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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.

Brett King

Brett King CEO & Founder at Moven

The Inmates are Reforming the Asylum - Innotribe

Reprinted with permission from Huffington Post... On September 17, 2011 a group of protestors gathered in Zuccotti Park in New York to protest the growing influence of corporations and the financial services sector. The Occupy Wall Street movement still evades our language today with cries of "we are the 99%" having been damped, but not...

/sibos

Retired Member

Retired Member 

Know, Wow, and Empower Customers

Making Customer Insight Analytics Actionable Like most large commercial banks, I’m sure that my bank views my checking account for exactly what it is on its balance sheet, a liability. To be fair, I treat it as my personal controlled disbursement account. Money is directly deposited semi-monthly, and evaporates just as fast to cover my mortgage, b...

/retail

Brett King

Brett King CEO & Founder at Moven

Africa, ApplePay and the iPhone 6: Resistance is futile

If you've followed my bullish ramblings on mobile payments here at Finextra, you'll know that talk of the coming ubiquitousness of mobile payments is nothing new for me: Why Square Wallet failed, and why Coin card is next... (May 2014) Why payments are disappearing, and mobile will win (Oct 2013) Why the iPhone means the end of Swipe and Cards (Se...

/payments

Retired Member

Retired Member 

To those who still don't get it...

It's been a while since I blogged here at Finextra (for many reasons)... Today is a special occasion. The day Apple (and I) said "FU!" (You'll understand the context better if you glance through my December 2013 post.) To those who doubted Apple will do NFC. And those who refused to listen about the consequences of Apple doing so... To a...

/payments

Brett King

Brett King CEO & Founder at Moven

Coin Card delays launch to Spring 2015, upset backers

If you've been waiting for news regarding Coin Card, then you've got a longer wait than expected. Coin launched with HUGE fanfare in November of 2013, promising to revolutionize your credit card by allowing you to combine up to 6 cards in one bluetooth enabled device. Launched on the same day as the revamped Google Wallet, Coin Card stole the show...

/payments

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

'PSD2' a Much-Needed Step To Uniformity and Accountability

Payment Services Directive 2.0, Why “PSD2” is A Much-Needed Step Towards Uniformity and Accountability in the European Payments Industry Rules and regulations serve many purposes, from ensuring that business activities are conducted consistently and fairly, to ensuring that providers and their customers are protected from harm, intentional or oth

/payments /regulation

Retired Member

Retired Member 

Will Host Card Emulation save NFC?

Coexistence: Host Card Emulation supports the coexistence between the Secure Element issuance model and the HCE CloudSE and in-software approaches. This leaves an open-door to a shift in approaches or (commercial) attitudes towards eSE and USIM SE issuance. The offline/no-network problem – CloudSE solutions now offer the ability to support a limit...

Pat Carroll

Pat Carroll Founder/Executive Chairman at ValidSoft

The Next Target-Style Attack This Holiday Season?

Remote Access Vulnerabilities and “Backoff” PoS Malware to Lead to Potential Next Wave of Target-Style Attacks this Holiday Season Data breaches, identity theft and stolen payment card credentials are the gifts that keep on giving (or taking, depending on your perspective), just ask any of the 100+ million consumers caught up in the wave of sec...

/payments

Brett King

Brett King CEO & Founder at Moven

Can we stop talking 'Branch of the Future'?

Whether it is Bank of Queensland with their Hipster Branch launch, Citi's famed Apple-Store Branches, NAB's Crowd concept, Unicredit "Branch of the Future" in Italy and Bulgaria, PNC's Tellerless Branches, smaller regional players like South Shore Bank and Conestoga BankWerx, or the launch of Video-Interactive Teller's for TEB, Ion B...

/retail

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

Brazil vs. Germany: A Surprising Find

For the people of Brazil, the semi-final match in the 2014 World Cup was a mesmerizing event. True, the opposition was as fierce as you can get – no one in his right mind wants to play against Germany – but the 200 million people of the host nation had a single vision in their minds, that of their football national team waving the golden cup at th...

/security

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