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INSIGHTS REPORT

Learnings from Bank-Fintech Partnerships

In this report, we explore what it takes to create successful bank-fintech partnerships alongside our partners including Swedbank and ING.

We also explore how to balance the opportunity versus the risks involved in such partnerships.

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From Competition to Collaboration

Banks today have begun to recognize the benefits of collaborating with tech-savvy organizations.

Fintech companies are equally aware that their success hinges on access to the infrastructure, customers, and data that banks have at their fingertips.

When done successfully, a collaboration between the two leads to innovative feature development.

In this report we will cover:

- How to mitigate risk between banks and fintech.

- What makes a partnership successful?

We should embrace embedded finance and technologies as a key pillar to servicing our customers well.

Stephanie Van Avesaat, Innovation Lead at ING Belgium & Head of ING Labs Brussels

Risk Management Becomes the Key to a Successful Partnership

In a fast-paced environment exploring new ways to interact with customers, a close collaboration between the bank and the third-party service provider is essential in order to mitigate risks and maximize the chances of partnership success.

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