Driving Innovation in Banking: Intrapreneurs, Fintech Partnerships, and Venture Growth

This panel session features covers how innovation can be driven within the banking and financial services sector, focusing on the collaboration between financial institutions, fintechs, and tech companies.

 

Driving Innovation:

  • Panelists discuss various models of innovation within banks, including experimenting within controlled environments and focusing on client needs.
  • Emphasis on both internal disruption and external partnerships to foster innovation.

Regulatory and Compliance Challenges:

  • Balancing innovation with compliance and regulatory requirements.
  • Importance of involving regulatory bodies early in the innovation process to ensure alignment and avoid conflicts.

Success and Failure in Innovation:

  • How to measure success in innovation projects.
  • The necessity of accepting and learning from failures.
  • Techniques such as fail-fast strategies and having clear checkpoints for evaluating projects.

Engaging with Fintechs and Startups:

  • The importance of alignment between financial institutions and fintech startups.
  • Developing trust and maintaining ongoing communications.
  • Recognising and navigating potential cannibalisation of bank services by fintech solutions.

Regional Differences in Innovation:

  • Variances in innovation approaches across regions like Europe, the Middle East, and Asia-Pacific.
  • Impact of local regulatory environments and market needs on innovation strategies.

 

Conclusion

This panel discussion provides a comprehensive perspective on the multifaceted approach required to drive innovation in the banking and financial services industry through collaborative efforts between financial institutions, fintechs, and regulators.

 

Watch Full Session

 


 

 

Speakers:

  • Biju KK, Head of Fintech Solutions, FCAT, Fidelity Investments
  • Fernando Plaza, Group Chief Digital Officer, ADIB
  • Kampanat Vimolnoht, Managing Director, Kasikorn X Venture Capital
  • Shariq Plasticwala, Director and Board Member, Amazon Pay, Amazon
  • Victoria Sanchez-Terry, Head of Innovation Asia Pacific, BNY

 

Moderator:

  • Oliver Bussmann, Chief Executive Officer, Bussmann Advisory
{% set __temp_meta_current_path_39377387__,current_path = current_path,'GFTN 2025/templates/layouts/base.html' %}
{% for __ignored__ in [0] %}{% set GLOBAL_INCLUDE_PATH,current_path = 'GFTN 2025/templates/partials/footer.html','GFTN 2025/templates/partials/footer.html' %}
{% for __ignored__ in [0] %}{% set current_path = '/GFTN 2025/modules/partials/Footer.module/module.html' %}{% set module = namespace({'footer_menus': [{'footer_menu_lists': [{'footer_menu_links': {'type': 'CONTENT', 'content_id': 198901493820, 'href': 'https://39936595.hs-sites.com/who-we-are', 'href_with_scheme': null} , 'footer_menus': 'Who We Are
'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198514132792, 'href': 'https://39936595.hs-sites.com/what-we-do', 'href_with_scheme': null} , 'footer_menus': 'What We Do

