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Seven impacts Open Innovation can have on your bank!

mjvinnovation

It is no coincidence that the financial market, banks specifically, are among the most innovative. The disruptive initiatives that have emerged with external partnerships have kept this sector at the peak of global Innovation. . Keep reading to understand this movement and see what the main benefits of Open Banking are!

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Banks: Too large to fail, easy to Disrupt

Matthew Griffin

“Senior banking executives are focusing on the impact that individual Fintechs or types of Fintechs will have on their organisations and industry but this narrow view means they’re at risk of missing the bigger picture. Conclusion. Perhaps the next generation organisations will be Start Up Integrators?

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When Pundits Say That Robots Will Take Our Jobs, Remember These 4 Things

Innovation Excellence

The number of bank tellers has doubled since ATMs were introduced. Yet the number of lawyers in the US has increased by 15% since 2008 and it’s not hard to see why. In a similar way we don’t expect bank tellers to process transactions any more, but to help us with things that we can’t do at an ATM.

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Fintechs: what are they and how to face them?

mjvinnovation

After the global financial crisis of 2008, the innovations around the financial industry have made the concept evolved to create alternatives and reform trade, payments, investments, asset management, insurance, clearing and securities settlement and even money itself with cryptocurrency like Bitcoin.

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Innovate, Adapt, Overcome: How to Beat a Recession with Idea Management & Continuous Improvement

Qmarkets

job losses skyrocketed during the peak recession years 2008-2010 Given the devastating impact of the 2007-08 financial crisis, it’s little wonder that companies worldwide are sensitive to omens of a new “great recession”. million jobs and saw the fall of 25 federally-insured banks. portfolio scouting campaigns , etc. –

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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

And in the 21 st century, the majority of public company shareholders are institutional investors (banks, insurance companies, pensions, hedge funds, REITs, investment advisors, endowments, and mutual funds), not individuals. (In It’s often a cattle prod to a stagnant company, or one ignoring disruption by new startups.

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3 Takeaways from Spigit’s Innovation Forum

Planview

With presentations from Steve Glaveski, Co-founder and CEO at Collective Campus; Alvin Chia, ‎Innovation Program Lead at DBS Bank; Lale Kesebi, Chief Communications Officer & Head of Strategic Engagement at Li & Fung; and Yi Hoo Ong, Vice President at Li & Fung, there was no shortage of useful content.