21 July 2017

Innovation in Financial Services

A Finextra Community Group

1,375Posts 6,536,029Views 1,683Comments

Latest blog posts

Archive for: April, 2011
a non-active Finextra member

Payments Alone May Not Pay the Bills

30 April 2011  |  3945 views  |  1 comments | recommendations Recommends 0

I came across an enterprising man who worked as a driver and doubled up as the neighborhood milkman. In the initial months, he found himself collecting and carrying large amounts of money on a daily basis, which became quite unwieldy with his day job. To make matters worse, with outstanding dues, leakages in collections and a host of challenges po...

TagsPaymentsRetail banking
Tim TylerMisys - London

Coupons and Payments - What Do We Have To Lose?

26 April 2011  |  4618 views  |  1 comments | recommendations Recommends 0

Electronic coupons appear to be all the rage at the moment, with the rush to the front seemingly being led by Groupon. Throwing themselves in to the fight now are Google (with Google Offers) and Facebook (with Facebook Deals) - so there might be an assumption that there is scope for considerable growth in this market. Do banks need to keep a wary

TagsMobile & onlineRetail banking
More blog posts
Bo Harald
Bo HaraldZEF, Transmeri, Real Time Economy Program - Helsinki Region

ATM transactions heading south

24 April 2011  |  5892 views  |  0 comments | recommendations Recommends 0

Accelerating decline in use of cash clearly reflected here and in card transaction statistics in Finland (even without costs being visibly charged for ATM withdrawals..). Good news for all. On EU leve...

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

e-invoicing ice hockey stick

24 April 2011  |  4722 views  |  0 comments | recommendations Recommends 0

It took time to get it going - but this is looking good (statistics covers only Finvoice - similar growth in other local standards). In a couple of years time paper or e-mailed PDF invoices will be as...

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

e-id services and e-commerce payments 2010 in Finland

24 April 2011  |  4924 views  |  0 comments | recommendations Recommends 0

Excellent growth figures - on EU levels the e-id volume would be 1,5bn. All public sector id-transactions are presently done by banks. This is extremely cost efficient (economy of reuse) and naturally...

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

Amazing e-banking growth - again

24 April 2011  |  4971 views  |  0 comments | recommendations Recommends 0

I would have thought the transaction growth would have petered out in Finland - when most customers have used it for years - and now there are 5,2m e-banking contracts (a population of 5,4m and some p...

TagsPayments
Tim Tyler
Tim TylerMisys - London

Location, Location, Location

21 April 2011  |  5463 views  |  0 comments | recommendations Recommends 0

So we have heard in the press that iPhones now record location information in a 'hidden' file. Not that Apple are tracking you, just that this information is logged. Lots of people record their loca

TagsMobile & onlineRetail banking
Brett King
Brett KingMoven - New York

Get the journey right, stop focusing on the destination

20 April 2011  |  4192 views  |  5 comments | recommendations Recommends 0

If you are thinking of a trip you have any number of options to get there. You can travel by car, by bus, by train, by ship or by air. Depending on the distance you might walk, or ride a bike. You can...

TagsMobile & onlineRetail banking
Bo Harald
Bo HaraldZEF, Transmeri, Real Time Economy Program - Helsinki Region

Real Time Economy presentation

18 April 2011  |  4006 views  |  0 comments | recommendations Recommends 0

http://streams.metropolia.fi/old/MultimediaTech2010/bo_harald_1/

TagsPayments
Retired Member
a non-active Finextra member

Next: Algorithmic Banking?

15 April 2011  |  4798 views  |  0 comments | recommendations Recommends 1

Algorithmic trading has made the headlines, most often negatively. The underlying idea is that computers can make, on a broader scale, better decisions than a trader. On the other hand, criticism is r...

TagsRetail banking
Previous 1 | 2 |Next

About this group join  Join us

Founded by Elton Cane
Date 12 Nov 2007
Group profile
A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.
members
29,502
Members
comments
17,433
Comments
blogs
11,413
Posts
bloggers 
1,148
Active bloggers

Top bloggers: 30 days

Most viewed Engaging
Chris Brown
Chris Brown

Co-founder and CTO of Trusek (trusek.com...

Enrico Camerinelli
Enrico Camerinelli

Senior Analyst for Corporate Banking, ba...

Milos Dunjic
Milos Dunjic

Technology executive fascinated with and...

Matthew FuellHart
Matthew FuellHart

Subject matter expert in global corporat...

Who is commenting on Innovation in Financial Services posts

Ketharaman Swaminathan
Chris Brown
David Godfrey
Susan Hall
João Bohner
Alexander Peschkoff
Anthony Pickup
Alex Kreger
Dean Procter
Bo Harald
Nabeel Patel