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Innovation in Financial Services

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

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

Good Times in Fraudland: Part II

In my first of three entries summarizing 2009 online fraud trends, I suggested that there had never been a better time to be a cybercriminal, and talked about the high grade Trojans currently available to fraudsters. But to use a modern warfare analogy, even if you have nuclear weapons they aren’t really effective without a robust ballistic missil...

/security

Retired Member

Retired Member 

Deconstructing Zynga: what's up in Social Gaming fraud

Talking to friends in a party I had to hold myself from becoming too smuggy-smug-smug. Yep, the lot of "I'm too good for Mafia Wars" geeks fell prey to the eggplant-growing rhythm of Farmville. Eggplants. My friends. I don’t even like eggplants, but still felt responsible in a way, though they’re only a drop in Zynga’s estimated 15M+...

/payments /regulation

Nick Ogden

Nick Ogden Chairman at Ogden Research

Time to restore consumer confidence

So, it’s January 2010; the hangovers are subsiding and everyone is gearing up for the New Year and the opportunities and challenges it will bring. This time last year in his speech to the CBI Mervyn King talked about consumer confidence and pronounced that there had been ‘a widespread collapse of confidence in banking systems in the industrialised...

/security /payments

Retired Member

Retired Member 

Payments start from Square one

In the 1998 movie “half baked”, the main characters sell weed to various buyers to get their friend out of jail. Not the most sophisticated movie, if I may say so, but decently funny. While they’re selling, you hear a voice over by the main character Thurgood Jenkins (Dave Chapelle) telling about the type of people you meet. One of them is the “en...

/payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Enterprises - high time to stand up

Occasionally I get the impression that enterprises and their organizations are spending too much time on complaining (about regulation, about service charges etc) and not enough time on driving real change themselves. A part of this can of course be explained the ever growing demands on their time by all sorts of administration and growing competi...

/payments

Uri Rivner

Uri Rivner CEO and Co-Founder at Refine Intelligence

Good Times in Fraudland: Part I

Thirty years from now if I’ll ever look back and read my old blogs, I’m sure I’ll agree with what my current self is about to state: There was never a better time to be a cybercriminal than in good old 2009. So many things worked in favor of online fraudsters that I doubt if there’ll ever be a year as good as 2009, assuming you’re crooks trying to ...

/security

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

Blogs and blogs

I have been writing blogs for about 3 years and it is helping me to get some messages and information out to partners, customers, students, researchers and others who share the networked economy passion. About a year ago I was invited by finextra to start blogging on their site. As I have a background in banking and especially e- and 3rd generatio...

/payments

Nick Ogden

Nick Ogden Chairman at Ogden Research

Voice Verification versus Voice Recognition

At the start of a new decade there still seems to be confusion between these two terms with many people using them interchangeably - so here’s the distinction set out plainly: Voice recognition, also known as speech recognition, converts spoken words or phrases to text which is then processed by a computer to recognise what is being said. Unfortuna...

/security /payments

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

If you do not know where you are going - any road will do..

If you do not know where you are going - any road will do..This springs to mind when witnessing the plethora of alternatives created by today's technology and fragmented doings of both natives and immigrants on the Internet and in general. Innovators are well aware of the growing NEED to innovate both for enterprise survival and for national compet...

/retail

Bo Harald

Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,

I cannot see around the corner..

Too often I tend to forget that I cannot see around the corner. This means that I am spending too much time in trying to imagine the future. Instead I should take my vision and passion and go around the corner - as almost always before there is something unexpectedly simple and positive waiting. Take the example of e-invoicing. We did have the feel...

/payments

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