Things recently read, seen, and heard at Qorus - Edition #34

Discover the articles, interviews and a study of this week.

Qorus Exclusive Content

Innovation radar: Financial literacy for kids

Teaching children and teens how to manage their money is crucial, yet this type of practical teaching is not usually covered in the school curriculum. So, banks are doing it, and they're getting very creative with it, whether it's physical or distance learning courses, or giving children the opportunity to experiment with money management through programs and games. We took a look at the different financial literacy projects launched by the banks and had a lot of fun.

Read the full study here.

Banco Pichincha: building inclusion by empowering women entrepreneurs

On this International Women's Day, we have chosen to tell you more about one of the great innovative projects presented in the Qorus-Accenture Banking Innovation Portal. It is SER Impulso Mujer, a financial inclusion initiative launched in 2017 by Banco Pichincha that aims to address the unequal access to financial services between men and women in Ecuador and to capitalize on the market opportunity presented by women entrepreneurs.

Read the full study here.

The future of financial well-being

Financial well-being is a set of concepts and tools which enable banking customers to create a long-term plan to provide them with comprehensive financial security. When we look at the market applications of this concept, there are four essential elements: control over day-to-day finances, capacity to absorb financial shocks, financial freedom to make choices, and being on track to meet your financial goals. Fatih Ogun and An?l Birinci who are heading the strategy at Akbank take a close look at each of them.

Read the full article here.

Device as a service (DaaS) business model – implications for circular economy

Climate change requires a fast transformation towards a carbon-conscious economy as well as new consumption and production patterns. XaaS (everything as a service) models contribute to this transformation by creating true value for customers – with less material, waste, and operating costs. Why? Because XaaS models are by definition more demand-driven and customized to the customers’ actual needs, contrary to the traditional linear ‘take-make-dispose’ principle. Nicole Daschner, Strategic Partnerships and Sustainability at Everphone tells Qorus more about it.

Read the full article here.

Reshaping banking: Erste Bank Hungary

Laszlo Bek-Balla is the Head of Digital & Contact Center at Erste Bank Hungary. In this interview with Qorus and ebankIT, he shares how his institution's digital transformation aims to meet changing customer expectations caused not only by emerging fintechs or neobanks, but also by digital service standards experienced in other fields of life. This interview is a part of the upcoming Digital Reinvention Radar 2023 report brought to you by the Digital Reinvention Community.

Read the full interview here.

Maturity of customer data: Bosna Bank International

Azra Hadziomeragic is Retail Board Member at Bosna Bank International. She tells Qorus and Wavestone how they utilize data in order to enhance their customer experience.

Read the full interview here.

NewTech Friday: ChapChap – Empowering people through the tools of technology

ChapChap was among the firms selected for the LHOFT 2022 Catapult Inclusion Africa Program. Ambrose Opolot, ChapChap’s CEO, tells us more about the Uganda fintech firm and how they provide financial digital tools to MSMEs in Africa, enabling informal entrepreneurs to access new business opportunities and financing to grow.

Read the full interview here.

Open Finance Community Insurtech challenge: dacadoo

Qorus and Capgemini unveil the shortlist for the second awards category of Open Finance Community NewTech Challenge: Insurtech. The awards aim to appraise and recognize the most innovative projects, initiatives and ideas in the insurtech industry. One of the finalists is dacadoo; its President & CEO Peter Ohnemus, together with his marketing team and its manager Fernando Doblas, tells us more about it.

Read the full interview here.

Open Finance Community Insurtech challenge: LactApp

Qorus and Capgemini announce the second awards category of Open Finance Community – NewTech Challenge: Insurtech. They aim to appraise and recognize the most innovative projects, initiatives and ideas in the Insurtech industry. One of them is presented by LactApp and its International Business Development Lead Christiane Gross tells us more about it.

Read the full interview here.

Open Finance Community Insurtech challenge: EasySend

Qorus and Capgemini unveil the shortlist for the second awards category of Open Finance Community NewTech Challenge: Insurtech. The awards aim to appraise and recognize the most innovative projects, initiatives and ideas in the insurtech industry. One of the finalists is EasySend and its Communications and Events Manager Elyssa Bloom tells us more about it.

Read the full interview here.

Open Finance Community Insurtech challenge: Zing Cover

Qorus and Capgemini announce the second awards category of Open Finance Community – NewTech Challenge: Insurtech. They aim to appraise and recognize the most innovative projects, initiatives and ideas in the Insurtech industry. One of them is presented by Zing Cover and its Founder & CEO Rob Korzinek tells us more about it.

Read the full interview here.

?

Curated industry News

Walmart and Citi introduce the Bridge built by Citi platform to Walmart suppliers. Learn more here.

UOB completes the acquisition of Citigroup’s consumer banking business in Vietnam. Learn more here.

Lloyds Banking Group invests ￡10 million in digital identity company Yoti. Learn more here.

CaixaBank lets public authorities to incorporate Bizum to the tax payment process systems. Learn more here.

Mox offers a fully digital “four-in-one” loan application service. Learn more here.

Post-Covid surge in business start-ups fuels mobile payments. Learn more here.

Chubb introduces Chubb Climate+ and announces leadership appointments for global climate business unit. Learn more here.

Zocdoc and Zaya Care deliver improved access to pregnancy and postpartum specialty care, covered by insurance. Learn more here.

Gibraltar BSN allows customers to purchase protection solutions through a chatbot. Learn more here.

Esusu partners with Sure to offer renter's insurance to its nationwide community. Learn more here.

Brankas launches Asia Pacific's first multi-bank API for instant account opening. Learn more here.

Wemade announced a strategic investment in HwikGo, a smart mobility service platform firm. Learn more here.

MultiversX Labs launches the first Super App to reimagine digital finance, AI avatars, chat, opening Web3 and Metaverse experiences to everyone. Learn more here.