20 July 2017

Innovation in Financial Services

A Finextra Community Group

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Archive for: February, 2010
a non-active Finextra member

New York under zero: some thoughts on the Engage! Expo

23 February 2010  |  3511 views  |  0 comments | recommendations Recommends 0

"If there are any Mattel engineers in the audience, the astronaut Barby's space suit is not crash proof" (loose paraphrasing on Will Wright's keynote) Yep, the keynote was entertaining and Engage brought a lot of vendors to snowy New York's Javits center. The two day event, though a bit low on developers, had a few interesting sessions a...

TagsPaymentsRisk & regulation
Bo HaraldZEF, Transmeri, Real Time Economy Program - Helsinki Region

New high quality report from Deutsche Bank

21 February 2010  |  4781 views  |  0 comments | recommendations Recommends 0

New report (will be translated to English soon) going deeper into the e-invoicing theme http://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/PROD0000000000253980.pdf Deutsche Bank is certainly doing their part - but as the report notes - the network effect is needed - and that means all banks - just like payments.

TagsPayments
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Retired Member
a non-active Finextra member

Fraud detection and UE: why are Millennials slower?

14 February 2010  |  3478 views  |  0 comments | recommendations Recommends 0

A scientist was conducting an experiment with a fly. He pulled off one of its legs and set it down to see if it could fly. Conclusion: a fly without one leg can still fly. He pared off a second leg an...

TagsPaymentsRisk & regulation
Bo Harald
Bo HaraldZEF, Transmeri, Real Time Economy Program - Helsinki Region

Have banks given up?

13 February 2010  |  4204 views  |  1 comments | recommendations Recommends 0

Have banks given up trying to be good citizens? Sometimes you get that feeling - and also understanding that the avalanche of generalizing populistic condemning can lead to a give-up feeling even in t...

TagsPayments
Retired Member
a non-active Finextra member

Mobile Payments Redefined - The Indian Flavour

12 February 2010  |  4390 views  |  0 comments | recommendations Recommends 0

Purchasing an airline ticket with Rs. 30 in the wallet at 2 am in the midst of a trekking expedition, considered nigh impossible till a few years back is now a distinct reality made possible by mobil

TagsPayments
Uri Rivner
Uri RivnerBioCatch - Tel Aviv

Finger Pointing in Commercial Banking

11 February 2010  |  4862 views  |  9 comments | recommendations Recommends 0

Hey, that’s a first. A bank sues a customer over losing money to fraud. It used to be the other way around. Online banking fraud got to executive level attention when in 2005 Bank of America was sued...

TagsSecurity
Retired Member
a non-active Finextra member

The Next Big Thing - and what is it takes to be that thing

10 February 2010  |  2962 views  |  1 comments | recommendations Recommends 0

When something happens for the first time - it's avantgarde. If you see it twice - it's original. On the third time - it's plagiarism. On the fourth - it's pastiche. But when it happens for the fifth ...

TagsPaymentsRisk & regulation
Uri Rivner
Uri RivnerBioCatch - Tel Aviv

Have you lost your Carbon?

07 February 2010  |  3371 views  |  0 comments | recommendations Recommends 0

Butch Cassidy: You know, when I was a kid, I always thought I'd grow up to be a hero. Sundance Kid: Well, it's too late now. Butch Cassidy: What'd you say that for? You didn't have to say something ...

TagsSecurity
Bo Harald
Bo HaraldZEF, Transmeri, Real Time Economy Program - Helsinki Region

Cutting administrative costs in half

07 February 2010  |  2892 views  |  0 comments | recommendations Recommends 0

Innovations always take time. Also in the case of e-invoicing. A few observations: - e-banking took time - and typically some actors lost faith (did not jump on the bandwagon or went passive) halfway ...

TagsPayments
Dean Procter
Dean ProcterTransinteract - Sydney

Mobile - First you'll get one - then...

06 February 2010  |  3393 views  |  5 comments | recommendations Recommends 1

By 2014, mobile and Internet technology will help over 3 billion of the world's adults to electronically transact. Emerging economies will see increase in mobile and Internet adoption through 2014. Wo...

TagsCardsPayments
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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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