31 August 2016

Innovation in Financial Services

A Finextra Community Group

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Archive for: May, 2012
Uri RivnerBioCatch - Tel Aviv

Eternal Flame: A super-grade cyber weapon

30 May 2012  |  3875 views  |  0 comments | recommendations Recommends 0

The Eternal Flame is something you’ll probably recognize as the ever burning fire in ancient Greece; but in fact it has deeper roots in the Middle East. The first records of such custom are, interestingly enough, set in ancient Iran and Israel. The security industry’s skies are now alight with Flame, the latest discovery in the chain of super-grad...

TagsSecurity
Bo HaraldZEF and Real Time Economy Program - Helsinki region

Snippets from payments report - Finland

29 May 2012  |  2771 views  |  0 comments | recommendations Recommends 0

Some figures - please compare notes from your countries - 90% of the population use Internet (but only 57% in the 65+ age cathegory - 81% do the bill payments in e-banks (98% in the 20-39y), 8% direct debit (which is merging into e-invoicing), 4% by sending paper invoices to banks for payment (18% of the 65+), 2% in branches and 2% still us...

TagsPayments
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Nick Ogden
Nick OgdenC B Infrastructure Limited - London

Are banks truly supporting UK businesses?

28 May 2012  |  2476 views  |  1 comments | recommendations Recommends 0

There is certainly a lot of focus in the UK on small businesses at the moment. Given the massive potential for small businesses to plug the hole in the UK economy, it is unsurprising that the failure...

TagsRetail banking
Pat Carroll
Pat CarrollValidSoft - London

Securing faster payments

24 May 2012  |  3261 views  |  0 comments | recommendations Recommends 0

The world is moving faster − the payments world that is. The smartphone has revolutionised the way we live, the way we pay for things and the way we bank. The payments and banking industry has stepped...

TagsSecurityPayments
Uri Rivner
Uri RivnerBioCatch - Tel Aviv

A clear message to Beijing

23 May 2012  |  3627 views  |  2 comments | recommendations Recommends 0

I was waiting at the British Airways lounge for my connection flight when my eyes caught the cover of a BusinessWeek magazine. “Hey China”, it said, “Stop Stealing Our Stuff!” In the last 2 years the...

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

The biggest change ever

13 May 2012  |  3126 views  |  0 comments | recommendations Recommends 0

We have been running a Real Time Economy program in Finland since 2006 and it has become very clear that the elements created (from plan, concept to ready) will create the biggest change ever in busin...

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

100pct automation - 2002-2011

10 May 2012  |  3271 views  |  0 comments | recommendations Recommends 0

It takes time - starting early helps.

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

By now 100pct SEPA

10 May 2012  |  3194 views  |  1 comments | recommendations Recommends 0

SEPA is a big step towards a true single market and a ready docking station for ISO200022 e-invoices and from there full automation of business processes and real time finance. Lots of work to do - bu...

TagsPayments
Brett King
Brett KingMoven - New York

NextBankAsia - Challenging the Status Quo

09 May 2012  |  3561 views  |  0 comments | recommendations Recommends 0

Today in Singapore we've had a gathering of a collection of real innovators and disruptors in the financial services and customer experience space. The line up at#NextBankAsia was a bunch of strong in...

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

Demise of cash 2011

08 May 2012  |  2869 views  |  1 comments | recommendations Recommends 0

Cash is as we know expensive, risky, unhygenic, environment-unfriendly and an open invitation to crime, fraud, black and grey economy. Cash handling costs merchants in EU 50 billion a year. Are the co...

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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Alex Kreger
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