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Innovation in Financial Services

Archive for: April, 2012

Tim Tyler - Misys - London | 30/04/2012 | 1810 views | 3 comments

Man The Pumps?

I have just read an article on the Economist linked to by Finextra: "The bank of SMS" - talking about mobile banking across Africa.Even more interesting than the article were the comments, of which one leapt out at me more than others. It was criticising the investment being made in mobile banking, when there should be so many other priorities: "Y... Tags: Payments, Retail banking

Pat Carroll - ValidSoft - London | 30/04/2012 | 3894 views

Casting a vote in the race towards American mobile payments

The 57th presidential election might be one of the most talked about contests in the U.S. this year, but if you really want to see some action it’s the U.S. payments space where your attention needs to be. The way things have been shaping up over the last few months, by the time the next president knocks on the door of the White House, there ... Tags: Security, Payments

Tim Tyler - Misys - London | 27/04/2012 | 2508 views

The flaws of common ID?

I too would prefer to have a single common method of identifying myself online: a single common avatar that I use across all sites, with a single common (complex and strong) method of authenticating myself. But as the editor of a UK technology magazine has just discovered (@bazzacollins), illicit access through that common identifier can have wide... Tags: Cards, Online banking

Michael Nuciforo - Keatan - London | 24/04/2012 | 3351 views | 1 comment

Same crap, different smell

Before I start this piece I need to be completely honest with you. I despise bank loyalty programmes. Has anyone noticed that they all look the same? Most banks have completely missed the point as they reward the wrong customers for the wrong behaviours. They treat ‘loyalty’ programmes as a marketing campaign to encourage customers ... Tags: Cards, Retail banking

Nick Ogden - Voice Commerce Group - London | 24/04/2012 | 3085 views | 1 comment

Banking innovation and the customer

Banking is not a world often associated with innovation. If anything, banking customers have previously sought out stable and conservative banks – the ones that you can trust with your money. Furthermore, few question their banking loyalties, happily sticking with their long-trusted bank, regardless of offers and products elsewhere. Accoun... Tags: Online banking, Mobile & online