Barclays Partners With Simudyne

By • on July 10, 2018

The PaymentWeek website reported that banking giant Barclays has signed an enterprise-wide license agreement with simulation company Simudyne to explore new ways to manage risk in a simulated virtual environment, leading to smarter business decisions. This is the latest in a series of partnerships that Barclays has announced with fintech companies, demonstrating the open innovation strategy that is enhancing the way that the bank develops new products and services. Through its newly announced Barclays UK Ventures unit, as well as the global Rise network, Barclays has access to a global fintech community, and an unfettered mandate to identify and incubate new business lines.

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