Innotribe is SWIFT’s initiative to enable collaborative innovation in financial services
SWIFT has always been about bringing added-value to its customers in response to a rapidly changing landscape. As an innovative incumbent, particularly in the areas of real-time payments, compliance and correspondent banking, SWIFT has a leading role to play in driving innovation across its community.
This is why Innotribe was launched in 2009. Benefiting from SWIFT’s central role within the financial industry, Innotribe seeks to reinforce the importance of collaboration when it comes to innovation, supporting all actors of the FinTech sphere, including SWIFT, to move forward together.
Punctuated by new partnerships and exciting events in different regions, 2016 has been great year for Innotribe which pivoted the Startup Challenge to support emerging FinTech ecosystems and introduced a brand new initiative in the Innotribe toolbox: the Industry Challenges.
Amongst industry recognition by Institutional Investor, Financial News and the 2016 Canadian FinTech Awards, the Innotribe team was also thrilled to support the launch of the Global FinTech Hub Federation, a network of emerging as well as established FinTech hubs, in partnership with Innovate Finance.
Next to the debate and discussions generated at Sibos, Innotribe also supports collaborative research, working with proven FinTech enterprises, academics and top industry experts. The first paper foreseen in 2017 explores the top three ’must-haves’ for innovation teams within the financial industry. Innotribe spoke to 11 innovation leaders from top financial services institutions across the globe to learn more about the types of innovation frameworks they use, what works and what does not work when practicing innovation, but also what are the greatest advantages and barriers to innovation. Read more.
We believe it is essential for companies to identify opportunities to work together, share experiences and learnings, and debate common challenges and opportunities. If we want to move forward as an industry, there is nothing better than collaboration across the various fintech communities.Kevin Johnson, Head of Innotribe Innovation Programmes
Throughout the years, Innotribe can count on many professionals within the fintech and financial industry.
Hundreds of sponsors and partners collaborate with Innotribe to further advance innovation in financial services through various initiatives.
Over 500 industry experts, bank decision-makers, venture capitalists and angel investors, also help us with the judging, mentoring and coaching of the companies entering the Startup Challenge programme whilst ensuring they are addressing current business issues relevant to the global financial industry.
SWIFT, the Society for Worldwide Interbank Financial Telecommunications, is a member-owned cooperative through which the financial world conducts its business operations. More than 11,000 members, securities institutions and corporate customers in over 200 countries trust SWIFT every day to exchange millions of standardised financial messages. SWIFT also acts as the catalyst that brings the financial community together to work collaboratively to shape market practice, define standards and consider solutions to issues of mutual interest. This work, and SWIFT’s role as a neutral player in the global financial services community, means SWIFT is particularly well-placed to support and foster independent research into topics relevant to the SWIFT communities and to provide a forum for debate and development
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