Barclays' stake in Flux demonstrates the success of its accelerator program at a time when incumbents are struggling with in-house innovation projects:
have deepened a relationship with a business because of its positive impact on society or the environment, making a service like Flux appealing to younger demographics.
The news also demonstrates the success of Barclays' accelerator program at a time when incumbents are struggling with their in-house innovation projects.
The bank spent more than £100 million building out Bó, a standalone challenger bank, but the project has recently, not least with Mark Bailie, Bó's CEO, departing weeks after its high-profile debut. As players like RBS struggle with internal efforts aimed at pushing back against fintech disruptors, we could see more players adopting Barclays' approach., Business Insider Intelligence's expert product suite tailored for today's decision-makers in the financial services industry, delivered to your inbox 6x a week.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Penn National Gaming Takes Minority Stake in Upstart Barstool SportsCasino operator Penn National Gaming will take a minority stake in Barstool Sports, the upstart sports site with a flair for the rambunctious, the latest example of how companies that produce conte…
Leer más »
BMJ backs Patchwork startup in bid to tackle NHS staffing crisis - Business InsiderThe two doctors founded Patchwork after struggling to find work-life balance in the UK's healthcare system.
Leer más »
Airbnb quietly acquired an AI content moderation startup in 2018 - Business InsiderAs Facebook, YouTube, and Twitter were facing increased scrutiny over how they policed their platforms, Airbnb decided to update its approach as well.
Leer más »
Amazon and Deliveroo argue that UK competition probe is 'speculative'Both firms say the CMA's probe into Amazon's minority stake in Deliveroo fails to provide evidence of existing competition between them.
Leer más »
Amazon's third-party seller business is bigger, more profitable than AWS - Business InsiderAmazon's cloud-computing businesses gets lots of attention. But people are missing a key part of its retail business.
Leer más »
How CEO of fertility app Natural Cycles recovered from business crisis - Business InsiderElina Berglund, cofounder and CEO of Natural Cycles, ismore hands-off now than while starting her company, which is more beneficial. She has also learned how to deal with the media since facing a brand crisis.
Leer más »