Open Innovation Critical for Banks
An article on the EuropeanCEO website noted a new report by Accenture which said that the massive investment in fintech shows that the digital revolution is well advanced in financial services, and it is both a threat and an opportunity for banks. The report suggests that many well established banking institutions are not equipped to deal with the
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Shifting the Boundaries of Innovation in Financial Services
The Finextra website noted that open innovation, the process of encouraging ideation across all stakeholders to drive enterprise innovation, is gaining traction in a diverse range of business applications – – from automotive design to drug discovery. Two banks that are harnessing the
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