Digital innovation: what can the West learn from the East?
Just like many other industries, finance is changing rapidly with the rise of new data-driven technologies and the implementation of new regulations that influence how financial data is treated and shared across industries. Now more than ever, data is a critical resource to resolve various problems, such as financial inclusion and health of citizens.
While incumbent banks around the world have exhibited responses that are still on the defensive side, some banks in the Asia Pacific Region have moved quickly to solidify an understanding that data-driven innovation and collaboration are the ‘name of the game’. We see examples of how they have started to solve their societies’ particular pain points through better, faster, cheaper products/services and ‘digital experiences’. Furthermore, banks in developing nations may have a particular advantage to leapfrog existing infrastructures and their shortcomings to address societal challenges through advanced technology.
In this fireside chat, Likhit Wagle of IBM and Professor Pinar Ozcan of Oxford Future of Finance and Technology Initiative will explore cases from the Asia Pacific Region to understand what strategies and organisational structures enable an effective transformation to become a data-driven innovation leader in banking.
Date:
1 December 2022, 18:00 (Thursday, 8th week, Michaelmas 2022)
Venue:
Saïd Business School, Park End Street OX1 1HP
Speakers:
Pinar Ozcan (Professor of Entrepreneurship and Innovation, and Director of the Oxford Future of Finance and Technology (Fintech) Initiative, Saïd Business School),
Likhit Wagle (Managing Partner Financial Services, IBM Consulting EMEA)
Organising department:
Saïd Business School
Organiser contact email address:
oxfordsaid.events@sbs.ox.ac.uk
Part of:
Future of Business
Booking required?:
Required
Booking url:
https://said-futureofbusiness-likhitwagle.eventbrite.com/?aff=OxfordTalks
Booking email:
oxfordsaid.events@sbs.ox.ac.uk
Cost:
Free
Audience:
Public
Editors:
Tiffany Franklin,
Esmee Barwood
