Introducing a case study on NOVO BANCO's Internal Innovation Lab, developed by Fintech Solutions Fintech Solutions supported NOVO BANCO set up and run an internal innovation lab, designed to quickly develop and test new ideas within the organization. It had 3 main goals: 1) Speed up the testing and launch of new projects 2) Cultivate a culture of innovation and smart risk-taking 3) Identify leadership talent Program Highlights: - Hackathon Excellence: A 12-hour event at the Fintech House, to validade the proposed ideas through feedback and Design thinking methodologies and propose a PoC plan - Significant Resource Savings: Reduced immersion journeys from 8 weeks to just 4 days testing new solution, in line with the lean startup methodology - Leadership Recognition: Several participants were promoted to higher management roles. - Customer-Centric Testing: Creation of a landing page and social media campaign to test market appetite. - Promotion of an Innovation Culture: Increase presence of fintech founders interacting with bank’s board. This initiative has not only accelerated product ideation and launches but also fostered innovation culture within NOVO BANCO. For more details, check the full case study: https://lnkd.in/dxSkzaTa Connect to the team and learn how you can replicate this success in your organization. #CorporateInnovation #InnovationLab #LeadershipDevelopment #FintechSolutions
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At Silicon Valley Innovation Center (SVIC), we were honored to assist the Bank of Queensland in their quest to become a leader in banking innovation by enhancing customer experiences through digital transformation. Our Approach: We implemented an Executive Immersion Program and provided Innovation Methodology Consulting. This strategy allowed the bank to connect with innovative fintech partners through our Startup Discovery Program. Results Achieved ⬇️ Our collaboration led to impressive outcomes for the Bank of Queensland: ➡️ Formed partnerships with leading fintech companies to enhance customer experience. ➡️ Established a Silicon Valley Innovation Outpost, strengthening ties to the tech ecosystem. ➡️ Launched a Future Product Development Studio focused on innovations for the next 3-5 years. ➡️ Developed a comprehensive Transformation and Innovation Strategy to ensure sustained growth. If your organization is ready to innovate and transform, explore our corporate innovation consulting services: 🔗 https://hubs.li/Q02WJDdX0 #DigitalTransformation #BankingInnovation #InnovationStrategy #SVICCaseStudy
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Australian fintech call out for a UK market opportunity to win a pilot with Lloyds Banking Group. Lloyds Bank’s Launch 2024 Program applications close TODAY 17th April. Launch 2024 is a five month collaborative innovation programme offering rapid experimentation. Successful applicants will work with subject matter experts and dedicated Launch Programme colleagues to refine and test value propositions to solve key strategic business challenges with Lloyds Bank. Your bespoke proposals will be pitched to the relevant Challenge sponsors and senior leaders, giving applicants the chance to run a proof of concept in partnership with Lloyds Banking Group. A large portion of the delivery is remote, so still being in Australia is not an issue. However, being in the UK for the later part of the program will be critical. I know the timing is short notice, if this is an issue and you are keen we may get you some extra time (message me direct and you will still have to move quickly (this week). The application is not onerous - you should make the cut if you are prepared with your pitch. Too good an opportunity with a key UK player to not share with you. https://lnkd.in/eabigqsQ.
