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Innovation in Financial Services

Archive for: February, 2010

a non-active Finextra member | 23/02/2010 | 2376 views

New York under zero: some thoughts on the Engage! Expo

"If there are any Mattel engineers in the audience, the astronaut Barby's space suit is not crash proof" (loose paraphrasing on Will Wright's keynote)Yep, the keynote was entertaining and Engage brought a lot of vendors to snowy New York's Javits center. The two day event, though a bit low on developers, had a few interesting sessions and some inte... Tags: Payments, Risk & regulation

Bo Harald - ZEF Solutions - Esbo | 21/02/2010 | 4141 views

New high quality report from Deutsche Bank

New report (will be translated to English soon) going deeper into the e-invoicing theme http://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/PROD0000000000253980.pdf Deutsche Bank is certainly doing their part - but as the report notes - the network effect is needed - and that means all banks - just like payments. Tags: Online banking, Payments

a non-active Finextra member | 14/02/2010 | 2294 views

Fraud detection and UE: why are Millennials slower?

A scientist was conducting an experiment with a fly. He pulled off one of its legs and set it down to see if it could fly. Conclusion: a fly without one leg can still fly. He pared off a second leg and set it down, saying "Fly!" Conclusion: a fly without two legs can still fly. He removed all the legs and set the fly on the palm of his hand, shouti... Tags: Payments, Risk & regulation

Bo Harald - ZEF Solutions - Esbo | 13/02/2010 | 3622 views | 1 comment

Have banks given up?

Have banks given up trying to be good citizens? Sometimes you get that feeling - and also understanding that the avalanche of generalizing populistic condemning can lead to a give-up feeling even in the blameless banks. Of course it is difficult for the man on the street to understand why the market practice in the financial industry is so bonus-f... Tags: Online banking, Payments

Upendra Namburi - GE Money - Gurgaon | 12/02/2010 | 3569 views

Mobile Payments Redefined - The Indian Flavour

Purchasing an airline ticket with Rs. 30 in the wallet at 2 am in the midst of a trekking expedition, considered nigh impossible till a few years back is now a distinct reality made possible by mobile phones. Is cash on the brink of extinction, well not yet! With the explosion in mobile telephony, it was often considered that mobile payments woul... Tags: Payments