26 September 2017

Innovation in Financial Services

A Finextra Community Group

1,390Posts 6,795,259Views 1,700Comments
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Anthony  Walton
Anthony WaltonIliad Solutions - Leeds

IT spend at EU banks set to increase

03 August 2017  |  6653 views  |  0 comments | recommendations Recommends 0

But can they successfully innovate? According to a recent news article on Finextra, 62% of European financial institutions expect to increase spending on payments technology throughout 2017. This maj...

TagsPaymentsInnovationOpen APIs
Chris Brown
Chris BrownTrusek - Amersham

Does PSD2 have to be complicated?

28 July 2017  |  1573 views  |  0 comments | recommendations Recommends 0

There has been a huge amount written about PSD2 recently and much of it appears to be, with the greatest respect, over complicating the issue. Very fundamentally, to provide for all of the requireme...

TagsPaymentsInnovation
Stacey Small
Stacey SmallThe Glue.com - London

Is Apple about to take a bite out of the retail banking industry?

28 July 2017  |  9215 views  |  2 comments | recommendations Recommends 0

At the latest Apple Worldwide Developer Conference (WWDC) in San Jose, June 17 2017, Apple confirmed the rumours that they will create their own payments service which will be linked with Apple’s mobi...

TagsRetail bankingInnovation
Bill Safran
Bill SafranVizolution - London

Banking on frictionless customer journeys

26 July 2017  |  5757 views  |  0 comments | recommendations Recommends 0

In 2014, the “age of the customer” was born as a phrase and remained largely abstract. But fast forward just a few years and in 2017, it is the holy grail for businesses – especially banks. We have no...

TagsRetail banking
Milos Dunjic
Milos DunjicTD Bank Group - Toronto

W3C Web Payment Standardization As A Potential 3D Secure Killer?

23 July 2017  |  5547 views  |  4 comments | recommendations Recommends 1

The 3D Secure 1.0 framework was originally introduced to address lack of consumer authentication in legacy online environments, mainly in cases where online merchant and consumer were not engaged in f...

TagsPaymentsInnovation
Chris Brown
Chris BrownTrusek - Amersham

An upgrade for Credit Unions and Community Banks?

21 July 2017  |  6083 views  |  0 comments | recommendations Recommends 0

Credit unions have been a hot topic for me this week. I have had two completely independent conversations with people about them. On Tuesday night I met a chap from the US at an investor summit who me...

TagsRetail bankingInnovation
Karen Wheeler
Karen WheelerAffinion - London

Banking in turbulent times: why keeping customers loyal is more important than ever

19 July 2017  |  6587 views  |  0 comments | recommendations Recommends 0

The financial services industry is going through an almost unprecedented period of change. Whether political, regulatory, societal and technological, a range of forces have been at work to shift the l...

TagsRisk & regulationRetail banking
Ron Wellman
Ron WellmanPegasystems - Cambridge

Have banks solved their sales culture and shell account issue?

10 July 2017  |  5957 views  |  0 comments | recommendations Recommends 0

Well, the short answer is some are making deep organizational changes with their sales culture, and others are only getting started. Recently, I met with a number of banking customers for pre- and po...

TagsRetail bankingInnovation
Chris Brown
Chris BrownTrusek - Amersham

What will replace the card schemes?

07 July 2017  |  12266 views  |  5 comments | recommendations Recommends 3

There has been much talk recently about how card payments will replace cash altogether in the future. I have talked previously about my opinion that the card schemes (Visa, MasterCard, Amex etc)

TagsCardsPayments
Milos Dunjic
Milos DunjicTD Bank Group - Toronto

Chequing Bank Account In The Age Of Digital Banking?

01 July 2017  |  7264 views  |  0 comments | recommendations Recommends 0

There was time when people used cheques, and used them a lot. Cheques once accounted for 86 percent of all non-cash payments, and were the hot new payment technology. After second World War, the Ameri...

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