U.S. Bank has been at innovation for 10 years and has seven teams working on it. Stephanie Hammes-Betti heads up one of those groups, Innovation Design. She describes her work as the front end of innovation, looking for new ideas to bring to the bank to evaluate.
Read MoreFrom an internal competition for innovative solutions to being a founding member of MassChallenge Fintech, Citizens Bank is looking to embrace change. Lamont Young, Executive Vice President and Head of Digital and Experience Design, shares how the bank looks for ways to improve the customer experience, reduce costs, and make paper processes digital.
Read MoreWhile it may be more than 200 years old, Eastern Bank is not a newcomer to innovation. Chair and CEO Bob Rivers and head of Eastern Labs Ashley Nagle Eknaian discuss its innovation labs — the first spun off an award-winning small business lending program, and the second lab combines internal innovation with partnerships in a portfolio approach to new developments.
Read MoreAs the 2010s dawned on us, they also ushered in a new wave of job functions (data scientists, mobile app developers, chief innovation officers, and any number of ninjas). What will be the buzzworthy job titles of the next decade?
Read MoreSpanish Bank BBVA is embarking on a partnership with the e-commerce giant Amazon.
Read MoreSome say that, going forward, proptech (technology innovation focused on real estate and housing) won’t be something to be added on to property management, but will be baked in from the beginning.
Read MoreWhen it comes to embracing digital, banks often don’t know where to begin. Legacy tech infrastructure makes it hard to quickly innovate on the fly, as start-up tech firms do.
Read MoreFinancial service firms have expressed greater interest in digital innovation, but can they make the shift?
Read MoreThe Financial Revolutionist is weekly newsletter and blog focused on the torrid pace of financial innovation. Today, thanks to the exponential rate of technological change, explosion in global trade and new regulations ushered in by the Great Financial Crisis, a new financial revolution is under way. In this battle, virtually every aspect of the greater financial services sector is subject to rigorous challenge. With the Financial Revolutionist, we are aspiring to create a boots-on-the-ground and highly opinionated assessment of important financial innovation developments in the past week.
