Digitalization

Introduction We live in a world in which data is becoming a key business asset, playing an increasingly central role in the success of a growing number of companies. Data and the ability to transform data into business will become critical in all sectors in the coming years. A good mastery of data and its exploitation can be an important competitive advantage. This means that companies need to equip themselves with the technological and human resources to develop a skill set capable of leveraging data,…

The Finovate Europe 2017 conference has just ended in London after 2 days where software editors, financial institutions and startups met to present their latest innovations. This year again, OCTO consultants were present to identify the latest trends. As we get off the Eurostar, here are our first impressions.

Ah, the old office directory: page after page, or screen after screen, of names and job titles. Wouldn’t it be great to have a virtual directory that displayed employees’ faces, included the company hierarchy, and grouped employees according to responsibilities and expertise? Better yet, what if that directory could be navigated by using natural hand gestures? By combining the power of the Microsoft Kinect sensor and the Oculus Rift virtual reality (VR) headset, we have created just that - a VR company facebook that lets users traverse…

Introduction In 2014, my colleague Stephen Perin and I wrote “FinTech Is Cannibalizing Banks!” a White Paper that had a certain impact in France and even in Canada. We have been following the innovation in retail banking since 2010, and this WP was meant to create a sense of urgency. In March, 2015, we organized a small Finovate in Paris (FinTech Day) where 20 French FinTech came to demonstrate their solutions. It was the first event of its kind in France. Sure, we are running…

         During our USI Event last summer we (Stephen Perin & Sylvain Fagnent) had the chance to interveiw Chris Skinner on the future of banking. Chris also did a presentation at this event (The future of money trade and finance).          This interview has been transcribed by Natalie Schmitz (Octo Technology).