Legal cost reduction and simplication opportunity in financial services.
With tech startups playing an integral role in the future of banking, innovation on the legal front can help unlock vast opportunities In a game of word association, chances are that “bank” and “innovation” will not be a pairing that springs to mind for most of us. However, when you consider the evolution of digital payment methods, online and mobile banking apps and the automation of branch interactions, the banking sector has been rich in innovation in recent years. When I joined Barclays after more than 10 years with an innovative fintech solutions company, I was immediately struck by the strong capabilities of our own design and digital teams, and how our strategy was taking us into collaborative relationships with non-traditional innovation partners.
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