20 December 2014

Innovation in Financial Services

A Finextra Community Group

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Archive for: February, 2012
Vishwanath ThanalapattiRisk Management Professional - Toronto, Canada

The end of the road for internet banking

29 February 2012  |  3106 views  |  0  |  Recommends 0

There is an ongoing debate if bank branches will survive. Yes they will! Branches will survive in response to customers’ expectation and experience. The classic bank model will be more expensive for customers to transact though; perhaps 5 free visits and the 6th will cost. The crystal ball shows the days of internet banking are numbered. The death...

TagsOnline bankingMobile & online
Jim MarousThe Financial Brand - Cleveland

Bank Rewards Programs Benefiting from 'Loyalty Trifecta'

29 February 2012  |  6998 views  |  1  |  Recommends 0

In a new regulatory environment, banks are faced with changing the foundation of rewards programs that were previously funded by interchange income from credit and debit cards. With debit interchange funding gone, FIs still need to continue to find ways to improve bank loyalty and drive the desired card behavior. In addition, banks need to leverag...

TagsPaymentsRetail banking
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Michael NuciforoKeatan - London

Let's Get Physical

27 February 2012  |  3921 views  |  0  |  Recommends 0

Visiting some places can give you the unique feeling of taking a step back in time. The grand architecture and artistry of Rome allows any visitor to immediately immerse themselves in the most powerf...

TagsOnline bankingRetail banking
Jorge YuiBankArchitects - Geneva

Vista Equity Partners also wants Misys

23 February 2012  |  3735 views  |  0  |  Recommends 0

According to Financial Times, Vista Equity Partners, a private equity firm focused on investing in software and technology-enabled businesses based in USA, has launched a rival £1.2bn offer for Misys...

TagsWholesale bankingWholesale banking
Brett KingMoven - New York

Mobile Banking versus the Mobile Wallet

23 February 2012  |  7208 views  |  1  |  Recommends 0

With recent news that Barclays Pin-git (or is it Ping-it) has had 120,000 downloads in 5 days, that Square has 1m merchants on their payments platform (1/8th of all US card merchants/retailers) and S...

TagsMobile & onlinePayments
Bo HaraldZEF and Real Time Economy Program - Esbo

Innovation leaps and bounds in banking

22 February 2012  |  3481 views  |  0  |  Recommends 0

E-banking is one of the biggest innovations in banking - worth reflecting on from time to time. So what was our WHY when we launched corporate e-banking in 1979? Mostly a question of speeding up payme...

TagsOnline bankingPayments
Pat CarrollValidSoft - London

Improving Google Wallet's security

21 February 2012  |  3375 views  |  1  |  Recommends 0

Two security flaws in the Google Wallet have been revealed in the last few days, highlighting the vulnerability of this technology. First zvelo showed how your Google Wallet PIN could be hacked using...

TagsSecurityPayments
John Persicowww.Modeloff.com - Melbourne

Why Financial Services outsourcing is the future

17 February 2012  |  8320 views  |  0  |  Recommends 0

The world of Financial Services is at a serious crossroads. Whilst many in the Finance profession sniggered at the recent motivations and methods of the worldwide “Occupy Wall Street” movement – a de...

TagsDealing roomsOnline banking
Brett KingMoven - New York

Fear not the social media crowd

15 February 2012  |  4188 views  |  3  |  Recommends 1

Well, I see the Facebook/Twitter hysteria is at fever pitch again. There's the concern around market events like the fake Sina Weibo post stating that Kim Jong Un had been assasinated, apparently cor...

TagsOnline bankingRisk & regulation
Michael NuciforoKeatan - London

An Inconsistent Truth

14 February 2012  |  4761 views  |  1  |  Recommends 1

During a recent review of Mobile banking apps, it became apparent to me that most services have failed to utilise the full potential of mobile devices. Most banks have designed their Mobile banking ...

TagsOnline bankingMobile & online
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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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