31 July 2016

Innovation in Financial Services

A Finextra Community Group

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Archive for: February, 2012
Vishwanath ThanalapattiRisk Management Professional - Toronto, Canada

The end of the road for internet banking

29 February 2012  |  3300 views  |  0 comments | recommendations Recommends 0

There is an ongoing debate if bank branches will survive. Yes they will! Branches will survive in response to customers’ expectation and experience. The classic bank model will be more expensive for customers to transact though; perhaps 5 free visits and the 6th will cost. The crystal ball shows the days of internet banking are numbered. The death...

TagsMobile & online
Jim MarousThe Financial Brand - Cleveland

Bank Rewards Programs Benefiting from 'Loyalty Trifecta'

29 February 2012  |  8144 views  |  1 comments | recommendations Recommends 0

In a new regulatory environment, banks are faced with changing the foundation of rewards programs that were previously funded by interchange income from credit and debit cards. With debit interchange funding gone, FIs still need to continue to find ways to improve bank loyalty and drive the desired card behavior. In addition, banks need to leverag...

TagsPaymentsRetail banking
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Retired Member
a non-active Finextra member

Let's Get Physical

27 February 2012  |  4090 views  |  0 comments | recommendations Recommends 0

Visiting some places can give you the unique feeling of taking a step back in time. The grand architecture and artistry of Rome allows any visitor to immediately immerse themselves in the most powerf...

TagsRetail banking
Retired Member
a non-active Finextra member

Vista Equity Partners also wants Misys

23 February 2012  |  3926 views  |  0 comments | recommendations Recommends 0

According to Financial Times, Vista Equity Partners, a private equity firm focused on investing in software and technology-enabled businesses based in USA, has launched a rival £1.2bn offer for Misys...

TagsWholesale bankingWholesale banking
Brett King
Brett KingMoven - New York

Mobile Banking versus the Mobile Wallet

23 February 2012  |  7716 views  |  1 comments | recommendations Recommends 0

With recent news that Barclays Pin-git (or is it Ping-it) has had 120,000 downloads in 5 days, that Square has 1m merchants on their payments platform (1/8th of all US card merchants/retailers) and S...

TagsMobile & onlinePayments
Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

Innovation leaps and bounds in banking

22 February 2012  |  3739 views  |  0 comments | recommendations Recommends 0

E-banking is one of the biggest innovations in banking - worth reflecting on from time to time. So what was our WHY when we launched corporate e-banking in 1979? Mostly a question of speeding up payme...

TagsPayments
Pat Carroll
Pat CarrollValidSoft - London

Improving Google Wallet's security

21 February 2012  |  3581 views  |  1 comments | recommendations Recommends 0

Two security flaws in the Google Wallet have been revealed in the last few days, highlighting the vulnerability of this technology. First zvelo showed how your Google Wallet PIN could be hacked using...

TagsSecurityPayments
Retired Member
a non-active Finextra member

Why Financial Services outsourcing is the future

17 February 2012  |  9468 views  |  0 comments | recommendations Recommends 0

The world of Financial Services is at a serious crossroads. Whilst many in the Finance profession sniggered at the recent motivations and methods of the worldwide “Occupy Wall Street” movement – a de...

Tags
Brett King
Brett KingMoven - New York

Fear not the social media crowd

15 February 2012  |  4376 views  |  3 comments | recommendations Recommends 1

Well, I see the Facebook/Twitter hysteria is at fever pitch again. There's the concern around market events like the fake Sina Weibo post stating that Kim Jong Un had been assasinated, apparently cor...

TagsRisk & regulation
Retired Member
a non-active Finextra member

An Inconsistent Truth

14 February 2012  |  5009 views  |  1 comments | recommendations Recommends 1

During a recent review of Mobile banking apps, it became apparent to me that most services have failed to utilise the full potential of mobile devices. Most banks have designed their Mobile banking ...

TagsMobile & online
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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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