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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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Bo Harald Chairman/Founding member, board member at Trust Infra for Real Time Economy Prgrm & MyData,
Snippets from ClosedAI – by Schumpeter in the Economist - followed byt ChatGPT's take on it: OpenAI to buy perhaps $10bn-worth of custom AI chips from Broadcom. Adding $200bn to Broadcom’s market value.. OpenAI revealed that Nvidia, Broadcom’s larger rival, would invest up to $100bn in it over several years while selling it graphics-processing un...
13 hours /ai /predictions
Dr Ritesh Jain Advisor at WorldBank
Programmability doesn’t replace access — it multiplies the value of access. That’s the simple but powerful idea behind India’s CD Token and similar initiatives: when money can carry rules, proofs and intent, we stop forcing people to fit into financial products and instead design products to fit people’s lives. Opening a bank account is necessary,...
14 hours /payments /inclusion
Many of us - especielly in older generations - experience today’s digital world as chaotic — and what’s coming next with accelerating speed - can feel downright mind-spinning. Many feel that they have lost their sense of control, constantly resetting passwords and struggling to remember how each service works. Every site, app, and platform seems ...
14 hours /inclusion /identity
Alex Kreger Founder and CEO at UXDA Financial UX Design
In the past, banks built themselves from the inside out—and for decades, it worked. Products were developed around a sturdy core banking system and rigid business process to ensure security and trust, distributed through branch networks, and only then wrapped in a customer experience and brand veneer. But those days are over because customers and ...
21 October 2025 /retail /markets
Stanley Epstein Associate at Citadel Advantage Group
The global payments industry is navigating one of the most significant periods of change in its history. Driven by shifting consumer expectations and accelerating technological innovation, financial institutions are on a widespread digital transformation journey. The "Payments 2030: What’s Shaping the Future?" survey report, produced by ...
20 October 2025 /payments
EU is "good" at regulating the private sectors. But not brave enough to regulate the public sector? To drive all parts of it to take organisation wallets in use without delay (from the markets - not wasting money on building) to be able to get a meaningful mass of credential streams to citizen, SME and own wallets. And for all to use ...
20 October 2025 /regulation /identity
This is the interoperable EUDIW. EUBWs for SMEs should follow soonest. Lissi wrote: "The Sparkassen-Finanzgruppe has officially announced its plan to become a provider of a certified EUDI Wallet, integrating it directly into their main banking app. This is a huge step forward and a powerful signal for the entire market. As the first major Ger...
18 October 2025 /retail /identity
1. The Core – You-controlled data This is the data you receive into your wallet - making the MyData make-it-happen mission real: official credentials (ID, diploma, driver’s licence, tax number, company roles, etc.), verifiable credentials from other issuers you decide to trust (skills, power of attorneys, e-receipts, IBAN-credentials etc..) cred...
15 October 2025 /security /identity
I asked Gemini: The consensus among experts suggests that while the European Digital Identity Wallet (EUDI) is built on the principles and core technologies of Self-Sovereign Identity (SSI), its structured and regulated framework is likely to make it more user-friendly and lead to greater adoption than a "pure" SSI implementation. Here
14 October 2025 /wealth /identity
It means that there will not be a critical mass of credentials available for wallets. This means that wallets will seldom be used and the attention both by organisations and citizens will move elsewhere. In EU it means that the drive for the Trust Infrastructure and its citizen and organisation wallets – also as the fundament for AI-agentics - may...
11 October 2025 /ai /identity
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