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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
2011 presented some fascinating security breaches that could have been prevented. Here are my top three trends, and how to avoid them in 2012! Online identity and social media sites The successful lau...
In my last blog post I wrote about the problems banks will have with fraud detection when the three day payment process window shortens dramatically from January 2012. Because existing risk-engine str...
We have on many occasions stressed the need for the public sector to more aggressively - save their own operating costs, - help enterprises to save cost, - drive enterprises across digitalization ...
As of 1st January 2012, the three-day wait for fund transfers will be over. Banks must ensure that for all electronic payments (e.g. online banking transfers), the money reaches the payee’s account in...
1. More competitive enterprises. How? Drilling down selectively: 1.1. Better products, selling, procurement and service processes – mostly (but not only) a question of digitalization 1.1.1.
From time to time it is necessary to look at the big picture. What do we need for a more competitive Europe? Innovative and determined actions in many areas – like: 1. More competitive enterprises – i...
We're experiencing a massive shift in consumer behavior right now with the explosion of Facebook, Twitter, YouTube, and other community collaboration and social media platforms. A world where Facebook...
Over the past several months, I have had several discussions with clients, both in Spain and in the UK, who are interested in implementing a simple, straight-forward P2P service which would allow two ...
This is the natural next step after the VAT directive simplyfying life for SMEs. now banks should move in to provide the reporting sidestream in their e-invoicing services and in parallel develope the...
Key to any financial institution is the identification and management of risk. IT compliance certainly fits inside this category, where the implementation of controls to meet compliance also has an ...
The EC Expert Group on e-Invoicing - and especially its corporate members worked hard on eliminating mandatory digital signatures. DG Taxud took the clear stand that paper-, e-mail and electronic invo...
It’s not every day that you see banking security reported in a tabloid read by 2.7 million people across the UK, but The Sun’s interest in data theft highlights just how mainstream the topic has becom...