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Just one day to go until Singapore FinTech Festival 2024 kicks off! Join DBS at Hall 2, Booth 2B23 and our incredible lineup of speakers covering a wide range of topics from next-gen solutions to digital money blueprint to AI to banking a transitioning Asia and more. 🚀 Sneak Peak of what's happening at our booth: We'll be showcasing how we help startups and SMEs thrive with programs like the DBS Startup Movement, Bridging Business Horizons, and the ESG Ready Programme. Whether you're looking for resources, mentorship, or tools for regional growth and sustainable practices, we're here to support you every step of the way. For corporates, fintechs and fellow finance community members, as the World's Best Corporate Digital Bank, check out how DBS is leading the way in evolving the digital financial landscape with our suite of innovative solutions for payments, collections, and more, including the launch of a future-ready solution tomorrow - watch this space 😍 Come see us at our booth and let's talk about how we can add our strength to yours over the next 3 days! #SFF2024 #DBSBank #SME #Innovation #Sustainability #BusinessGrowth #Fintech #Startup
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🌟 And it’s a Wrap! Another successful edition of Singapore Fintech Festival 🌟 #SFF has once again proven why it’s the epicenter of financial innovation globally. Three transformative days of thought leadership, cutting-edge technology, and impactful networking, I’m struck by the immense potential of our industry to drive real-world change. 💡 Key Observations: A Global Call to Action: With over 70,000 attendees from 140+ countries, the energy was palpable. “Fintech for Good” as a theme, underscored our responsibility to innovate with purpose, especially in the realms of financial inclusion and sustainability. 🌍🌱 Tech Driving Transformation: Generative AI, embedded finance, and digital ecosystems were the dominant narratives. The rise of personalized banking experiences powered by AI and hyper-connectivity is no longer an aspiration—it’s a reality. 🤖🔗 Sustainability at the Core: From ESG-focused fintechs to green finance initiatives, it’s clear that financial services must align with global sustainability goals to remain relevant. 🌿💼 🤝 What Resonated Most: The Power of Collaboration: Whether through fintech partnerships or #BaaS models, it’s evident that no single player can transform the ecosystem alone. Customer-Centricity Redefined: The discussions around hyper-personalization reaffirmed my belief that understanding the “segment of one” is the next frontier in digital banking. I’m more convinced than ever that the intersection of technology, purpose, and partnership is where impactful transformation happens. My focus remains on redefining customer value propositions and building ecosystems that enable seamless, meaningful financial experiences. The future of finance isn’t just about innovation; it’s about responsibility and impact. #DigitalBanking #FintechLeadership #EmbeddedFinance #SFF2024 #Innovation #Sustainability #HyperPersonalization
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74% of traditional banks are putting digital transformation at the top of their to-do lists 📋 While it’s not easy to compete with the nimble fintech startups, it’s not impossible ❌ A number of traditional FS companies are jumping on board to access the same speed, agility and innovation as the sector’s challengers. Check out our latest blog post to learn how Tesco Bank, YBS and Evelyn Partners are transforming their digital experiences and smashing customer expectations: https://lnkd.in/eFxdR8jE #FSInnovation #MobileApps #UserExperience #DigitalTransformation #CustomerFirst
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Large FS brands have moved mountains in the last decade to create the platforms and cultural environments to collaborate with new entrants. Yet there is often a mis-alignment of expectations when the two come together. Most founders I speak to are looking for access to capital and customers, and (particularly if early stage) validation of product market fit. Here are three areas I think FinTechs can learn from large FS brands: ✅ Challenge the digital ‘mono-culture’: A combination of recent regulatory developments (Consumer Duty being the main one), and societal trends, means that the days of ‘frictionless’ customer journeys are over. Consumers value ‘personalised intervention’ and a human-led service (where appropriate), more than ever. FinTechs can learn from large FS brands, particularly the banks, in their approaches to designing these experiences. ✅ Partnerships and collaboration: Large FS brands have a long-standing “build vs buy/partner” approach to strategic planning. Many FinTech founders I speak to are understandably more resistant to considering partnerships with third parties. Given the current market environment, when investors are pushing for more sustainable and profitable business models, establishing a “build vs partner’ mind-set would benefit many, particularly those that are scaling quickly and/or exploring new markets. ✅ Risk Management: Moving away from siloed risk management to a more enterprise-wide approach is one of the biggest challenges to achieving sustainable growth. But it is also an enabler. Execution of this is hard, because it often starts with changing culture and colleague behaviour. FinTechs could benefit from understanding how Compliance and Business colleagues have approached this challenge, particularly in the last few years. #fintech #ukfintech #financialservices #innovation #founders
