01 April 2015

Innovation in Financial Services

A Finextra Community Group

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Archive for: May, 2012
Uri RivnerBioCatch - Tel Aviv

Eternal Flame: A super-grade cyber weapon

30 May 2012  |  3623 views  |  0  |  Recommends 0

The Eternal Flame is something you’ll probably recognize as the ever burning fire in ancient Greece; but in fact it has deeper roots in the Middle East. The first records of such custom are, interestingly enough, set in ancient Iran and Israel. The security industry’s skies are now alight with Flame, the latest discovery in the chain of super-grad...

TagsSecurityOnline banking
Bo HaraldZEF and Real Time Economy Program - Esbo

Snippets from payments report - Finland

29 May 2012  |  2573 views  |  0  |  Recommends 0

Some figures - please compare notes from your countries - 90% of the population use Internet (but only 57% in the 65+ age cathegory - 81% do the bill payments in e-banks (98% in the 20-39y), 8% direct debit (which is merging into e-invoicing), 4% by sending paper invoices to banks for payment (18% of the 65+), 2% in branches and 2% still us...

TagsOnline bankingPayments
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Nick OgdenNovmo.com - Jersey

Are banks truly supporting UK businesses?

28 May 2012  |  2281 views  |  1  |  Recommends 0

There is certainly a lot of focus in the UK on small businesses at the moment. Given the massive potential for small businesses to plug the hole in the UK economy, it is unsurprising that the failure...

TagsRetail banking
Pat CarrollValidSoft - London

Securing faster payments

24 May 2012  |  3027 views  |  0  |  Recommends 0

The world is moving faster − the payments world that is. The smartphone has revolutionised the way we live, the way we pay for things and the way we bank. The payments and banking industry has stepped...

Uri RivnerBioCatch - Tel Aviv

A clear message to Beijing

23 May 2012  |  3352 views  |  2  |  Recommends 0

I was waiting at the British Airways lounge for my connection flight when my eyes caught the cover of a BusinessWeek magazine. “Hey China”, it said, “Stop Stealing Our Stuff!” In the last 2 years the...

TagsSecurityOnline banking
Bo HaraldZEF and Real Time Economy Program - Esbo

The biggest change ever

13 May 2012  |  2930 views  |  0  |  Recommends 0

We have been running a Real Time Economy program in Finland since 2006 and it has become very clear that the elements created (from plan, concept to ready) will create the biggest change ever in busin...

TagsOnline bankingPayments
Bo HaraldZEF and Real Time Economy Program - Esbo

100pct automation - 2002-2011

10 May 2012  |  3014 views  |  0  |  Recommends 0

It takes time - starting early helps.

TagsOnline bankingPayments
Bo HaraldZEF and Real Time Economy Program - Esbo

By now 100pct SEPA

10 May 2012  |  2949 views  |  1  |  Recommends 0

SEPA is a big step towards a true single market and a ready docking station for ISO200022 e-invoices and from there full automation of business processes and real time finance. Lots of work to do - bu...

TagsOnline bankingPayments
Brett KingMoven - New York

NextBankAsia - Challenging the Status Quo

09 May 2012  |  3295 views  |  0  |  Recommends 0

Today in Singapore we've had a gathering of a collection of real innovators and disruptors in the financial services and customer experience space. The line up at#NextBankAsia was a bunch of strong in...

TagsCardsRetail banking
Bo HaraldZEF and Real Time Economy Program - Esbo

Demise of cash 2011

08 May 2012  |  2637 views  |  1  |  Recommends 0

Cash is as we know expensive, risky, unhygenic, environment-unfriendly and an open invitation to crime, fraud, black and grey economy. Cash handling costs merchants in EU 50 billion a year. Are the co...

TagsOnline bankingPayments
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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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