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Vienna
Saturday, September 23, 2017
online banking erste bank
We asked board member Thomas Schaufler about designing Erste Bank’s online banking platform George In Austria, banking has not always moved with the times. From the persistence of the transfer slip (Erlagschein) to the popularity of the savings account, progress has been conservative in terms of innovation. So who better to design a burgeoning new way to do banking than...
Music Traveler
A new startup called Music Traveler – like an Airbnb for musicians – helps music professionals find space to practice while they’re on the road. It all began when everything went wrong: Vienna-based violinist Aleksey Igudesman was planning a badly needed holiday. But there was a complication. His then-partner, a professional pianist, would need somewhere to practice, and not just...
Masters of Dirt
So what's wrong with dirty money? Founder Georg Fechter has perfected the art of banking on fuel, fire and adrenaline. Motors roar, flames blaze, music blasts, whipping up the crowd – and then they come: Shooting out of their stalls like a swarm of wasps, they jump over one another, taking the “Ooos” and “Ahhs” of the audience as encouragement...
pharmaceutical industry
Pharma's Market: The pharmaceutical industry has played an important role in Austria’s economic growth. But the challenge remains to find a balance between regulation and competitive pricing. Sluggish economic growth in Europe has governments on edge. In Austria, after four years below 1% and a modest rebound of 1.6% in 2016, one of the best prospects for continued recovery is...
vienna's coworking spaces
The number of coworking spaces in Vienna is growing. Is sharing an office with strangers the new normal? In 2017 more than a million people will choose a shared working space over home-office isolation. Is sharing your desk, WiFi, kitchen – and also your ideas  – with kindred spirits becoming the new normal? “Anybody in for Sexy Salad?” A curly-haired gentleman in a Kidrobot T-shirt...
black-market crime
How does Austria deal with Europe’s estimated €1 trillion shadow economy of black-market crime, petty tax evasion and corporate profit shifting? In Vienna, a tax fraud sting begins with an innocuous questionnaire, printed in German, English and several Slavic languages. In this polyglot city, bordering the former communist east, finance investigators approach waiters at lunchtime, construction workers in the afternoon, or bordello...
luxury
Two Viennese entrepreneurs with very different paths to success embody the city’s attitude towards luxury If someone pointed a gun at my head and ordered me to name five luxury brands from Vienna, I’d be in quite a jam. Yet since moving to Vienna from America in 2001, I have found myself working with two of them. Soon after my arrival...
robot worker
We all fear that our jobs will eventually be automated. But cheer up! Where one job dies, another rises from the ashes Imagine a world where writers have vanished. Editorial departments, the places where the magic of newspaper and magazine writing used to happen, are run by computers relying on the eternal knowledge of the web. With access to big...
business
The creative industries need to be ever-fresh. Michael Conrad of the Berlin School of Creative Leadership talks about what it takes to create like a boss He knew there was plenty of talent out there, but the young Michael Conrad was having a hard time hiring creatives for his ad agency in the 1980s. Again and again, he would see...
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