FinTech Magazine December 2020 | Page 58

VENTURE CAPITAL

ING ’ s Olivier Guillaumond outlines the company ’ s philosophy of fostering local innovation in order to drive the global progression of financial services

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n the current financial services industry , fostering innovation has arguably never been so crucial . The UK is beset by the dual threat of Brexit and COVID-19-related uncertainty , the latter of which is destabilising a global market that was already in the process of restructuring in the wake of the digital transformation rush ( itself now hastened by the pandemic ). Clearly , if it is to thrive in 2021 and beyond , finance will need to remain flexible , adaptable and open to dynamic disruption . To help us understand how this goal can be achieved both on a local and global level , we spoke with Olivier Guillaumond , Global Head of Innovation Labs and Fintechs at ING , a company distinguishing itself as a modern pioneer in digital banking .
DECEMBER 2020