21 December 2014

Innovation in Financial Services

A Finextra Community Group

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Archive for: August, 2011
Mike KresseSunGard - Parsippany

The End of Paper Checks? Clues from Across the Pond

31 August 2011  |  3687 views  |  2  |  Recommends 1

People often ask me, “Hey Mike, when do you think checks will disappear as a form of payment?” This is a good question; not just because companies like mine are focused on helping other companies Leave the Check Behind, but because checks are costly; they consume natural resources; they are subject to fraud; and they are the most inefficient form o...

TagsCardsPayments
Michael BosaccoSunGard - Philadelphia

The Questions on Every Treasurer's Mind

31 August 2011  |  2984 views  |  1  |  Recommends 0

Every corporate treasurer is undoubtedly faced (on a daily basis) with the following questions: Where in the world is my cash and what currency is it in? Can I mobilize it? Do I invest or borrow? At the end of the day, was I right and how should I protect myself from tomorrow’s risks? Why are these questions on the minds of Treasurers? Because ma...

TagsSecurityRisk & regulation
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Pat CarrollValidSoft - London

Putting security at the centre of customer service

31 August 2011  |  3662 views  |  0  |  Recommends 0

On September 12 the UK’s Independent Commission on Banking (ICB) is due to make its final report. Most observers expect the Commission to recommend a much bigger differentiation between commercial/ret...

TagsSecurityRetail banking
Bo HaraldZEF and Real Time Economy Program - Esbo

Typical - especially in banks?

26 August 2011  |  3377 views  |  0  |  Recommends 0

There is a lot of evidence that hunch is the best guide to good business. Due to scarce IT-budgets and even scarcer key skills many organizations have resorted to a systematic "business case"...

Brett KingMoven - New York

What Steve Jobs did for... or to Banking?

25 August 2011  |  4856 views  |  1  |  Recommends 0

As the news of Steve Jobs' resignation rocks the world today, it's almost like we're reading his obituary rather than the news that a Fortune 50 CEO has moved on. The impact of Steve's resignation wil...

TagsOnline bankingPayments
Vishwanath ThanalapattiRisk Management Professional - Toronto, Canada

To be fair and square, it must be contact less

19 August 2011  |  5988 views  |  0  |  Recommends 0

I am not impressed by iZettle. Please hear me out. The concept of contact based card reader devices is nothing new. We see it all day. It so ubiquitous, that we don’t notice it at all; Let alone recog...

TagsMobile & onlinePayments
Pat CarrollValidSoft - London

Time for the EU to step up on data security

19 August 2011  |  3686 views  |  0  |  Recommends 0

European data privacy laws are arguably the most stringent in the world. That should be great news for companies that meet them when those companies come to offer their services around the world. An

TagsCardsSecurity
Brett KingMoven - New York

Industrial Disruption - Pirates, TV, Bookstores, Branches...

17 August 2011  |  3999 views  |  0  |  Recommends 0

There's been a great deal of discussion lately about the impact of technology on traditional businesses such as bookstores, media, TV, newspapers and even on banking. We think we understand the impact...

TagsOnline bankingRetail banking
Andrew FearBluefish Communications AG - Dusseldorf

How to Ensure a Disastrous Core Banking Project

17 August 2011  |  5702 views  |  3  |  Recommends 0

The emphasis is shifting from finding the system that precisely matches requirements to delivery capability - finding a core system that can be implemented with the minimum of trauma. Experienced core...

TagsOnline bankingRetail banking
Brett KingMoven - New York

Branch Today, Gone Tomorrow - The Conclusion

11 August 2011  |  6148 views  |  2  |  Recommends 0

The Total Disruption of Retail Banking - The Conclusion As we detach ourselves from physical artifacts associated with traditional businesses, traditional distribution models rapidly fail. The fact th...

TagsMobile & onlineRetail banking
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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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