By Oliwia Berdak for the Amrican Banker. Oliwia Berdak is a senior analyst at Forrester Research.
These days most banks seem to have an innovation lab, accelerator or a venture capital fund to encourage tech experimentation. But these corporate startup programs are driven by either hope, fear or a herd effect. That is, if their banking competitors have a vehicle to promote innovation, they need one too. (more…)