'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198619955619, 'href': 'https://39936595.hs-sites.com/who-we-serve/', 'href_with_scheme': null} , 'footer_menus': 'Who We Serve'} ], 'footer_menu_title': 'SERVICES'} , {'footer_menu_lists': [{'footer_menu_links': {'type': 'CONTENT', 'content_id': 198506374503, 'href': 'https://39936595.hs-sites.com/europe', 'href_with_scheme': null} , 'footer_menus': 'GFTN Europe
'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198941569117, 'href': 'https://39936595.hs-sites.com/middleeast-africa', 'href_with_scheme': null} , 'footer_menus': 'GFTN Middle East and Africa'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198927191427, 'href': 'https://39936595.hs-sites.com/southeastasia', 'href_with_scheme': null} , 'footer_menus': 'GFTN Southeast Asia '} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198950405946, 'href': 'https://39936595.hs-sites.com/japan', 'href_with_scheme': null} , 'footer_menus': 'GFTN Japan
'} ], 'footer_menu_title': 'OUR LOCATIONS'} , {'footer_menu_lists': [{'footer_menu_links': {'type': 'CONTENT', 'content_id': 198917225523, 'href': 'https://39936595.hs-sites.com/become-a-corporate-member', 'href_with_scheme': null} , 'footer_menus': 'Corporate Membership'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198548615858, 'href': 'https://39936595.hs-sites.com/join-the-network/apply-to-partner', 'href_with_scheme': null} , 'footer_menus': 'Partner With Us'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198970999928, 'href': 'https://39936595.hs-sites.com/join-the-network/apply-to-speak', 'href_with_scheme': null} , 'footer_menus': 'Apply To Speak '} ], 'footer_menu_title': 'GET INVOLVED'} , {'footer_menu_lists': [{'footer_menu_links': {'type': 'CONTENT', 'content_id': 198396797522, 'href': 'https://39936595.hs-sites.com/press', 'href_with_scheme': null} , 'footer_menus': 'Press Releases'} , {'footer_menu_links': {'type': 'CONTENT', 'content_id': 198866819921, 'href': 'https://39936595.hs-sites.com/press/coverage', 'href_with_scheme': null} , 'footer_menus': 'GFTN in the News '} ], 'footer_menu_title': 'LEARN MORE'} ], 'footer_logo': {'size_type': 'auto', 'src': 'https://39936595.fs1.hubspotusercontent-na1.net/hubfs/39936595/Group%202238.svg', 'alt': 'Group 2238', 'loading': 'lazy', 'width': 82, 'height': 24, 'max_width': 82, 'max_height': 24} , 'footer_bottom_details': {'privacy_policy_text': 'Privacy Policy', 'address': '6 Battery Road, #28-01, Singapore, 049909', 'company_name': 'Global Finance & Technology Network Limited', 'policy_page_url': {'type': 'CONTENT', 'content_id': 198967327339, 'href': 'https://39936595.hs-sites.com/privacy-policy/', 'href_with_scheme': null} } , 'type': 'module', 'social_wrap': [{'social_image': {'size_type': 'auto', 'src': 'https://39936595.fs1.hubspotusercontent-na1.net/hubfs/39936595/icon%20(2).svg', 'alt': 'icon (2)', 'loading': 'lazy', 'width': 27, 'height': 21, 'max_width': 27, 'max_height': 21} , 'social_links': {'type': 'EXTERNAL', 'content_id': null, 'href': 'https://www.linkedin.com/', 'href_with_scheme': 'https://www.linkedin.com/'} } , {'social_image': {'size_type': 'auto', 'src': 'https://39936595.fs1.hubspotusercontent-na1.net/hubfs/39936595/Vector%20(17).svg', 'alt': 'Vector (17)', 'loading': 'lazy', 'width': 21, 'height': 21, 'max_width': 21, 'max_height': 21} , 'social_links': {'type': 'EXTERNAL', 'content_id': null, 'href': 'https://www.linkedin.com/', 'href_with_scheme': 'https://www.linkedin.com/'} } , {'social_image': {'size_type': 'auto', 'src': 'https://39936595.fs1.hubspotusercontent-na1.net/hubfs/39936595/Vector%20(16).svg', 'alt': 'Vector (16)', 'loading': 'lazy', 'width': 20, 'height': 21, 'max_width': 20, 'max_height': 21} , 'social_links': {'type': 'EXTERNAL', 'content_id': null, 'href': 'https://www.linkedin.com/', 'href_with_scheme': 'https://www.linkedin.com/'} } , {'social_image': {'src': 'https://39936595.fs1.hubspotusercontent-na1.net/hubfs/39936595/telegram%20(1).png', 'alt': 'telegram', 'width': 24, 'height': 24, 'max_width': 24, 'max_height': 24} , 'social_links': {'type': 'EXTERNAL', 'content_id': null, 'href': '', 'href_with_scheme': ''} } ]} ) %}{% set html_wrapper_id = 'hs_cos_wrapper_module_1759930972765114' %}{% endfor %}
{% endfor %}
{% set current_path,__temp_meta_current_path_39377387__ = __temp_meta_current_path_39377387__,null %}