29 July 2016

Innovation in Financial Services

A Finextra Community Group

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Archive for: May, 2011
Uri RivnerBioCatch - Tel Aviv

Did you pack yourself?

31 May 2011  |  5641 views  |  1 comments | recommendations Recommends 0

In my last year's summer post about travel deals I talked a bit about fraud in the “last minute” type of travel. But when you take a step back you discover quite a lot of fraud in the general airline sector, and it’s always interesting to think of what sort of cash-out options exist in the airline and hospitality categories. The number of fraudste...

TagsSecurity
Brett KingMoven - New York

The coming clash of KYC and P2P

30 May 2011  |  4797 views  |  1 comments | recommendations Recommends 0

Clearly we are entering a phase of massive disruption to the payments system(s) and incumbents of today. To put that disruption in perspective, let's think about what has led up to the current slew of mobile payments announcements and improvements. PayPal evolves P2P PayPal commenced business in its current form around March 2000 with the merger b...

TagsMobile & onlinePayments
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James Campbell
James CampbellHuben Consulting - Sydney

Square: where's the jam?

28 May 2011  |  5125 views  |  0 comments | recommendations Recommends 0

On Monday 23rd May Square made a number of company and product announcements: The Numbers: 500,000 readers shipped, and a new peak Daily GPV* of $ 3 million, Square Register: the new iPad point of s...

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

Online banking is not ready

26 May 2011  |  5504 views  |  0 comments | recommendations Recommends 0

Online banking is not ready as long as users: - users have to type in loads of reference numbers, dates, amounts etc when paying bills - do not get mobile notifications when needed for too low or too ...

TagsPayments
Brett King
Brett KingMoven - New York

Mobile Payments Palooza

26 May 2011  |  4064 views  |  1 comments | recommendations Recommends 1

Square POS and Cardcase, ClearXchange (BofA, Chase and Wells), Visa NFC trials, Google NFC trials - wow! Mobile Payments just arrived big time this week in the US particularly. So what does it all mea...

TagsMobile & onlinePayments
Nigel Quantick
Nigel QuantickGroupSetUp - Reigate

Is common sense a thing of the past now?

25 May 2011  |  4093 views  |  1 comments | recommendations Recommends 0

What has the world come to when an employer seeks to force employees to ‘shop' their friends' and family's negative feedback? Draconian and Victorian management just cannot work in such an open and t...

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

My name is Guy. Same Guy.

23 May 2011  |  4864 views  |  0 comments | recommendations Recommends 0

My name is Guy. Mr Same Guy. I show up in as a so called private customer off hours, then during working hours as a corporate customer, as a citizen in public sector services and often also as a membe...

TagsPayments
Brett King
Brett KingMoven - New York

Resistance is futile - the end of banking as we know it...

20 May 2011  |  4292 views  |  1 comments | recommendations Recommends 0

My pals at BankSimple soft launched their debit cards internally for their staff this week, which is big news because it signifies the acceleration of the big shift in the BANK 2.0 landscape. Interest...

TagsMobile & online
James Campbell
James CampbellHuben Consulting - Sydney

Square: is it a viable business?

20 May 2011  |  7785 views  |  2 comments | recommendations Recommends 1

No, not yet, but this might be about to change. Jack Dorsey recently made a photo post of an internal Square dashboard to celebrate their achievement of a Daily GPV (Gross Payment Value) of $2 millio...

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

Real time Economy on Facebook

19 May 2011  |  2262 views  |  0 comments | recommendations Recommends 0

https://www.facebook.com/pages/Real-Time-Economy-Program/128016310610648?sk=wall

TagsPayments
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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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