Innovation in Financial Services

Founded by Elton Cane
Group founded 12 Nov 2007
Posts 1,668
Members 212
Group summary

A discussion of trends in innovation management within financial institutions, and the key processes, technology and cultural shifts driving innovation.

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Retired Member

Digitalize-or-Die Crossroads for Asset Servicing: Closing the Client and Investor Experience Gap

The Asset Servicing (AS) industry is an essential but often overlooked component of global financial markets. Yet, while transfer agents and fund administrators are critical to the smooth running of m...

08 Jul 2020
Steve Morgan

Why Capacity and Capability are Banks’ Best Friends Right Now

COVID-19 scattered workforces and business operations virtually overnight. At the same time, the impact of the pandemic has accelerated digital sales and service demand in ways that suggest permanent ...

07 Jul 2020
Thomas Pintelon

Credit origination - A lot of innovation on the horizon

While consumer credits are becoming more automated and user-friendly to request, all other credits are often still very manual and labor intensive to originate. In this (relatively long) blog I will t...

30 Jun 2020
Natalie Pavlovskaya

The Lockdown Effect: Increased Lending Software Demand

Financial institutions are facing a gap between traditional and tech-focused models caused by insufficient attention being devoted to digital transformation. According to Oliver Wyman, banks today co...

23 Jun 2020
Jonathan Westley

Data-driven innovation can help us avoid the mistakes of 2008

The long-term economic effect of the Covid-19 pandemic is still largely unknown, but it’s likely to make an impact like nothing we’ve seen since the Second World War. With a few nations emerging from ...

12 Jun 2020
Breana Patel

Covid 19 and Future of Regtech

The use of specialized tech to help financial institutions meet heightened regulatory requirements — a.k.a. regtech — is poised to continue taking off this year. Given the uncertainty surrounding COVI...

22 May 2020
Thomas Pintelon

Living a debt-free life - Utopia or realistic aspiration?

Recent surveys indicate that the biggest aspiration of millennials today is not to buy a house or to get married, but to become debt-free (e.g. Business Insider, New York Life, ...). In the US and UK...

29 Apr 2020
Retired Member

In the wake of COVID-19, QR codes are taking over the world. Will Visa and MasterCard survive?

The coronavirus pandemic has taught people to use QR codes in new and broader ways. This presents a great opportunity to shake up international payment systems with their wildly expensive commissions ...

17 Apr 2020
Erik Pickett

VitaMins: Socioeconomic effects of COVID-19

The number of Google searches for the word unprecedented has recently spiked to unprecedented levels[1]. And for good reason; the COVID-19 pandemic is unlike anything in living memory - and it is not ...

06 Apr 2020
Adrian Klee

Banks now need a firm sense of their purpose beyond creating shareholder value

Right now it is business-as-not-usual for millions of SMEs due to the Covid-19 crisis. Their survival relies on quick and fair distribution of the emergency funds backed by the British government. Tha...

03 Apr 2020
Daniel Fasnacht

The Way Forward: 21 Ideas for Bank Leaders to Boost Business after the Crisis

In the hardest times, there is always a way to get better. With The Way Forward, I’d like to share disruptive changes that shape industries, businesses, and societies in the context of financial servi...

25 Mar 2020
Paul Shumsky

Fintechs Designed To Thrive In The Face Of Coronavirus

The coronavirus is expected to fundamentally change the way customers interact with their banks, retailers and other service providers – and fintech businesses, which were built to operate in a fast-m...

22 Mar 2020

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