INNOVATION IS WHEREVER YOU BUILD IT

WELCOME TO FINTECHTALENTS BUILDING SOCIETIES

A Virtual Journey through the World of Digital Transformation - 21st October 2020 at (9:00 am GMT + 1) - FREE TO ATTEND

At FinTECHTalents we are on a mission to unite leaders from building societies, credit unions, technology providers and FinTechs – all with a vision to transform and future proof the UK’s mutual banking sector.

Join a community of innovators as we explore the obstacles and opportunities that lie ahead.

Festival Headline Sponsor...

THE SCALE OF OPPORTUNITY

25 million

UK Customers served by 43 Building Societies

95%

Satisfaction rate from Building Society customers

£290 billion

Held in savings with a Building Society

23%

Of all UK mortgages provided by a Building Society

1/3 UK

Has a financial relationship with a Building Society

The Journey began with Innovation...

Responding to social need, Building Societies set out to offer something new – a collective way to help members achieve financial goals.

Fast forward over 200 years and Building Societies remain proud pillars of their communities. Regardless of scale, they are committed to providing services which meet genuine need and don’t leave anyone behind.

This purpose will not change any time soon. But the way in which they fulfill it will evolve.

No organization can escape the current pace of technological change. Digital solutions have quickly become an expected aspect of daily interactions, which the recent international pandemic has escalated to a necessity.

Each on a unique digital journey, Building Societies are looking to harness transformative technologies and fintech solutions, empowering them to continue delivering the best outcomes to current and future customers.

These institutions may be long-established, but their potential for innovation should not be overlooked.

Innovation is wherever you build it, and a digital future has infinite possibility.

250 VIP Attendees

Rockstar Speaker Line-Up

30 Building Societies

100 Fintechs

Engaging Content Sessions

Live Interactive Networking

KEY THEMES

THE POWER OF OPEN BANKING

If customer confidence in the process can be built, Open Banking could present a real opportunity for data driven insights to inform the Building Society product offering. It has the potential to improve services and open the door to holistic wealth management.

THE CHANGING WORLD OF LENDING

Machine learning, digital identity, automation and other technologies could be set to shake up the world of residential mortgages and SME lending. How do these innovations fit into the process alongside experienced lenders and intermediaries?

DIGITAL: NO MATCH FOR THE HUMAN TOUCH?

Technology, while an enabler for some, may be an inhibitor for others. Even in a new world of remote working, the Building Society approach requires technology to augment, rather than replace the trusted human interaction many members value.

THE AGE-OLD QUESTION OF LEGACY

The challenges facing Building Societies as innovators vary depending on their structure, culture and scale. Which route – in-house development, 3rd party partnership, purchasing fintech – is best to overcome legacy, meet regulation and produce gradual, scalable change?

PURPOSE-DRIVEN TRANSFORMATION

Building Societies look beyond efficiency and profitability, striving to only implement digital change which has measured, positive impacts for the communities they serve. How can innovation drive inclusion, diversity and sustainability, rather than being for innovation’s sake?


INNOVATING TO COMPETE IN A DIGITAL WORLD

How can Building Societies develop their product offering to reflect an evolving socio-economic climate and a growing appetite for digital-first services. How can they bring on board the right digital expertise to make innovation work for staff and customers?

Question:

I’m working to implement digital transformation and FinTech at a Building Society. But why should I be part of this event?

  • FTT Virtual Building Societies will challenge convention and encourage innovative thinking on how to succeed with digital transformation in the current climate.
  • Building Societies will be able to drive the conversation on the potential of new technologies, showcasing achievements and demystifying any aspects of fintech you’ve yet to embrace.
  • Through targeted networking Building Societies can meet with those fintechs, start-ups and tech providers with specific solutions to your unique challenges and explore genuine potential for collaboration.

Question:

I’m from an innovative FinTech company and want to explore opportunities to collaborate with Building Societies. But what can I gain from being part of this event?

  • For technology providers the Building Society product timeline can appear seamless compared with a top-tier bank. The opportunity for collaboration is clear, but this isn’t an off-the-shelf sell.
  • FTT Virtual Building Societies will give fintechs the opportunity to really understand what Building Societies are looking for in a partnership. Through case-studies of successful implementations and discussions about the obstacles faced, we will explore how you can cater to a Building Societies unique needs and work alongside them to mutually create solutions.

REGISTER YOUR INTEREST

In these difficult times we want to bring our community together and make distance irrelevant. Virtual festival tickets give you acess to the exhibition area, content and networking sessions, and are free through the application process below. Together we are stronger!



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