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Fintech accelerators are hot, but are they worth the hype? At Money20/20 Europe Aruna Bhalla (TSB Bank), Rachel Curtis (CEO and co-founder of Inicio AI) and Maxine Mackie (Label Sessions) offered a behind-the-scenes look at these programs. Here's what Fintechs and Banks can take away For fintechs: ↳ Focus on Problem-Solving: Showcase how your product addresses the program's specific challenges, not just its features. ↳ Network Beyond the Program: Build relationships and leverage the program's network for long-term benefits. ↳ Be Realistic About Integration: Consider a standalone solution initially to avoid slowing progress with complex integrations. ↳ Embrace Mentorship: Learn from experienced professionals to accelerate your growth. For banks: ↳ Plan Ahead: Secure sponsorships and engage stakeholders early for a smooth program launch. ↳ Align with Strategy: Ensure the program aligns with your bank's overall business goals. ↳ Deliver Value: Offer access to decision-makers and potential customers to make the program truly valuable for Fintechs. ↳ Invest in the Future: Consider second chances for promising Fintechs who might need more time to develop. Have you been through an accelerator program? Drop your experience in the comments! #Fintech #Banking #Innovation #Money2020Europe #startups
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🚀 Introducing the Mastercard Lighthouse #FINTIV program bank partners: SEB, Swedbank, OP Financial Group, DNB, Danske Bank and Resurs Bank Mastercard Lighthouse #FINITIV gives fintech startup companies the opportunity to build partnerships with established banks in the Nordics and Baltics. During the #FINITIV program, the startups will meet with the program partners through workshops to determine if there are viable partnerships that can be pursued. The mission of the Mastercard Lighthouse #FINITIV program is to strengthen the financial services ecosystem by pairing the energy and innovation of Fintechs & FinTech enablers with the stability and distribution capacity of participating banks and large corporates. The program is one of the ways that Mastercard scouts for new technology partnerships for itself and its partners, the banks. Through partnering with innovative technology companies, the ambition is to further strengthen the financial ecosystem in Nordics and Baltics and continue to lead in digital solutions💡 Read more about the #FINITIV program and our partners: https://mclighthouse.com/ Joseph Hajj Hanna Ivarsson Henrik Elvingsson Ane V. Rode Anton Danielsen Riiko Pesonen Atte Pitkälahti Marius Ribokas Giedrė Ramanauskaitėé Anette Ustal Kārlis Karolis Andra Altoa Meelis Nurk Joakim Höglund Ebba Riismark Triin Preem Gediminas Misevičius , Erlend Nitter-Hauge Anders Østensvig
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🌟 Another successful partnership story at Fintech360 Exciting news from Fintech360! We've recently completed a project that perfectly illustrates our commitment to tailor-made solutions and swift, effective service in challenging situations. In our latest collaboration, we helped our partner overcome significant operational challenges that required quick and intelligent interventions. Leveraging our cutting-edge technology and deep industry expertise, we implemented a seamless solution that enhanced their overall efficiency and performance. The feedback has been overwhelmingly positive, reflecting not only the success of the project but also the strong relationships we build with our partners. Here’s a glimpse into the impact: "The swift and effective solutions provided by Fintech360 have transformed our operations, demonstrating the power of partnership and innovation in overcoming challenges."- Senior Executive, Partner Company This experience has been another proof point of how we at Fintech360 not only meet but exceed expectations, paving the way for future innovations in fintech. Thanks to our team and partners for making this possible! 🚀 #Fintech360 #Innovation #PartnershipSuccess #TechnologyInFinance
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🚀 Why Your Company Should Enter the US FinTech Awards 2024 🚀 In the fast-paced world of FinTech, standing out is more crucial than ever. The US FinTech Awards offer the perfect platform to showcase your innovation, leadership, and impact in the industry. Here’s why you should seize this opportunity: 🌟 Gain Industry Recognition: Being shortlisted or winning an award places your company among the best in the business. It’s a powerful endorsement that can open doors to new partnerships and clients. 📈 Boost Your Brand: Elevate your brand’s visibility in front of industry leaders, investors, and potential customers. This is your chance to tell your story and highlight what makes your company unique. 🤝 Network with the Best: The US FinTech Awards bring together the brightest minds in the industry. It’s a golden opportunity to connect with peers, exchange ideas, and forge strategic alliances. 🎯 Motivate Your Team: Recognition on this scale is a fantastic morale booster. Celebrate your team's hard work and innovation by putting them in the spotlight. 💼 Attract Top Talent: Winning an award makes your company more attractive to top-tier talent who want to work with the best and most innovative companies in FinTech. 📅 Deadline Alert: Don’t miss out! Submit your entry by August 30th. It’s quick and easy – just a 250-1,000 word submission or a 3-minute video. Ready to showcase your FinTech prowess? Visit www.usfintechawards.com for more details. #FinTech #USFinTechAwards #Innovation #Leadership #IndustryRecognition #Awards2024 #Finance #Technology
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