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How Israel’s Oldest Bank Is Engaging Employees to Become a Leader in Banking Innovation

Qmarkets

In 2013, Bank Leumi embarked on a journey to make innovation one of its prime strategic goals. In order to achieve this goal, the Bank undertook an initiative to change their corporate culture, so every employee would see innovation as part of their daily work; an aim they should constantly aspire to.

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Have the Banks already been Disrupted?

Matthew Griffin

Banks were once the corner stone of the community but today their industry is being disrupted and disintermediated. There were two quotes that stood out for me and they were “My children don’t see Banks as a brand any longer” and “ We’re at risk of being turned into dumb pipes”. No, I just can’t be bothered.

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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.

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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.

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The Banks Guide to scouting Fintech

Matthew Griffin

“Four of Europe’s largest banks reveal their Fintech scouting strategies and with one exception their approach won’t come as a surprise. As an Entrepreneur you’ve worked 247 365 and seen your bank balance dwindle. Attention is your oxygen so what can you do to stack the odds of being noticed in your favour? ”. Check your Mirrors.

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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. Technology as a democratising force. Trillion. Conclusion.

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Powering Corporate Innovation in Finance: Industry Insights

Qmarkets

Fintech startups are changing the face of finance with new technologies that are making banking easier, faster, and more intuitive. Innovation in Finance: Key Challenges New Players Digitally-native challenger banks are growing in popularity among consumers. On top of that, banks need to regain consumers’ trust.