23 August 2014

Innovation in Financial Services

Archive for: February, 2010
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New York under zero: some thoughts on the Engage! Expo

23 February 2010  |  3172 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 session...

TagsPaymentsRisk & regulation
Bo HaraldZEF and Real Time Economy Program - Esbo

New high quality report from Deutsche Bank

21 February 2010  |  4482 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.

TagsOnline bankingPayments
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a non-active Finextra member

Fraud detection and UE: why are Millennials slower?

14 February 2010  |  3102 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 - Esbo

Have banks given up?

13 February 2010  |  3948 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...

TagsOnline bankingPayments
Upendra NamburiGE Money - Gurgaon

Mobile Payments Redefined - The Indian Flavour

12 February 2010  |  4038 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 mobi...

TagsPayments
Uri RivnerBioCatch - Tel Aviv

Finger Pointing in Commercial Banking

11 February 2010  |  4515 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 s...

TagsSecurityOnline banking
a non-active Finextra member

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

10 February 2010  |  2514 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 fi...

TagsPaymentsRisk & regulation
Uri RivnerBioCatch - Tel Aviv

Have you lost your Carbon?

07 February 2010  |  2965 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 someth...

TagsSecurityOnline banking
Bo HaraldZEF and Real Time Economy Program - Esbo

Cutting administrative costs in half

07 February 2010  |  2518 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...

TagsOnline bankingPayments
Dean ProcterTransinteract - Sydney

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

06 February 2010  |  3089 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...

TagsCardsPayments
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