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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.

Bo Harald

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

My storytelling to grandchildren:

1. At the latest next year all EU-citizens will be able to download at least one identity-building wallet to their mobiles. To this you can then get all sorts of credentials – who you are, your age, your address, your skills in languages, maths, sports etc. And naturally a statement from you grandfather as to your positive attitude to learning the...

/ai /identity

Teo Blidarus

Teo Blidarus CEO and Co-Founder at FintechOS

Improving insurance with a shift to life-centricity

Insurance is no longer just about policies and claims. The industry is beginning to focus on customer protection and support. Instead of fixed coverage, insurers are designing solutions that fit into everyday life. Traditional models often fail to meet modern expectations. Customers now want coverage that adapts to their financial, health and l...

/ai /predictions

Alex Kreger

Alex Kreger Founder & CEO at UXDA

Dangers of Mergers and Acquisitions in Banking: Digital Chaos Hurts Customer Experience

When banks merge, the focus is often on cost savings and market expansion. But bigger doesn’t always mean better, especially in the digital world. Today’s customers demand speed, personalization and seamless interfaces. Merging two complex organizations with different digital products can only increase friction for clients. With 55% of users ready...

/retail /markets

Jamel Derdour

Jamel Derdour CMO at Transact365 - www.transact365.io

Winning the Payments Game: How To Prepare for Sporting Events like the Indian Premier League

Sporting events, whether local, national, or global, present significant opportunities for merchants to capitalise on increased consumer spending. Fans flock to online stores, creating a surge in transactions. To maximise revenue and ensure seamless customer experiences, merchants must prepare their payment systems effectively. Here’s how business...

/payments /markets

Nkiru Uwaje

Nkiru Uwaje Co-Founder and Chief Operating Officer at MANSA

How Fintechs are Rethinking the Concept of Money

The concept of money has evolved substantially over the millennia, from shells and precious metals to paper bills and digital entries in banking systems. We now stand at the precipice of another fundamental advancement, in which technology is not just changing how we interact with money, but redefining its very nature. This evolution goes beyond s...

/payments /crypto

Bo Harald

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

The Why is the same - the How has changed because of AI-agents

Reflecting on 2018 blog at +++ "For quite some time it has been clear that data is the new oil (not the best term - as oil is consumed while data improves when used) and trust the new currency. +++very much more so now becasue of AI+++ The opportunities to improve services and productivity by new levels of...

/ai /identity

Alex Kreger

Alex Kreger Founder & CEO at UXDA

Underestimated Procurement: The Key to Higher Returns in Digital Banking

In the high-stakes race of digital banking and Fintech, one misstep can cost millions in lost customers, brand damage and wasted development. Ironically, that misstep often happens before the project even starts—during procurement. Month after month, the UXDA team meets with banks with grand ambitions to transform their digital products. And somet...

/retail /devops

Bo Harald

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

EU, UK and India hand in hand with organisation wallets

V Parthasarathi has written very clearly about the path forward in his LinkedIn post. Noting that wallets for citizens are in various stages of rollouts in 100+ countries. I have for my part noticed that India has been moving resolutely forward already for some time. Now the the question is how much we in Europe could learn, possibly con

/ai /identity

Bo Harald

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

84.7 billion euros is a lot of money.

84.7 billion euros is a lot of money. Especially as this cost saving is just about supplier data management in the enterprises. In Germany... Table here: https://www.linkedin.com/posts/bo-harald-4768b51_847-billion-euros-is-a-lot-of-money-especially-activity-7301276133528944642-U6by?utm_source=share&utm_medium=member_desktop&rcm=ACoAAABPj1...

/ai /identity

Bo Harald

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

I asked Grok about my own contributions

What has Bo Harald written about in Finextra? Bo Harald has been a prolific contributor to Finextra, a leading financial technology community platform, where he has written extensively on topics related to fintech, digital identity, banking innovation, and economic trends over the years. His articles often reflect his deep experience in electron...

/ai /payments

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