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Jouko Ahvenainen

June 12, 2017

In the EU banks must open APIs to their services, and banks plan these steps also outside the EU. Some see it as a threat and some as an opportunity for banks. But one question is whether this is so relevant anymore. Some years ago, telcos started to talk about telco 2.0 and open telco APIs, but they haven’t really become anything significant. Can it be the same situation for banking APIs?

Telcos have wanted to open APIs for many years and in that way, for example, enable third parties to offer communications services that are based on telco infrastructure. This never took off, but... MORE

May 26, 2017

I had to use quite a lot mobile data in Italy. After three SIM cards, two from TIM and one from Three, I was quite convinced I would never get what the sales person promises, especially the total data amount always included surprises. Sometimes the amount was different than promised, sometimes it just stopped working and the customer support was only in Italian. Sometimes it had strange weekly or day time, night time limits. In total I paid €95 to get 64 GB data, but in reality I got about 22 GB.

At the same in the UK I have a Three subscription that offers free roaming to 45... MORE

April 26, 2017

Over two billion working-age people have no access to ordinary finance services, like bank accounts, payment cards or loans. These people are especially in developing countries and emerging economies. But not only there, for example, in the UK two million people cannot open a bank account. Finance services are key for many other things in life, without them people are outsiders. Fintech and mobile can change all of this.

People don’t need a credit card, they need credit. People don’t need a bank account, they need a safe place to keep their money, an easy way to receive money and... MORE

April 20, 2017

We can read daily about new AI solutions and how they replace human work. At the same time there are still skeptical comments that robots are not yet even near human beings. A typical comment is that a machine cannot replace a person, because a human touch is needed. Maybe these discussions illustrate that many people don’t know what AI is, and what its use actually means.

Thrivent Financial portrays a poor robot image in their TV advertising (see it here) and basically claims that human investment advisors are better. Of course, it can be a clever way to utilize prejudices, but in... MORE

March 27, 2017

The US president election started a new chapter in the discussion on the role of data analytics in political marketing. Cambridge Analytica got a lot visibility when they conducted analytics for Trump’s campaign. At the same time there have been claims that Clinton’s campaign counted too much on analytics and micro-targeting, when bigger messages to larger audiences were missing. Are these conclusions contradictory or can different approaches explain the difference?

Targeting or even micro-targeting are not new in marketing and advertising. There are many ways to analyze consumer... MORE

March 06, 2017

Mobile World Congress has always been a place to publish new technology, but the focus has been on larger corporations and really hardcore technology components, not typically new business innovations or startups that can disrupt a market. Now it looks like MWC is getting a more important role in these kinds of innovations too, in particular 4YFN is finally finding its market position.

MWC has had many models to activate young innovative companies to come there. The main hall space is typically too expensive for smaller companies. Many countries have their own departments where... MORE

March 03, 2017

Fintech has become an important topic at Mobile World Congress too. This year we saw big finance institutions, startups and also companies from other verticals offer some fintech products. But the products we see in Barcelona are more elements and building blocks, not proper larger solutions. Some areas of fintech are already quite crowded and some other components are largely missing.

Payment products and components were probably the most popular fintech application at the event. Some products are really a full offering to make payments, and some are more enablers, for example, to... MORE

March 01, 2017

It’s again time to see what really happens at Mobile World Congress. The official announcements have included new handsets, 5G, IoT and big data. People are talking about the Nokia 3310, how carriers could transform from bit-pipes to something else and how networks wouldn’t include only intelligence, but artificial intelligence soon. But the event is much more than the official announcements, it is interesting discussions, observations and revealing details. I tried to pick you some of these.

Many mobile phone manufacturers have new models at MWC. Of course, Apple and Google are... MORE