article thumbnail

Could a high street Bank challenge Apple?

Matthew Griffin

Initiatives like Level 39, Finance Innovate and Fintech50 have helped position the UK as a Fintech powerhouse and the new UK Government has made it clear that it wants the UK to be at the forefront of Financial Services innovation and enabling more innovation around bank data is one way to ensure that that happens. Conclusion.

article thumbnail

How President Lula da Silva should help the poor in Brazil this time?

Christensen Institute

For example, consider how Nubank, a Brazilian financial technology company, is creating access to banking services for millions of Brazilians. Nubank co-founder, David Velez, experienced the struggle of opening a bank account and figured many others had similar struggles. Thankfully, Nubank is not alone.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Innovate and Persuade with a Well-Judged Nudge

Destination Innovation

In 2013 the BIT sent out thousands of letters to school students from poor backgrounds, who typically did not apply to top universities. In 2015 the World Bank established a group to help developing countries use nudge policies. In fact it saved over 20 times its cost and has been copied in many other countries.

article thumbnail

My fridge can disrupt your Bank

Matthew Griffin

For banks one of the first potential opportunities comes not from some fantastically complicated financial instrument but from the common a garden fridge. . The Internet of Things might not immediately look like a banks dream trend but with a little bit of lateral thinking it could be the biggest market you’ve ever played in.

article thumbnail

71 Innovation Methodologies

Open Innovation EU

Focus stage: Growth Published: 2013 more…. Focus stage: Early-stage Published: 2013 more…. Focus stage: Growth Published: 2013 more…. Focus stage: Maturity Published: 2013 more…. Focus stage: Seed Published: 2013 more…. Citizen-Drive Innovation (World Bank). Focus stage: Seed Published: 2013 more….

article thumbnail

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

Innovation Excellence

trillion dollars in wages are highly susceptible to automation and a 2013 Oxford study that found 47% of jobs will be replaced. The number of bank tellers has doubled since ATMs were introduced. 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.

article thumbnail

Listen to Employees When Evaluating Leadership

Adam Hartung

A Banks jumped onto the list as #4 in 2013. And, of course, Radio Shack made the list in 2012 (#3,) 2013 (#5) and 2014 (#11) only to file bankruptcy in 2015. In 2013 the stock rose to $85 as it made the list #3. Similarly Express Scripts rose from $53 in 2012 to $62 in 2013 when it appeared on the list in position #2.