Innovation

1188 articles tagged with this keyword

/Innovation

Private blockchains used across industries

Nick Williamson, Founder and CEO, and Eric Benz, Founder and COO of Credits, explain the 'proof-of-stake' model and how their platform differs from private blockchain businesses.

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The future needs both competition & collaboration

Eric Van der Kleij, Head of Level39, discusses the importance of both competition and collaboration within financial services and the role of Level39 in combatting the struggles start-ups face in being recognised by banks.

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PSD2: a threat and an opportunity for banks

Erik Zingmark, deputy head, transaction products, wholesale banking, Nordea talks about the threats and opportunities that the Payment Services Directive 2 present for banks. While PSD2 will mean that banks face new competition, it will also give them more freedom, although to take advantage of this they will need to replace swathes of legacy IT, says Zingmark.

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The digital disruption threat to Nordic banks

Nordic banks risk losing up to a third of their revenues as a wave of new fintech startups enter the market, recent research from Accenture suggests.

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Embracing UK Real Time Faster Payments

In December the UK’s Faster Payments scheme will launch a new access model. With research showing a high level of interest in real-time payments among corporates, banks need to embrace the opportunities and revamp their tech or risk losing business, according to AccessPay.

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What do we mean by instant payments?

Petri Syvanne, VP, head of global payment services & infrastructure, Nordea talks about how the definition of instant payments should be tied to the user experience.

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Building foundations for digital change

Laurence Leyden, VP & Global Head of Pre-Sales FSI at SAP expands on the elements of digital change, including; social, mobile, back office integration, and even predicative analytics, with the challenge of now having to put this social data to use to tailor products to the specifications of customers.

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Addressing start-up competition

Likhit Wagle, Global Industry Leader, Banking & Financial Markets at IBM Global Business Services and Rob Hetherington, General Manager FS EMEA at SAP talk through the challenges facing financial institutions in adjusting their processes at speed to meet competition.

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Banking on loyalty

Reinhard Molter, Partner at Hexagon Consulting shares his views on how banks can increase their revenues by using customer data to provide benefits and loyalty programs to customers.

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Challenges of KYC on-boarding

Steve Pulley, Global Managing Director, Client On-boarding and KYC Solutions at Thomson Reuters discusses how banks can respond to the changing regulatory environment for KYC as well as addressing client on-boarding concerns.

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Core banking transformation

Mark Kaplan & Monika Wirth, Partners at Accenture look at the challenges around core banking transformation, the growing need for change and the complexities and investments necessary to bring banking services into the digital age.

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The need for better banking

Matthias Kroener, CEO of Fidor Bank addresses the growing need for banks to rebuild trust following recent scandals and bailouts, and to take advantage of technology to support the new digital lifestyle of their customers.

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Supporting front-end ambitions

Rahul Modi, Managing Director of Adarsh Credit Co-operative Society Ltd lays out methods to optimize a business through transformation of data, so as to reduce fixed costs and expenditures, and aggressively increase revenues.

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Financial institutions and the disruptors

Mike Laven, CEO of Currency Cloud talks of the relationship between start-ups and larger financial institutions and the positive collaborative efforts these two parties can enjoy for the benefit of customers.

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Digital transformation in insurance

Robert Cummings, Head, Industry Business Unit for Insurance at SAP lays out how the insurance industry is ripe for disruption and transformation with companies now placing greater emphasis on building customer relationships and identifying value-add services that they can provide for their consumers.

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Addressing the digital gap

Scott Bales, Managing Director of Innovation Labs Asia elaborates on the transition between the industrial era and the digital age, and how banks now need to prioritise collaboration with their customers, to identify their needs and develop relevant products for them.

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Distributed ledgers upending old models

Patrick Griffin, EVP of Business Development at Ripple Labs talks about the disruptive force of distributed ledgers, but also their tremendous potential as a new model, and how they can help manage cash flows between financial institutions.

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Setting up a bank is easy

Anthony Thomson, Founder & Chairman, Atom Bank, Founder & former Chairman, Metro Bank, NED of Agiliti talks of the competitive opportunities that simplified regulation and reduced set-up costs have brought to opening new banks as well as the tremendous potential of mobile banking and software as a service.

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How banks can innovate

Robin Jeffery, Head of Transformation at Nationwide Building Society talks about the need for firms to overcome complacency by harvesting innovation and new ideas internally and through their customers.

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Using social data more effectively

Seth McGuire & Jared Podnos, Business Development Managers at Twitter explain how social data can help analyse macro-economic factors and contribute to the investment decision-making process.