Innovation

dawn_over_a_new_world_by_freelancah

10 take outs on the Open Banking API Framework

Posted on Categories APIs, Disruption, Open Banking 0 Comment

The open banking framework  was published this week by the open banking working group. Here I share my 10 most salient take outs in 10 slides. Before we start, I think they have done a tremendous job. It’s an excellent document,  the proposals are bold, well presented and discussed. The work is definitely not over, but it’s indeed promising and it should have a material impact on legislations like PSD2. I do think that they are on the right path to meet their mission statement: Unlocking the potential of open banking to improve competition, efficiency and stimulate innovation Here are my key takeouts in 10 slides:   1 -Data, API, Security 2 –  A 3 party model 3 – Data: portable, explicit consent and specific usage 4 – A rich variety of data sets 5- Data sets: more granular details 6 – Example: 6  potential propositions enabled by…

Retail

Retail innovation and psychology

Posted on Categories Customer service, Innovation 0 Comment

Encounter of the third kind? Last week, on my way through security on a flight to Lisbon, I came across this unexpected, ghost- like figure (see the picture illustrating this post). Towering over a nondescript desk-like structure which she seemed stuck to. With a Colgate-like smile permanently stuck to her face, she was cheerfully reminding anyone bothered to pay any attention of the basic rules pertaining to liquid allowance and transparent bags. It was an unexpected sight in the not too futuristic setting of Luton airport. It did feel like a vision of the future. How could a fairly standard video of a person displayed on a screen feel like such a futuristic sight? Why was that? Thinking, Fast and Slow. When design fools our senses.. I think this was achieved through the simple means of the screen having the shape of…