Finance is no stranger to using data in predictive analysis, forecasting, and more, but what can real-time data bring to the table?
A brand-new car sold by a vending machine and a robot that brings in the laundry - in this article, we'll explore how to prepare for new competitors entering the market.
Advancements in technology are the main cause of disruption across various industries these days. Technology brings numerous benefits and various opportunities for businesses. However, adopting and adjusting to new tech can oftentimes be quite challenging.
Disaster recovery as a service (DRaaS) is a category of cloud computing designed to protect applications and data against natural and human disasters. It ensures that service disruption of a business is kept to a minimum by enabling a full recovery through the cloud. Most often it is handled by a third-party provider and managed by your internal IT personnel, removing some workload from your IT professionals and giving them peace of mind.
Starting up a small business can be rough. Even if you possess near-infinite entrepreneurial spirit, chances are that you’ll run into some roadblocks along the way. Whether these obstacles are based in logistics of strategy and implementation of your business model, or even issues with the very products and services you offer, most of these problems can be solved with financial influx.
In a recent article, The Financial Brand discussed the biggest threats to the financial and banking industry. They included a long list of everything from profitability to making good hiring decisions. However, we thought that there were a few problems that could be particularly fruitful when applied to open innovation systems.
These days, when migrants arrive at a refugee camp, one of the first things they ask for is access to WiFi and electricity to recharge their cell phones. Their smartphone is as basic a resource for survival as food and water. This is a vivid reminder of the fact that we are fully immersed in a digital world.
David Bruno is Head of Innovation for a large Swiss Bank, and the co-founder of YNOME, a transparent marketplace that rates your financial management providers and helps you assemble your own private bank. David is innovating the fintech industry and discusses how he builds trust and transparency in an industry that’s notoriously very hush-hush and filled with regulations. He also provides insights into how he builds a diverse, multifaceted team to successfully innovate for the millennial market.
Research and analytics have changed tremendously in recent years. With new technologies, advanced software and a global marketplace, the solutions are becoming much more complex. In this Innovation Ecosystem podcast Mark Bidwell speaks with Marc Vollenweider, CEO of Evalueserve, a company that offers innovative and disruptive solutions to their clients’ problems. Marc has a genuinely unique perspective on the changes taking place in various industries and offers a lot of advice, for leaders as well as those working for more traditional and regulated firms, on how they can successfully navigate through these disruptive waters.
The financial landscape is changing and the crowd is uniquely suited to help banks and other financial institutions solve some of the challenges they face. In this article, we look at five tech trends and how they’re changing how financial institutions interact with their customers.
The way we develop as children can greatly impact the way in which we conduct ourselves as adults. Our early experiences and discoveries have a significant influence on the growth of various personality traits, such as leadership, the ability to work as part of a team and communication, which can have a big impact on our professional lives.
Part eleven of the series finds challenge participant Carlos Gutierrez embracing his role in the global economy. How might the practice of collaborative innovation help people find their way forward in the Digital Age? How might the practice give people a voice?
The front end of innovation offers organizations engagement. Engaged people bring more of their gifts to the table. The back end of innovation offers organizations ideas that, when implemented, bring relative advantage. Each idea has its own story of relative advantage and risk. How do you tell the back end story in a valid, credible way? In this article innovation architect Doug Collins commends people who practice collaborative innovation to their organization’s chief financial officer. Having heard many, many tales of the back end, she can guide you. You can help her, too.
It’s good to have friends in high places as you transform the world through the practice of collaborative innovation. In this article innovation architect Doug Collins introduces you to your buddies in human resources and finance. Say hello!
The story of a once-innovative financial services firm illustrates the perils of substituting 'messy' innovation with a logical, orderly strategic planning process.