Open Innovation in Banking Summit 2019
04 October, 2019 - 04 October, 2019
Paris, France
Innovation remains a key challenge for Banks. The current business landscape sees banks caught between an uncertain world economy and growing costs of innovation. They face pressure to reduce costs and introduce innovative products. There is also a threat of disintermediation by financial technology (FinTech) firms, which are looking to provide more innovative services than banks but at lower costs. In this era of competition, Banks are turning t...