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Recognizing the Building Blocks of Innovation

Paul Hobcraft

Over the years, so much has improved and understood by the explanations, case examples, suggestions, clarifications and ways they were “built into” the individual innovation processes that each company chose to construct their innovation process. Briefly, I summarize what these have been bringing into innovative thinking.

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UX for banking: journey + usability + technology

mjvinnovation

This is an experience design process that plans, identifies, and subscribes to the implementation of the necessary value differentials that a brand requires to create a sustainable competitive advantage. With the regulation of Open Banking and data sharing by financial institutions, UX becomes an invaluable tool.

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Technology leads, innovation exploitation is lagging

Paul Hobcraft

I recall reading that up to now, each digital technology change was a separate era of change, to absorb and adapt towards, yet today we are facing something seemingly different, a collision, a whole mash-up of disparate technologies and systems, that seem to be heading for such an explosion of change, a post-digital transformation.

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The core principles of Leading FOR Innovation

Cris Beswick

The first step… Re-valuing innovation Innovation is about more than groundbreaking technological leaps or introducing a never-before-seen product. Leaders who champion innovation understand its role in driving competitive advantage, increasing market share, and, often, creating entirely new markets.

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Change the Bank: banking industry rules are changing

mjvinnovation

We have already mentioned the importance of the cycle of Run the Bank to Change of Bank and how urgent it is to monitor these transitions to remain competitive. And that’s where technology comes in, or rather, the techniques. There is no way for a company to be competitive without Data Science and Analytics.

Change 52
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Applying the Three Horizon Thinking to a Fresh Perspective of Innovation Design

Paul Hobcraft

The unique combining of the cloud, big data, social streaming, the internet of things, mobility, the industrial internet, are all making this the time for new growth opportunities through this digital economy and the radical overhaul of the activities to realize the benefits. Where is innovation within this?

Design 138
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Open Insurance: what it is and how it works

mjvinnovation

In this context, access to open APIs permits the sharing of data between different insurers, startups, banks, InsurTechs (insurance startups based on technology, inspired by the Fintech model) and other organizations. These technological innovations are enabling the development of Open Insurance practices.