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Innovation in Financial Services

Archive for: November, 2008

József Nyíri - IND Group - Budapest | 21/11/2008 | 2850 views | 2 comments

Watching the answer of Mercedes to BMW's iDrive, I think the dashboard screen makes a perfect web-browsing interface. And if it is a simple web browser built-in, why not make an online banking clone for this "channel" as well? The challenge is to make use of the dial-like navigation device and how to input numbers with it. I wonder what can be th... Tags: Online banking

Peter J Cooper - Cooper Sydney - Sydney | 21/11/2008 | 3269 views

Fragmentation Index - Congratulations Fidessa

With the introduction of MIFID fragmenting liquidity was inevitable. Keeping a meaningful eye on it in a usable manner however is and will continue to be a challenge. Congratulations to Fidessa for making a start with a reasonable quality fragmentation index. I expect this will be the first of many such services. I predict over time we will also ... Tags: Dealing rooms, Trade execution

Elton Cane - Independent - Brisbane | 19/11/2008 | 2114 views

Will government backers stifle innovation?

Will state involvement in bank ownership stifle innovation at those groups that have taken bail-out money? As banks step back from serving the low end of the economy, which is perceived as too risky, will governments have to step in and offer basic financial products to this sector of the economy?I had an interesting discussion over breakfast at a ... Tags: Retail banking, Wholesale banking

Dean Procter - Transinteract - Sydney | 17/11/2008 | 4743 views | 4 comments

If I Wanted To Be A Bank Could I Have All Girls?

I read Sriram's blog about having a dream - wanting to be a bank. It got me dreaming. If I wanted to be a bank who might I choose to run it? Being a bit of an alternative thinker I thought - who would go the hardest, but do it nicely and with a smile? Well, having a very bright and popular wife, I was reminded that there must be some under-apprec... Tags: Retail banking

Dean Procter - Transinteract - Sydney | 12/11/2008 | 2876 views

No Mobile Transactions, Hello Fee Per Month?

I welcome confirmation of our own conclusions that customers want to use their mobile similarly to ATM usage patterns - primarily for balances. The transaction part they'll have to do without for the moment (with Monitise, until they sort out those stick on NFC thingys?) Fees? I expect there will be some downward pressure on fees from customers w... Tags: Cards, Retail banking