28 October 2016

Innovation in Financial Services

A Finextra Community Group

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Archive for: March, 2010
Rajeev NairAccenture - Bangalore

Payments Dynamics - Velocity vs Pressure

29 March 2010  |  5195 views  |  0 comments | recommendations Recommends 0

Fluid Dynamics has a lesson for Payments Industry. When fluid velocity increases, fluid pressure decreases. This scientific principle - Bernoulli Prinicple - is foundational in Fluid Dynamics which lead to inventions and applications in later phases. Since funds can flow, it is fluid. So Fluid Dynamics principles are equally applicable for Paymen

TagsPaymentsRisk & regulation
a non-active Finextra member

What is the branch for? Mortgage?

24 March 2010  |  4829 views  |  1 comments | recommendations Recommends 0

Listening to people from different parts of Europe, everybody claims that banking went online, and the role of branches significantly decreased. In my example, the last times i visited a branch of my bank was when i opened my account and when i applied for a mortgage loan. For every other reason i use online and mobile banking, and of course ATMs ...

TagsRetail banking
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Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

einfach, effizient, sicher..

22 March 2010  |  2964 views  |  0 comments | recommendations Recommends 0

Elektronische Rechnungsabwicklung – einfach, effizient, sicher Thorough report for the most important market - with a 54bn€ savings potential according to Deutsche Bank Research. http://www.ecommerc...

Stanley Epstein
Stanley EpsteinCitadel Advantage Ltd - Modiin

It is more about ethics than policing

19 March 2010  |  3528 views  |  1 comments | recommendations Recommends 0

So the FSA is going to beef up on its staff in the oversight of the banks. As I see it, this approached is doomed before it even starts. The regulator, whether it is the FSA or any other, cannot match...

Uri Rivner
Uri RivnerBioCatch - Tel Aviv


18 March 2010  |  3936 views  |  0 comments | recommendations Recommends 0

Last week was recovery from RSA Conference, which was awesome. Cybercrime and Cloud were the main two themes, and I provided my Dark Cloud: Cybercriminals get Corporate Aware talk which draws upon bot...

Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

e-Invoicing leap in Russia

16 March 2010  |  4183 views  |  0 comments | recommendations Recommends 0

“Future of E-Invoicing in Russia” took place in Moscow recently. The following was reported: “· Necessary legal aspects must be prepared for e-Invoicing during the first half of 2010 (Russian governme...

Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

SWIFT - new dimensions in supply chain services

14 March 2010  |  3490 views  |  0 comments | recommendations Recommends 0

SWIFT magazine painting a wider picture. Only a question of time before TSU and e-invoicing services find each others. It is plain to see that a payment guarantee following on approval of an invoice c...

Nick Ogden
Nick OgdenC B Infrastructure Limited - London

UK fraud stats: better but still some way to go

11 March 2010  |  4046 views  |  0 comments | recommendations Recommends 0

The latest stats on UK fraud from the UK Cards Association provide some interesting food for thought and it is of course excellent to see that UK credit and debit card fraud fell by 28 percent in 2009...

Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

All Finnish enterprises signed up for e-invoicing?

11 March 2010  |  2957 views  |  0 comments | recommendations Recommends 0

Statistics from the banking sector reveals that 129 000 enterprises were signed up last year. Adding a couple of additional months of brisk selling – and those signed up by a good number of non-bank s...

Bo Harald
Bo HaraldZEF and Real Time Economy Program - Helsinki region

Automating away a 1 billion cost in Finland?

04 March 2010  |  3514 views  |  0 comments | recommendations Recommends 0

The ministry of Employment and the Economy has published an extensive study on cost of administrative burden. Some quotes (my emphasis): "The aim of the study was to chart statutory information ...

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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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