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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.

Alex Kreger

Alex Kreger Founder & CEO at UXDA

SME Banking: Customer-Centric Approach to Design the Next-Gen Service

SME owners often face the challenge of adapting business strategy to a highly dynamic environment while simultaneously managing day-to-day financial operations. It's like Formula 1 racers, where only precise and quick decisions can save them from failure. But how exactly can SME banking services help business owners? Find out how a customer-centri...

/devops /predictions

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

There should be no doubt

Every organisation (enterprises, states, municipalities, 3rd sector) should asap deploy the now available simple EUDI-compatible applications for sending and receiving verified data (credentials) between each others, employees, citizens at large and many things. Why? Productivity leap (McKinsey: 3-6% GDPgrowth - EU commission slightly less), servi...

/security /predictions

Shaju Nair

Shaju Nair Payments SME, Product Manager at Temenos

Payments - A new world in dawning

If you haven't yet stopped to notice that the payment industry is at the onset of a remarkable change - then this is just about time. If the hundreds of on-going experimental projects in various central and commercial banks are going to finish well - the face of the industry will not be the same as how we know it today. The very concept of money a...

/retail /wholesale

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Time for Micro-Credentials

Citizens - at home and at work - will get accustomed to get all sorts of credentials to their identity wallets. One important life event for the citizen at home is the job application and at work the need to find skills to employ or deploy. The first step for education and qualification providers in all sectors is to deploy their own identity appl...

/identity /predictions

Raktim Singh

Raktim Singh Senior Industry Principal at Infosys

Quantum Computing in Finance

Quantum computing is changing the game in finance. Financial modeling is becoming more efficient, secure, and intelligent using this revolutionary technology. Here are three things that will make you look at your financial world differently. 1. Super Speed Calculations : Our computer operates on a binary system of ones and zeros. But with quantum ...

/wealth /retail

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

This mess must be cleared

We are now moving fast to the Trust Infrastructure with EUDI-compliant general purpose automatically interoperable identitywallets for all parties - the data source, the data rights holder and for the service provider. This means that there will be the same interface for all. Obtaining and passing on verified credentials here can be likened to e-m...

/retail /identity

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Connecting AI to the Trust Infrastructure - ChatGPT sees it

How could SSI support AI applications? Self-Sovereign Identity (SSI) can be immensely supportive for AI applications in various ways: 1. **Data Integrity and Authenticity**: SSI ensures that the data shared with AI systems is authentic and unaltered, which is crucial for AI models that rely on accurate data for training and decision-making. 2. *...

/identity /predictions

Bo Harald

Bo Harald Chairman/Founding member, board member at Transmeri, Demos, Real Time Economy Program,MyData

Do not serve your customer!

The starting point in the data driven economy is now becoming: Do not serve your customer! Serve her life events! And this is precisely what especially elderly people - less apt as hunting down data from scattered sources in the public and private sectors - need now. I should perhaps write a book about the momentous thing happening in the data driv...

/people /identity

John Bertrand

John Bertrand MD at Tec 8 Limited

Cyber Wars Going Infinite: Buckle Up

The Michael Lewis book, Going Infinite, The Rise And Fall of A New Tycoon and Erica Stanford’s earlier book Cyber Wars, reflect an accurate but disturbing picture of this unregulated market. At times, the market appears to be a huge Ponzi Scam: The Z/Yen Group believes over 60% of the cyber coins on offer are fake. In the UK, 80% of Bank Accoun...

/crypto /crime

Rebecca Trivella

Rebecca Trivella Director at 3radical

10 best practice examples of gamification in financial services

As gamification continues to grow in popularity, its applications within the financial sector are expanding. It's no longer confined to just a single aspect of customer interaction; it's redefining everything from credit card activation strategies to long-term investment planning. Let’s get into it.👇 Here, we will delve into specific application...

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