Customer data and the opportunities for creating innovative business models out of it has become a recent favorite topic of mine. I spoke on the topic at FinTechStage Luxembourg’s dinner overview hosted by Luxembourg for Finance and the Luxembourg Ministry of Finance, and we had an audience of banking CEOs and fintech influencers keen to find out more about the power of data in solving universal financial services problems.

Banks must refine and modernise their approach to data management to be effective in the era of the Quantified Self

The world is undergoing a data revolution. We are in the midst of the Quantified Self and real time personal data and performance measurement.

The way big businesses in the financial services sector discover and implement innovation is shifting, with the launch of venture teams, accelerator panels and internal ‘incubators’ bringing a start-up mentality to corporate organisations. Big businesses are embracing this concept of ‘intrapreneurship’, an entrepreneurial approach where teams and individuals are driving new venture ideas from within the organisation, according to Peter Sayburn, co-founder of Market Gravity, the proposition design consultancy. 

Saxo Bank, the online multi-asset trading and investment specialist, announces today a new co-Branded Introducing Broker (IB)  partnership with Bank of Valletta, the largest commercial bank in Malta.
 

Voice recognition

BlackBerry and Barclays Bank announce partnership to enable P2P money transfers via the UK bank's Pingit application over the BBM messaging service.

 Regal Financial Group has implemented portfolio management reporting and trading software from Envestnet | Tamarac's web-based Advisor® Xi platform for independent RIAs (http://www.tamaracinc.com/Advisor.aspx).

Capgemini, one of the world's foremost providers of consulting, technology and outsourcing services, announced today the acquisition of Fahrenheit 212, an innovation strategy and design firm. This transaction will augment the capabilities of the Group's global strategy and transformation consulting organization, Capgemini Consulting, to provide new innovation, business transformation and digital customer experience solutions.

Broadridge Financial Solutions enhanced its corporate governance solution offering in Europe by taking a minority stake and entering into an exclusive distribution  and marketing alliance with AMA Partners, B.V. (AMA).

Last night, Secure Trading attended the Merchant Payment Ecosystem Awards (MPE Awards) in Berlin, one of the most prestigious events in the payments industry, and was delighted to be awarded the PSP Award.

Forming part of the MPE annual conference in Berlin, the MPE Awards is now in its sixth year and is one of the most sought after industry accolades. Recognising the outstanding role of card acquirers, processors, PSPs and solution providers, it aims to honour exemplarity and innovative payment providers that are helping to move the industry forward.