23 May 2017

Innovation in Financial Services

A Finextra Community Group

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Archive for: March, 2012
Pat CarrollValidSoft - London

A Call to Action on cybercrime!

30 March 2012  |  3638 views  |  3 comments | recommendations Recommends 0

Two interesting stats have caught my eye this week: Fraudsters are costing the UK an estimated £73billion a year (National Fraud Authority, NFA) Cybercrime has now become the second most commonly reported economic crime affecting companies in the financial services sector (PWC) While counter-fraud groups such as the NFA’s ‘Fighting Fraud Togeth...

TagsSecurityPayments
Pat CarrollValidSoft - London

Trust is the key!

29 March 2012  |  3662 views  |  0 comments | recommendations Recommends 0

NFC contactless payments, and P2P mobile payments are fast gaining momentum in the payments world. Banks, retailers, network operators, amongst others are all rushing for land grab, rolling out new NFC-enabled cards, mobile wallets and mobile phones for us to use in our daily lives. It’s fantastic that we are embracing this technology, and I truly...

TagsSecurityPayments
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Ross McGill
Ross McGillTConsult Ltd - Yateley

A view from ISITC Boston

26 March 2012  |  3633 views  |  0 comments | recommendations Recommends 0

I have just finished the morning sessions of ISITC in Boston. A great day so far. Lots of concern of expanding regulations, complexity,nchanges from Principles to rules based. All of this makes for th...

TagsRisk & regulationPost-trade & ops
Brett King
Brett KingMoven - New York

Why Durbin will Kill the Branch

26 March 2012  |  4901 views  |  0 comments | recommendations Recommends 0

In the UK and Australia, account keeping fees are nothing new. In the US, however, since the introduction of the Durbin amendment, many US banks have been moving to monthly fees on checking accounts (...

TagsPaymentsRetail banking
Uri Rivner
Uri RivnerBioCatch - Tel Aviv

Mobile: Here There Be Monsters

26 March 2012  |  3502 views  |  1 comments | recommendations Recommends 0

It’s a new, exciting era for Trojan builders. The mobile space in 2012 is a virginal, unchartered territory that attracts the talent and creativity of black hatters and malware writers like moths to a...

TagsSecurity
Retired Member
a non-active Finextra member

Innovation Inside - Email on the Edge

26 March 2012  |  3013 views  |  3 comments | recommendations Recommends 0

Innovation Inside - Email on the Edge The Technology Lever Deloitte’s Center for the Edge recently published the 2011 Shift Index, which confirms an unsettling long term downward trend: publicly trade...

TagsPaymentsPost-trade & ops
Retired Member
a non-active Finextra member

Does PFM implementation have a ROI?

20 March 2012  |  8511 views  |  2 comments | recommendations Recommends 1

Personal Finance Management (PFM) is one of the hottest topics for banks today. Some of the banks are searching for the best vendor while others have already implemented PFM. Several banks are evaluat...

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Brett King
Brett KingMoven - New York

The End Game in Disruption

16 March 2012  |  6992 views  |  0 comments | recommendations Recommends 0

In the Times business section in the UK today, Andrew Haldane, the Financial Stability Director for the Bank of England was quoted as suggesting that we are entering a phase where the banking sector i...

TagsPaymentsRetail banking
Retired Member
a non-active Finextra member

Mysemenos: NO Deal between Temenos and Misys

12 March 2012  |  3419 views  |  0 comments | recommendations Recommends 0

After 5 weeks of extenuating negotiations, with dramatic scenes entries and bumpy price rides on the stock market, the negotiations between Temenos and Misys seem to have come to an end, as it was ann...

TagsWholesale bankingWholesale banking
Brett King
Brett KingMoven - New York

Lessons from Apple - great branches don't get customers back

08 March 2012  |  4186 views  |  1 comments | recommendations Recommends 0

The new iPad just launched to the usual hype, anticipation and fanfare. Every time a new Apple product comes off the assembly line, it gets put under the biggest magnifying glass imaginable as crowds ...

TagsRetail banking
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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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