Recap of FinTech Week in New York After spending two weeks meeting with bankers all across the Southeast United States on our Bank Innovators Road Show, all of that activity reached a crescendo with FinTech Week in New York last week. Monday September 22 Bank Innovators Lab Day After stops in London and San Jose, the Bank Innovators Council’s third […]
Bank Innovation
Innovation Versus Efficiency
While banks are on a quest to improve efficiency ratios, I’ve noticed a recent increase in the use of the word “innovation” in more and more bank job descriptions and even in bank job titles. I view this as both good news and bad news. Good news because at least it seems that banks may […]
Bank Innovation Through Collaboration
I have been a little behind in my writing because I have been spending a lot of time on the road with some great innovators lately, at FinovateEurope and the Bank Innovators Council Lab Day in London, the FinTech Partnerships Conference and the All Payments Expo in Las Vegas, the Bank Innovation conference in Seattle, […]
FinovateEurope Recap
OK– so this post is less than timely. FinovateEurope ended two weeks ago (on February 12), and it was great, but I was doing double-duty in London with our Bank Innovators Council Lab Day the following day, with a whole lot of follow-ups since then, not to mention already working on our next event in […]
FinovateAsia Best of Show Winners
The second annual FinovateAsia 2013 wrapped up last week in Singapore, with 35 FinTech companies presenting their latest offerings. The audience-selected Best of Show winners are listed below in alphabetical order. (Thank you to Julie Schicktanz from the Finovate blog.) _________________________________________________ BehavioSec, for its behavioral biometrics-based authentication method Live blog post _________________________________________________ IND Group, for […]
How Banks Can Compete in The Future
Back in 1995 Michael Treacy and Fred Wiersema wrote a book called The Discipline of Market Leaders, and in it, they broke down the three critical strategic domains of any business– Customer Intimacy, Product Leadership and Operational Excellence. They argued that companies couldn’t really dominate in more than one. None of these are exactly optional, but their […]
From Transactions to Relationships: Innovation’s Next Horizon
There has never been a better time for innovation in financial services, yet most financial institutions struggle to build lasting, profitable relationships with their customer base. New ideas abound, yet actually implementing those new ideas, let alone realizing their financial promise remains elusive. It was the best of times, it was the worst of times, […]
Bank Innovators Council Launch Party
Last week during Finovate Fall 2013 we launched the Bank Innovators Council. More than 75 bank innovators, entrepreneurs, CEOs, bloggers and industry analysts joined us on a Manhattan rooftop to celebrate the launch of the first organization designed by bank innovators for bank innovators. We are proud to be creating a platform to bank innovators do together […]