Innovating in banks is hard.
It’s even harder doing it alone.
FinTech entrepreneurs have incubators, accelerators, VCs and hackathons to support and encourage innovation, but banks are on their own.
Today I am excited to introduce the launch of the Bank Innovators Council, along with my co-founder, former BBVA Compass executive and fellow innovator Will Trout.
We know that most banks are not able to afford their own innovation labs and teams.
But we also know they can’t afford not to innovate.
The Bank Innovators Council is primarily designed for financial institutions without fully developed innovation capabilities. The council will provide opportunities for members to pool their resources to develop and test new ideas outside of the day-to-day demands of their existing businesses, in ways they could not do alone. We will also curate outside research and technology and help bank innovators create, test and launch new ideas.
Read today’s full press release.
Launch Party in New York during Finovate Fall
We are hosting a launch party for the Bank Innovators Council on September 10, 2013 in New York, coinciding with the Finovate Conference September 10-11, where 60 FinTech companies will demo their latest technology to an expected crowd of 1,000 bankers, investors, analysts and members of the media.
Limited spots remain for the launch event, and requests to attend can be made here.