Tag: Innovation

Efficient development is often highlighted as the key differentiator between big banks and fast-moving fintechs, and by reorganizing itself behind the scenes, Wells Fargo is trying to buck the trend. To create a more cohesive digital experience – and ward off fines and fintech competitors – Wells Fargo revamped its digital strategy to create teams […]

Dedicated innovation centers have become a go-to way for incumbents to galvanize creativity, agility, and ambitious projects in emerging areas like Web3 or the metaverse.   $548 billion-asset Truist just announced a new stand-alone innovation group called Foundry, which will work across the bank to build new products and features. The unit aims to operate […]