Innovation expert Amy Radin says banks can start their journey by asking how their next important project can change people’s lives.
Fintech Forward panel at BAI Retail Delivery 2015 says banks need to collaborate with non-bank technology companies.
Shark Tank star and BAI Retail Delivery 2015 speaker Robert Herjavec says bankers need to embrace innovations in customer convenience and information security.
Barbara Corcoran, star of ABC’s hit show Shark Tank and upcoming speaker at BAI Retail Delivery 2015, says new project advocates need to incorporate ‘entertainment value’ into their pitches for funding.
Measuring the success of a bank innovation program is best accomplished by focusing on inputs, outputs and processes.
Banks that are able to innovate on a continuous basis do so by building a culture that sparks and sustains innovation, say past winners of the BAI-Infosys Finacle Global Innovation Awards.
Both innovation and expense reduction will dominate the top 10 trends for retail banks in 2015.
Infosys Finacle executive Michael Reh says banks need to leverage modern technology for innovation to generate new revenue sources and accelerate profitable growth.