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Innovation in Financial Services

Archive for: November, 2011

Bo Harald - ZEF Solutions - Esbo | 27/11/2011 | 3230 views

The original invoice ghost

The EC Expert Group on e-Invoicing - and especially its corporate members worked hard on eliminating mandatory digital signatures. DG Taxud took the clear stand that paper-, e-mail and electronic invoices should be equally treated from the VAT-point of view. Still there are discussions that disregard this major simplification achievement - even if... Tags: Online banking, Payments

Pat Carroll - ValidSoft - London | 24/11/2011 | 3061 views

Interest in data theft goes mainstream

It’s not every day that you see banking security reported in a tabloid read by 2.7 million people across the UK, but The Sun’s interest in data theft highlights just how mainstream the topic has become. We are just a month from Christmas, and one of the most popular presents of the festive season, Microsoft’s X Box LIVE, has been... Tags: Security, Online banking

Brett King - Movenbank - New York | 23/11/2011 | 3939 views

A Dictator or Retail Bank. Which is Easier to Save?

Bankers often talk about the 'trust' consumers have in banking as a defining characteristic of why customers give banks their money instead of simply keeping it under a mattress. Some bankers might have difficulty understanding why customers of today seem perfectly happy to give money to the likes of PayPal, M-PESA, Lending Club or Zopa. The fact t... Tags: Risk & regulation, Retail banking

John Persico - Vumero.com - Melbourne | 20/11/2011 | 3500 views

Finance leaders: Looking to Generation Z and Education

Looking Back 100 years At a recent presentation at a Global Creative Innovation Conference, the audience was challenged to identify three (3) industries that had barely changed systematically over the past 100 years. The resulting list: 1. Religion 2. Education 3. Professional Services Understandably, few would argue that churches, temples a... Tags: Online banking, Risk & regulation

Pat Carroll - ValidSoft - London | 18/11/2011 | 3277 views

Isis 1 year on: don't forget security on NFC payments

Happy birthday, Isis! This week sees the one-year anniversary of the initial launch of Isis, the US joint venture formed by AT&T, T-Mobile and Verizon Wireless to create a national mobile payments network that will allow consumers to use their phones to pay for goods at the point-of-sale using NFC technology. The opportunity for NFC take-up i... Tags: Security, Mobile & online