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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Bo Harald

It is not dematerialization

At the early stage of e-invoicing it was referred to as “dematerialization”. The benefits were seen as coming from not sending paper mail – but electronic mail. Now it has become very clear that the r...

02 Mar 2010
Retired Member

New York under zero: some thoughts on the Engage! Expo

"If there are any Mattel engineers in the audience, the astronaut Barby's space suit is not crash proof" (loose paraphrasing on Will Wright's keynote) Yep, the keynote was entertaining and ...

23 Feb 2010
Bo Harald

New high quality report from Deutsche Bank

New report (will be translated to English soon) going deeper into the e-invoicing theme http://www.dbresearch.com/PROD/DBR_INTERNET_DE-PROD/PROD0000000000253980.pdf Deutsche Bank is certainly doing th...

21 Feb 2010
Retired Member

Fraud detection and UE: why are Millennials slower?

A scientist was conducting an experiment with a fly. He pulled off one of its legs and set it down to see if it could fly. Conclusion: a fly without one leg can still fly. He pared off a second leg an...

14 Feb 2010
Bo Harald

Have banks given up?

Have banks given up trying to be good citizens? Sometimes you get that feeling - and also understanding that the avalanche of generalizing populistic condemning can lead to a give-up feeling even in t...

13 Feb 2010
Retired Member

Mobile Payments Redefined - The Indian Flavour

Purchasing an airline ticket with Rs. 30 in the wallet at 2 am in the midst of a trekking expedition, considered nigh impossible till a few years back is now a distinct reality made possible by mobil

12 Feb 2010
Uri Rivner

Finger Pointing in Commercial Banking

Hey, that’s a first. A bank sues a customer over losing money to fraud. It used to be the other way around. Online banking fraud got to executive level attention when in 2005 Bank of America was sued...

11 Feb 2010
Retired Member

The Next Big Thing - and what is it takes to be that thing

When something happens for the first time - it's avantgarde. If you see it twice - it's original. On the third time - it's plagiarism. On the fourth - it's pastiche. But when it happens for the fifth ...

10 Feb 2010
Uri Rivner

Have you lost your Carbon?

Butch Cassidy: You know, when I was a kid, I always thought I'd grow up to be a hero. Sundance Kid: Well, it's too late now. Butch Cassidy: What'd you say that for? You didn't have to say something ...

07 Feb 2010
Bo Harald

Cutting administrative costs in half

Innovations always take time. Also in the case of e-invoicing. A few observations: - e-banking took time - and typically some actors lost faith (did not jump on the bandwagon or went passive) halfway ...

07 Feb 2010
Retired Member

Mobile - First you'll get one - then...

By 2014, mobile and Internet technology will help over 3 billion of the world's adults to electronically transact. Emerging economies will see increase in mobile and Internet adoption through 2014. Wo...

06 Feb 2010
Retired Member

Can Bold Innovation Save Banking?

Banking has a long history of producing innovative technology; from the Big Bang of the 1980s, through ATMs and debit cards, to this century’s online banking. Technology has repeatedly changed the way...

03 Feb 2010

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