Open Innovation Critical for Banks

Open Innovation Critical for Banks

By • on April 15, 2015

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

Shifting the Boundaries of Innovation in Financial Services

By • on December 3, 2013

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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