24 April 2014

Innovation in Financial Services

Archive for: September, 2009
Bo HaraldZEF and Real Time Economy Program - Esbo

e-banking in the old days...

30 September 2009  |  5062 views  |  2  |  Recommends 0

In the old days - especially in the 80s before Internet - e-banking was seen as a supplementary channel - in addition to branches and contact centres. Today it is the main channel for almost all services - both for the customer in his private role and in employee roles of so called corporate customers. All banks have not yet adjusted their strate...

TagsOnline bankingPayments
John CantMPI Europe Ltd - London

The hidden cost of delay

25 September 2009  |  3119 views  |  0  |  Recommends 0

For most financial sector decision makers, the challenging market conditions of the past year or so - despite any recent positive portents that countries are exiting recession - have promoted a natural prudence or caution when it comes to initiating change or projects. It is tempting for them to delay an explicit project cost, or to introduce an ...

TagsPost-trade & opsWholesale banking
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Rajeev NairAccenture - Bangalore

CASE - Auricles and Ventricles of Payments

25 September 2009  |  3988 views  |  0  |  Recommends 0

KPMG's report - insights to global payments titled "The beating heart of Banking" indicates reversal of priorities on payments agenda, which points to opportunities and threats faced by the ...

TagsPaymentsPost-trade & ops
Bo HaraldZEF and Real Time Economy Program - Esbo

Real action by Stoiber

22 September 2009  |  2579 views  |  0  |  Recommends 0

If you can lower the treshold to e-invoicing - as suggested below (emphasis mine) - you can automate accounting, public sector reporting, further the single market and much more. Then EU and member st...

TagsOnline bankingPayments
Bo HaraldZEF and Real Time Economy Program - Esbo

Widening Adoption Gap

20 September 2009  |  3058 views  |  0  |  Recommends 0

Technology is not the narrow sector - it is amply on offer - and the costs are going from low to lower. Technology enables "anything" and in most cases the utility is evident. The adoption g...

TagsOnline bankingPayments
Bo HaraldZEF and Real Time Economy Program - Esbo

Four Economics

19 September 2009  |  2615 views  |  0  |  Recommends 1

Banks should move up the order-to-payment value chain from payments and down the payment-to-accounting value chain - before invaders move down or up into the payment business. The reasons are fundamen...

TagsOnline bankingPayments
Bo HaraldZEF and Real Time Economy Program - Esbo

Happy Confluence !

18 September 2009  |  2181 views  |  0  |  Recommends 0

As we heard from Stig Korsgaard at SIBOS there a rather unique happy confluence has been arrived at as: 1. The EC Expert Group on e-Invoicing turned to UNCEFACT to get a global e-invoicing standard...

TagsOnline bankingPayments
Uri RivnerBioCatch - Tel Aviv

RSA Spots a New 'Chat in the Middle' Attack!

17 September 2009  |  3938 views  |  0  |  Recommends 0

Just when you think you’ve seen it all, cyber criminals come up with some jaw dropping social engineering trick that demonstrates their ability to innovate and adapt. RSA FraudAction Lab discovered a...

TagsSecurityOnline banking
Colin DaySunGard - London

A brave new World?

15 September 2009  |  2282 views  |  0  |  Recommends 2

As dawn broke on the second day of Sibos, delegates across Hong Kong woke up confused. Was Hong Kong being battered by a force 8 typhoon, or not? Conflicting emails and stories flew around the city – ...

TagsSibos
Elton CaneIndependent - Brisbane

Swift does Dragon's Den with Innotribe

14 September 2009  |  4864 views  |  0  |  Recommends 0

Swift's new Innotribe section of the Sibos agenda has evolved into an interesting experiment in collaboration and potentially commercialisation. Presentations at the opening sessions at the SibosLa...

TagsSibos
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