Innovation

Highlights from CREALOGIX’s Open Innovation Day 2020

CREALOGIX‘s online event Open Innovation Day 2020 had over 700 people registering from 40 different countries as the topic of innovation in digital banking is a high priority across the globe. From the discussions, the sense of urgency came across

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Connecting People With Finance: Empowering the Financial Industry in the Intelligent Mobile Era

In the intelligent mobile era, Huawei — with its vision, insights, solutions, ecosystems, and experts — is uniquely positioned to create new value. The global outbreak of COVID- 19 has disrupted the lives and businesses of countless people, and the

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5 Key Highlights From Huawei’s Developer Conference

From September 10 to 12, 2020, Huawei Consumer Business Group (BG) held the annual Huawei Developer Conference. Themed HDC.Together, the event saw multiple announcements being made, including the launch of new products, as well as updates on the Huawei Mobile

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Facial Recognition Technology Rapidly Picking Up Steam with Banks and Fintechs

Advancement in biometric technology, including facial recognition, touch ID fingerprint sensors and voice recognition, is creating new opportunities for fintech innovators to streamline the customer experience. Facial recognition in particular is seeing rising adoption in Asia but also other parts

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McKinsey: Banks Need to Reinvent Themselves or They Will Eventually Disappear

In Asia, consumers’ tech-savviness, the rise of fintech, and advances in technology are requiring banks to reinvent themselves, according to a new report by McKinsey. In a paper titled Future of Asia Banking: How Asia is reinvesting banking for the

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Why Platformification is Key to The Next Banking Revolution

Driven by technological innovations and increased online connectivity, the world is going through a major economic revolution with the rise of the platform economy. The platform economy refers to the current transition most companies are making from being product-centric to

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The Real Reason Why You’re Failing to Innovate

In a world where change is the only constant, innovation is a tool that is essential to any organisation that doesn’t want to be made obsolete in the next few years. While the need for innovation is not unique to

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Why Fintech is an Important Ingredient in Any Smart City Ambition

Smart cities. They were a popular term that has since lost a bit of its steam among the general public, and yet, with the dramatic reduction of Internet-of-Things (IoT) prices last decade, the smart city initiative is now a gleam

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10 Innovation in Finance and Blockchain Books to Read

So here we go – it has been another six months and even though I thought I would not have time to read books anymore… … I just slept less I guess… Over the last 6 months there were also

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Banks and Corporates Need to Rethink How They Approach Innovation—Again

Innovate or die. This is a common rallying cry in this era of Silicon Valley and agile tech startups, and the banking industry is not excluded from this narrative. Fintechs grow ever popular, with their on-demand services, particularly to those

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