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Innovation in Financial Services

Archive for: March, 2011

Jamuna Ravi - Infosys Technologies Limited - Amsterdam | 30/03/2011 | 6286 views | 2 comments

Impact of Basel III on International Trade Finance

Basel III regulations are attempting to bring back some the much-needed checks and balances in the Finance Industry so that we do not see a repeat of 2008 crisis. The set of guidelines is all about re-establishing the rules to ensure a brighter future for the global economy. I’m pro-Basel III. After all, no one wants to experience the 2008 f... Tags: Dealing rooms, Risk & regulation

Bo Harald - ZEF Solutions - Esbo | 29/03/2011 | 3706 views

e-id services - great growth in 2010

Wrote this last year: "So sensemaking to let citizens log in to public sector with e-bank log-on tools. This is so saving both tax payer's money and speeding up e-government as tools are familiar, trusted and much more convenient than any public-sector-only tool would be. Several countries have already this so obviously beneficial public-privat... Tags: Online banking, Payments

Dave Barnes - . - Edinburgh | 29/03/2011 | 3842 views

NFC Options for Banks

In response to the blog about "Google partners Citi and MasterCard on NFC m-payments", I thought I would give you my thoughts on the NFC options that are out there. It might only be Citi for now, but I suspect all of the major banks are looking at this.There are effectively 3 ways of achieving NFC in your phone/mobile device and each has its ow... Tags: Mobile & online, Payments

Bo Harald - ZEF Solutions - Esbo | 28/03/2011 | 3645 views

e-invoicing growth 2010 in Finland

2010 was a good growth year for e-invoicing using the Finvoice standard in Finland. 71% growth – now 14,4m (good bank statistics available). This would on EU-level equal 1 billion invoices. 1,1 million e-invoice requests-to-receive) were sent – EU equivalent would be 71m. Other formats (TEAPPS and Edifact ) exceed 100m in a conservative... Tags: Online banking, Payments

Bo Harald - ZEF Solutions - Esbo | 26/03/2011 | 3449 views | 1 comment

On our way to the Singularity

Ray Kurzweil eminently presents his views in this video. Singularity it will be – maybe not dramatically – like the Computer with its superior artificial intelligence having become so good at improving itself and its friends (with exponential speed) that It one day will stand up and say: “Thank you humans for having created me. I... Tags: Online banking, Payments