SuperTech WM and FinTech Scotland have launched a Financial Regulation Innovation Lab (FRIL) Challenge. This initiative is designed to help partners shape solutions around key Consumer Experience areas, with the goal of transforming customer outcomes through cutting-edge innovation.
FinTechs from around the world are invited to apply for a chance to collaborate with major players in financial services, with Advance Credit Union taking part to see how innovation can support what we offer and how we offer our products and services to our members.
As SuperTech WM notes, “Working with our amazing partner FinTech Scotland, we’re committed to shaping innovative solutions to drive positive outcomes for consumers. The addition of these partners (including Advance Credit Union) from the community lending space brings a richness to the programme that is genuinely exciting for all involved.”
Helen Toft, Advance Credit Union’s Non-Executive Director also comments, “As a Credit Union, our priority is always to our members and ensuring we offer them the best products and services that fit their needs. Our ability to serve our communities can only be strengthened through our partnership in this innovation challenge, with its focus on Consumer Duty and use of data.”
For any technology companies interested and want to find out more, applications are open to companies at all stages of development that can help tackle the improvement of consumer insight and reporting, leading to cost savings and better consumer outcomes.
If you have a tech solution that could answer some of the challenges, apply now and be part of this exciting journey! https://buff.ly/4el9nV1