The advantage of FinTechs is that they can usually respond to customer feedback and pivot quickly. They are considered more agile than big banks. But that doesn’t mean all innovation is happening outside the banks. Several banks have been participating in the disruption and hiring people to shift their organizations from the inside.
Today, JP Nicols, co-founder of the Bank Innovators Council, is stepping in as host! He talks with Jaidev Shergill of Capital One, Scarlett Sieber of BBVA, and John Schulte of Mercantile Bank of Michigan about the innovation inside of their organizations and how different organizations are approaching innovation.
We also speak to Tom Groenfeldt of Forbes about how a bank in NZ is using mapping data to better serve our customers. And Ian Kar from Quartz is on to discuss the new JP Morgan lending platform, Apple P2P, and more!