21 August 2017

Innovation in Financial Services

A Finextra Community Group

1,387Posts 6,672,154Views 1,691Comments

Latest blog posts

Stacey SmallThe Glue.com - London

2018 - The Year of PSD2, GDPR and Innovation

10 hours ago  |  1465 views  |  0 comments | recommendations Recommends 0

2018 is set to be a very interesting year - particularly if your role has anything to do with payments or data. The go live date for PSD2 is Saturday 13th January and GDPR a short five months later, on Friday 25th May. Both these high profile initiatives are being driven by the European Commission and the combined implications in terms of what nee...

TagsPaymentsInnovation
Steve TassellBizagi - London

From Novelty to Necessity: The Evolution of Personalisation in Financial Services

11 August 2017  |  6285 views  |  0 comments | recommendations Recommends 0

I can vividly recall, 20 years ago when I walked into my local bank branch to apply for a line of credit to purchase a car. The bank arranged a personal meeting with the manager of the branch – a unique customer service experience that I haven’t forgotten. This face-to-face interaction may only have been a simple gesture by today’s standards but

TagsRetail bankingInnovation
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Freddie McMahon
Freddie McMahonDF2020 Ltd - London

CHATBOT MARKET TRENDS AND INSIGHTS TO THE POWER OF CONVERSATIONAL USER INTERFACES

11 August 2017  |  1130 views  |  0 comments | recommendations Recommends 0

The Chatbot Market is being led by the six tech titans: Microsoft, Facebook, Amazon, TenCent, Google and Apple. Some key trend highlights Transparency Market Research estimates that the global ch

TagsArtificial IntelligenceInnovation
David Donovan
David DonovanSapient Global Markets - Boston

The Rise of AI First World in Financial Services

08 August 2017  |  12126 views  |  0 comments | recommendations Recommends 1

Looks like a number of movies these days are predicting the doom of the human race and the rise of the machines. Will machines take over the planet? Probably not. Will machines become your new colleag...

TagsArtificial IntelligencePost-trade & ops
Sadra Boutorabi
Sadra BoutorabiGPayments - Sydney

Why W3C Web Payment Standardisation Won’t Be The 3D Secure Killer

08 August 2017  |  6034 views  |  0 comments | recommendations Recommends 1

The online payments landscape is one of the fastest growing industries in the world. Global retail eCommerce transaction volumes for products and services reached US$1.9 trillion in 2016 and are estim...

TagsSecurityMobile & online
Keith Stonell
Keith StonellGuidewire - London

Digitalisation, not Brexit, London Market's biggest challenge

07 August 2017  |  3381 views  |  0 comments | recommendations Recommends 0

Next year is the fortieth anniversary of when Lloyd’s decided to make a dramatic, concrete and steel statement about its past and future. 1978 was the year work started on Richard Rogers’ Lloyd’s Bui...

TagsInnovationBrexit
Milos Dunjic
Milos DunjicTD Bank Group - Toronto

WANTED: Unified Contactless Kernel at POS

05 August 2017  |  5206 views  |  0 comments | recommendations Recommends 0

Contactless/proximity payments are promising technology, bringing speed and convenience to the checkout counter. They are supported by pretty much all payment schemes – Mastercard has PayPass, Visa ha...

TagsCardsInnovation
Anthony  Walton
Anthony WaltonIliad Solutions - Leeds

IT spend at EU banks set to increase

03 August 2017  |  6186 views  |  0 comments | recommendations Recommends 0

But can they successfully innovate? According to a recent news article on Finextra, 62% of European financial institutions expect to increase spending on payments technology throughout 2017. This maj...

TagsPaymentsInnovationOpen APIs
Chris Brown
Chris BrownTrusek - Amersham

Does PSD2 have to be complicated?

28 July 2017  |  1343 views  |  0 comments | recommendations Recommends 0

There has been a huge amount written about PSD2 recently and much of it appears to be, with the greatest respect, over complicating the issue. Very fundamentally, to provide for all of the requireme...

TagsPaymentsInnovation
Stacey Small
Stacey SmallThe Glue.com - London

Is Apple about to take a bite out of the retail banking industry?

28 July 2017  |  8506 views  |  2 comments | recommendations Recommends 0

At the latest Apple Worldwide Developer Conference (WWDC) in San Jose, June 17 2017, Apple confirmed the rumours that they will create their own payments service which will be linked with Apple’s mobi...

TagsRetail bankingInnovation
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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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