June 11, 2018
In an age where collaboration is key to success in the financial services industry, banks and technology providers are looking to build deeper relationships with FinTechs. The task at hand is not an easy one – the total number of FinTechs in the industry today stands at more than 11,000, making it difficult to find the right partner. The key to successful collaboration is to have in place a comprehensive program that identifies, evaluates, and onboards FinTechs that are best-suited for each bank’s unique requirements.
Recently, we had the pleasure of interviewing Hannes Cizek, Head of Group Digital Banking at Raiffeisen Bank International AG (RBI), who described the banks’ Elevator Lab initiative, designed to offer a scaling platform for FinTechs with potential access to 16.6 million customers in Austria and the CEE region.
Nicolo Petrone: Raiffeisen Bank International (RBI) is currently looking for applicants for the second round of its FinTech accelerator Elevator Lab. What were your main learnings ...