18 December 2014

Innovation in Financial Services

A Finextra Community Group

1,061Posts 4,081,870Views 1,343Comments

Latest blog posts

Archive for: May, 2008
Dean ProcterTransinteract - Sydney

New transaction systems don't require bank consensus

25 May 2008  |  3732 views  |  0  |  Recommends 0

In response to some questions on the Catalyst Code blog I thought I might make a few things clearer here, such why I see a real change coming faster than many may realise. The thrust of the comments was that it would take longer. The reasons proffered are in italics. These comments could probably be applied to most any new e-transaction system...

TagsCardsPayments
Dean ProcterTransinteract - Sydney

Interchange Battle - Superceded by Technology Innovation?

18 May 2008  |  3847 views  |  2  |  Recommends 0

A few minutes in the lab can sometimes change the world. Transactions are going to change. Settlement and interchange will too. I can see how high interchange fees are more likely to encourage competitors in a market dominated by well established brands, and that lower interchange fees could theoretically discourage new entrants considering the inf...

TagsCardsRetail banking
More blog posts
Dean ProcterTransinteract - Sydney

Telly-Teller ATM from IBM or a mobile in your pocket?

15 May 2008  |  3492 views  |  0  |  Recommends 0

I think the telly-teller is a great initiative to cope with unexpected in-branch demand, but if banks misuse it there could be repercussions. I don't want sensory overload from an honour guard of bes...

TagsRetail banking
Dean ProcterTransinteract - Sydney

Bank of Mars announce 'Wally the Robot' valet purchasing

14 May 2008  |  4427 views  |  0  |  Recommends 0

Mars News 2015 Citi read first Due to a total failure of trust in financial instruments, HomoDuoCerebrus Inc, makers of military grade humanoid warrior robot 'Wally the Robot' has teamed up with th...

TagsCards
Dean ProcterTransinteract - Sydney

Advanced Thinking in Action with RIM RBC, Thomson Reuters

13 May 2008  |  2262 views  |  0  |  Recommends 0

When I first saw this announcement on finextra I wondered a moment about a previous blog where I mentioned a letter telling me I'd won an award of a million dollars. I'm sure a few mobile technology d...

Dean ProcterTransinteract - Sydney

Bank of America's heroic decision to blog with customers

10 May 2008  |  2347 views  |  0  |  Recommends 0

I applaud BofA in their bold move into the bloggosphere. I also think that here should be an industry code of conduct for blogging with customers on financial sites, don't cringe - it'll be good for e...

TagsOnline bankingRetail banking
Dean ProcterTransinteract - Sydney

Poor credit card security bites the bank debit market?

05 May 2008  |  3020 views  |  0  |  Recommends 0

Is there irony in this? Maybe it's only a nibble at the moment. There seem to be a lot of pre-paid products coming onto the market being promoted as a safer alternative to credit cards on the internet...

TagsCardsPayments
a non-active Finextra member

Australian banks consider radical payments scheme

05 May 2008  |  4120 views  |  1  |  Recommends 0

Australian financial institutions are considering a radical initiative that could see BPAY codes trump bank account numbers. Codenamed MAMBO (Me and My Bank Online), the top-secret BPAY proposal could...

TagsOnline bankingPayments
Previous 1 Next

About this group join  Join us

Founded by Elton Cane
Date 12 Nov 2007
Group profile
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
 
1,274
Active bloggers
24,673
Members
8,337
Posts
11,667
Comments

Top bloggers: 30 days

Most viewed Engaging
Paul Love

A payments professional, consultant, SME...

Matt White

North America editor

Alexander Peschkoff

I am the co-founder and CEO of TEDIPAY,...

Hitesh Thakkar

Since 1992, Technology expert in buildin...

Who is commenting on Innovation in Financial Services posts

Lu Zurawski
Alexander Peschkoff
Chetan Ghadge
Paul Love
Paul Schaus
Scott Mills
Douglas Hartung
Neil Burton
Melvin Haskins
Brett King
Tony Wenzel
Ketharaman Swaminathan