WeBank: Banks Must Open Capabilities to Market

WeBank: Banks Must Open Capabilities to Market

By • on January 21, 2019

The Finews.asia website reported that WeBank vice-president Henry Ma cited open innovation as the key to attracting more opportunities, saying that the success of tech giants like Google and IBM, which have opened up their technology stack and are going open source. WeBank is doing the same by opening its application programming interface and software

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BNP Paribas Launches New Investment Fund

BNP Paribas Launches New Investment Fund

By • on February 25, 2018

The Crowdfunder Insider website reported that BNP Paribas, the global Top-10 bank headquartered in France, announced that it is launching its very own investment fund that dedicated to financial services and insurance. The company noted that with the establishment of this new investment fund, it is

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Societe Generale Opens Up

Societe Generale Opens Up

By • on October 14, 2016

The Financial website reported that Societe General was ranked top among digital banks and financial institutions. It was chosen for its original open innovation strategy with digital ecosystems around the world. “We believe that by creating the conditions to foster innovation and agility, by spreading

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Barclays Financial Services Hackathon

Barclays Financial Services Hackathon

By • on October 5, 2016

The Finextra website reported that Barclays Bank sponsored a major hackathon. A Barclay spokesman said: “It’s about our staff co-creating solutions with external teams; coming together for 36 hours to work on specific customer and business solutions – an intense burst of idea storming and

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Brazilian Banking Giant Seeks Startups

Brazilian Banking Giant Seeks Startups

By • on October 30, 2014

The ZDNet website reported that Brazilian banking giant Bradesco is looking to attract startups from the sector to accelerate its own innovation processes. Bradesco is the second largest bank in Brazil. Its open innovation program InovaBRA is aimed at selecting technologies that can add value to the

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