy. Cash handling costs merchants in EU 50 billion a year. Are the co...
I found the recent study by University of California, Berkley (UCB) on Mobile Payments: Consumer Benefits and New Privacy Concerns an interesting read (see news report here). It found that an overwhel...
Strong e-id is often needed when logging in also to non-banking services. Reusing bank e-id also there - especially in the public sector - is something of the most sensemaking aspects of also otherwis...
This is the way to get e-invoicing penetration figures up fast. Return paper and e-mailed PDFs to senders. in the words of Elvis http://dmyoutube.com/watch?v=Z54-QHEZN6E.