article thumbnail

How to Keep Innovating During an Economic Crisis

Innov8rs

Embrace a different mindset about those obstacles, and think about the situation in three ways: Acknowledge reality: Accept that everyone is struggling, even the major tech companies and big banks. Review your company's innovation practices, reassess your approach, and build capacity for the future.

article thumbnail

How fintechs forced banks to rethink their user experience

mjvinnovation

In today’s age, where customers have easy access to research and reviews at the touch of a button, companies need to show their audience that they are genuinely there for them. Fintechs have demonstrated how to take advantage of this phenomenon. The same goes for banks. Software development. The new consumer.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Software Won’t Eat The World

Innovation Excellence

In 2011, technology pioneer Marc Andreessen declared that software is eating the world. So taking a software centric view, while it has served Silicon Valley well in the past, may be its Achilles heel in the future. In other words, that software would eat the world. The Silicon Valley Myth. As the economist W.

article thumbnail

How to turn a Multinational Automotive-Finance Company into an Innovation Powerhouse

Qmarkets

With over 3,100 employees across 36 companies, RCI Bank and Services is a multinational finance company which is focused on delivering innovative services to customers of the Renault and Nissan automotive groups. Qmarkets: And what were some of the challenges faces specifically by RCI Bank?

article thumbnail

BIG Ideas: How ICL Built a Billion Dollar Innovation Accelerator

Qmarkets

What can ICL’s approach to crowdsourcing tell us about how to launch a successful idea management program? Croitoru’s background is in accounting and investment banking, and this informed his objective to treat innovation in the same way as financial results. To find out, let’s dive into the world of BIG.

Ideation 105
article thumbnail

How to turn a Multinational Automotive-Finance Company into an Innovation Powerhouse

Qmarkets

With over 3,100 employees across 36 companies, RCI Bank and Services is a multinational finance company which is focused on delivering innovative services to customers of the Renault and Nissan automotive groups. Qmarkets: And what were some of the challenges faces specifically by RCI Bank?

article thumbnail

Does AI Replace Human Work?

The BMI Lab Blog

The world is becoming more and more interconnected and narrow due to technology and is closely connected like a village. The utilization of this trend does not stop within banks, insurances, or offices. Intelligence ethicists assess that AI and its relations are in accordance with the ethical code of society.