10 February 2016

Innovation in Financial Services

A Finextra Community Group

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Archive for: February, 2010
a non-active Finextra member

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

23 February 2010  |  3319 views  |  0  |  Recommends 0

"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 a...

TagsPaymentsRisk & regulation
Bo HaraldZEF and Real Time Economy Program - Helsinki region

New high quality report from Deutsche Bank

21 February 2010  |  4598 views  |  0  |  Recommends 0

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.

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a non-active Finextra member

Fraud detection and UE: why are Millennials slower?

14 February 2010  |  3270 views  |  0  |  Recommends 0

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 an...

TagsPaymentsRisk & regulation
Bo HaraldZEF and Real Time Economy Program - Helsinki region

Have banks given up?

13 February 2010  |  4059 views  |  1  |  Recommends 0

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 t...

TagsPayments
a non-active Finextra member

Mobile Payments Redefined - The Indian Flavour

12 February 2010  |  4186 views  |  0  |  Recommends 0

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 mobil

TagsPayments
Uri RivnerBioCatch - Tel Aviv

Finger Pointing in Commercial Banking

11 February 2010  |  4634 views  |  9  |  Recommends 0

Hey, that’s a first. A bank sues a customer over losing money to fraud. It used to be the other way around. Online banking fraud got to executive level attention when in 2005 Bank of America was sued...

TagsSecurity
a non-active Finextra member

The Next Big Thing - and what is it takes to be that thing

10 February 2010  |  2759 views  |  1  |  Recommends 0

When something happens for the first time - it's avantgarde. If you see it twice - it's original. On the third time - it's plagiarism. On the fourth - it's pastiche. But when it happens for the fifth ...

TagsPaymentsRisk & regulation
Uri RivnerBioCatch - Tel Aviv

Have you lost your Carbon?

07 February 2010  |  3108 views  |  0  |  Recommends 0

Butch Cassidy: You know, when I was a kid, I always thought I'd grow up to be a hero. Sundance Kid: Well, it's too late now. Butch Cassidy: What'd you say that for? You didn't have to say something ...

TagsSecurity
Bo HaraldZEF and Real Time Economy Program - Helsinki region

Cutting administrative costs in half

07 February 2010  |  2654 views  |  0  |  Recommends 0

Innovations always take time. Also in the case of e-invoicing. A few observations: - e-banking took time - and typically some actors lost faith (did not jump on the bandwagon or went passive) halfway ...

TagsPayments
Dean ProcterTransinteract - Sydney

Mobile - First you'll get one - then...

06 February 2010  |  3199 views  |  5  |  Recommends 1

By 2014, mobile and Internet technology will help over 3 billion of the world's adults to electronically transact. Emerging economies will see increase in mobile and Internet adoption through 2014. Wo...

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Founded by Elton Cane
Date 12 Nov 2007
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A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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