27 October 2016

Innovation in Financial Services

A Finextra Community Group

1,288Posts 5,529,867Views 1,629Comments

Latest blog posts

Brett KingMoven - New York

The day I realized Fintech was becoming just the same as everything else

25 October 2016  |  6897 views  |  2 comments | recommendations Recommends 0

I've been in Fintech since before we called it Fintech. Some would say that Fintech has been around for decades, as soon as Bank of America deployed ERMA (Electronic Recording Method of Accounting) in the 1950s, but even though the term was commonplace by 2009 amongst practitioners, the term Fintech got very little industry use until 2013, and the...

TagsInnovationStart ups
Richard CarterNostrum Group - Harrogate

Why are we more interested in how many steps we take rather than our credit score?

24 October 2016  |  3855 views  |  2 comments | recommendations Recommends 0

We live in a world where an ever growing amount of us have Fitbits, Jawbones and other tracking devices that are increasingly measuring and comparing our physical performance. We know how many steps we take, how many calories we’ve consumed (and expended), what our sleep patterns have been and, of course, how much we weigh. This rise of the quan

TagsRetail bankingFinancial inclusion
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Paul Lashmet
Paul LashmetNorth Castle Integration LLC - Armonk

Artificial Ignorance - Not Normal Is an Opportunity

19 October 2016  |  3959 views  |  0 comments | recommendations Recommends 0

‘Artificial Ignorance’ may sound like a parody that expresses a blissful retreat from the hype and fears of Artificial Intelligence. But it is not. In this case, ignorance is the act of ignoring unimp...

TagsRisk & regulationInnovation
Vinod Sharma
Vinod SharmaEconet Wireless Zimbabwe - Harare

Will Banks ever be successful in Mobile Payments or Mobile Financial Services

19 October 2016  |  4168 views  |  0 comments | recommendations Recommends 2

Abstract – This article is only meant for discussion and healthy arguments, its not a conclusion by any means this is just an assumption and current picture focused on African & few other markets....

TagsMobile & onlineInnovation
Graham Seel
Graham SeelBankTech Consulting - Concord

OK We Need to Innovate. But Where Do We Start?

17 October 2016  |  3887 views  |  0 comments | recommendations Recommends 0

Community banks need to innovate. Most of us accept that. Too much is changing around us, too many other players are jumping on our turf. Regulators seem out to strangle us. And customers demand more...

TagsRetail bankingInnovation
Vinod Sharma
Vinod SharmaEconet Wireless Zimbabwe - Harare

NFC FinTech Banking Technology and Speed

17 October 2016  |  6145 views  |  1 comments | recommendations Recommends 0

NFC – FinTech, Banking, Technology and Speed. Abstract – African financial services industry is in the midst of extraordinary change more and more of the population is becoming part of the formal fi...

Veejay Jadhaw
Veejay JadhawSAP, Global Financial Services - New York

How to Radically Transform Payments Operations through Digitization

13 October 2016  |  3151 views  |  0 comments | recommendations Recommends 0

If you look at major banks across the world today, you'll find that most banks have set up innovation arms that are now working at the frontier of digital technology's potential in banking. Five years...

Graham Seel
Graham SeelBankTech Consulting - Concord

Models Are Essential for Banks, but How Do We Know They’re Right?

13 October 2016  |  3462 views  |  0 comments | recommendations Recommends 0

Banks are dependent upon models of all kinds. This is because reality is much too complex for us to understand well enough for perfect predictions of the future. Models are used as a simplification of...

TagsRisk & regulationInnovation
Alex Kreger
Alex KregerUX Design Agency - Riga

Three Banking User Experience Mistakes You Have To Avoid

28 September 2016  |  3612 views  |  0 comments | recommendations Recommends 0

I found 3 key findings in Capgemini and Efma annual Retail Banking Report 2016 about banking customer experience, which I want to share with you. 1. Banks are focused on older customers leaving Gen...

TagsMobile & onlineRetail banking
Andy Peart
Andy PeartArtificial Solutions - Newbury

Conversation - the traditional medium that will transform your digital business

28 September 2016  |  2166 views  |  0 comments | recommendations Recommends 0

Most banks have dabbled with natural language in some form. A simple virtual assistant on a website or a mobile app that allows basic voice commands, but these are just point solutions to specific pro...

TagsRetail bankingInnovation
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About this group join  Join us

Founded by Elton Cane
Date 12 Nov 2007
Group profile
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
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Vinod Sharma
Vinod Sharma

Currently holds senior role in a MNO in...

Graham Seel
Graham Seel

Consultant to Fintech firms selling to,...

Brett King
Brett King

Brett King is an Amazon bestselling auth...

Paul Lashmet
Paul Lashmet

Paul Lashmet is a business integration a...

Richard Carter
Richard Carter

Chief Executive of Nostrum, a provider o...

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