Barclays Partners With Simudyne
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,
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Aussie Fintech Wins Barclays’ Global Open Innovation Challenge
The PR Newswire website reported that Aussie trade financing deep technology startup, Trade Ledger finished ahead of nine other VC-backed companies from across the world to be named the winner of the Barclays UK Ventures Open Innovation Challenge. “Within Barclays UK Ventures, we’re
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New York City Fuels FinTech Innovation
The Baseline website reported that an open innovation framework established by the Partnership for New York City, Accenture and financial institutions spurs tech advances and economic gains. For most business and IT executives, today’s furious rate of technology change represents both opportunities
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Barclays Financial Services Hackathon
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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The Changing Shape Of The Modern Workplace
An article on the Forbes website noted attempts to make workplaces more innovative. Many have focused around the open innovation methodology of creating touch-points whereby employees can mingle, collaborate and innovate with people from outside their organization. There are instances of this form of
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Open Innovation and Banking
The JNS website Israeli entrepreneurs are increasingly attracting foreign banks’ investments by offering innovative technologies. “We realized…unless we go with open innovation rather than internally developed solutions, the way banks previously did, [then] banks will lose out to the technology
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