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The question formed the basis of a fast-paced and insightful panel at FinTECHTalents Building Societies on October 21st. Panellists discussed how the foundations of a digital culture, where innovation is embraced and the right talent brought on board, can accelerate transformation. The strength of the discussion came from the wide variety of perspectives represented by
At FTT Building Societies on 21st October, Alex Beavis, Head of Mortgage Products at Skipton Building Society and Matt Lowndes, Innovation Director at the Mortgage Advice Bureau discussed the Changing Landscape of Lending. In this fireside chat they talked about the potential impact of everything from Machine Learning to Distributed Ledger, to Open Banking and
During FTT Building Societies on 21st October, there was one issue of great importance which discussion continued to circle back to. As the mutual banking sector navigates an acceleration towards digital, it is important to acknowledge that innovation is not an end in itself. For Building Societies, new technologies should always be implemented with the
The successful launch of FinTECHTalents Virtual Building Societies on 21st October 2020, united a driven and dedicated community of innovators. The day sparked new ideas and encouraged constructive debate on the power of digital transformation to boost the unique services building societies, credit unions and community banks provide. Above all it was clear that no
Hali Khan, Vice President – EMEA at Zafin joined us for our ongoing series – FTT Chats – where we sit down with the great and the good of FinTech to discuss innovation, new entrants, and emerging technologies. During our chat Hali discussed the fundamental notion of customer-centricity, for financial institutions truly looking to put their customer
The founding of the UK’s first Building Society was an act of innovation, built entirely on the needs of the people. The, perhaps familiar, story began in the year 1775. A society, the first of it’s kind, was set up to pool the resources of its working-class members, giving each the chance to purchase land
Building Societies are long established, member-owned and uniquely purpose-driven financial institutions. Regardless of scale, they are committed to providing products and services which meet genuine need, without leaving anyone behind. This commitment will not change any time soon. But in an increasingly technology-first financial industry, the way in which Building Societies fulfil their purpose will
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