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Futuristic Banking

Stuff that's out there in the way out and beyond in banking.

Retired Member

Retired Member 

When Alexa met Spencer: AI's having conversations...

http://tem.mn/A1-ch4tbot See the demo. Though only a mere two months into the year, it already seems certain that 2017 will be the year of chatbots and AI. The rising prominence of chatbots and AI and the opportunity the technology presents to greatly improve upon the quality of interaction between consumers and their digital devices is not to ...

Retired Member

Retired Member 

Building a case for Banking of Things

Building a case for Banking of Things The networked economy of devices could hold promise for accelerating both banking services and operations to the next level of seamlessness On the one hand, rising operating costs have led banks to explore technologies that could reduce the cost of operations and increase revenue while minimising costs. On the ...

/retail

Ed Daniel

Ed Daniel Senior Consultant, getting old you know ;-) at esdaniel.com

How many Ts is that?

Noting the news last night it's not a great time to be associated with banking and as such the professional community will seek solace amongst its members. So, during this period of kinship and support perhaps some managers will study how the renewed trust in peers and colleagues can be put to good use. Transparency creates trust, trust facilitates...

/retail

Retired Member

Retired Member 

Be my - ATM-finder - eye, buddy!

Wow, this is a very cutting-edge new innovation from ING Netherlands. My android cellphone shows me the available ATMs in my sight, by pointing the camera of the phone to any direction. ATM markers are added to the actual camera image, so I know which way to go. The concept of processing the real environment image and react somehow is there since ...

/retail

Retired Member

Retired Member 

The Next Big Thing - A Bank

I've been known to make some outrageous predictions about such things as how many (few) global banks there would be in a few years (last year) and the boring sort of stuff, like there is no security on the internet, and that tech stocks like google were over-valued, privacy and trust issues, that sort of thing. I've been thinking about 'banking' l...

/payments

Paul Penrose

Paul Penrose Head of Research at Finextra

What's the difference between Hbos and HSBC?

What's the diference between Bank of America and Wells Fargo? Citibank and JPMorgan Chase? Royal Bank of Scotland and HSBC? Hbos and Barclays? From a consumer perspective, very little. They all offer much the same products, charge much the same fees, and use much the same distribution networks. For sure, some may be better capitalised than others. ...

/retail

Matt White

Matt White North America editor at Finextra

Intuit demands Mint proves user numbers

As the recession bites, more and more of us are turning to personal finance management tools to keep control of dwindling funds. One of the big boy in the US is Intuit with its Quicken Online offering but it seems to have been spooked by young whippersnapper Mint, sending a nasty letter to its rival demanding evidence to back up published user fig...

/retail

Ed Daniel

Ed Daniel Senior Consultant, getting old you know ;-) at esdaniel.com

UK Banking Retail OPEN API

This has been on my mind a lot recently, mainly out of frustration with using my bank's web sites as they don't support Firefox very well. More so, my bank and credit card providers especially are a total pain in the butt when it comes to working out which cookies and javascripts to enable for their various domains - this becomes a total headache...

/retail

Retired Member

Retired Member 

Facial recognition authentication in bank branches?

As the facial biometric authentication is developing, I can foresee a scenario, when the face of the customers are scanned by a corner camera as they step into a bank branch. The authentication is done this way and when the customer comes to the counter, and the bank employee could immediatelly see the customer name, portfolio, next best offer and ...

/retail

Retired Member

Retired Member 

Bye Bye Cheque Truncation..

It is interesting to note that after a little more than a decade, Canada has decided to stop investing and creating technologies and market infrastructure for cheque imaging to make the paper clearing process faster, safer and better. North American countries in particular have been investing a lot, over the last couple of decades, on imaging prog...

/payments /wholesale

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