Bank Leumi on Creatively Solving Problems in a New Way

The  Jerusalem Post quoted a spokesperson for Bank Leumi who noted that “innovation is a very broad area; innovation in the financial industry stems from both ‘internal innovation’ and ‘open innovation.’ Internal innovation involves changing the banking culture from within and empowering employees to engage in innovation and become a part of the vision we are trying to achieve. Open innovation involves connecting the ecosystem and bringing innovation and technology from the outside in. It involves staying up to date and being in the know on all new and developing technologies. These two must work in harmony. When we combine them together we realize that we can get more from looking at them separately”.

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