When it comes to financial services, banks, insurance companies and fintechs are in a constant race to meet the ever-evolving needs of their customers. The goal is to innovate, distinguish themselves from competitors, enhance the customer experience and journey, and even uncover new revenue streams.
In this second edition of the Financial Innovation Spotlight, we've handpicked five new and intriguing projects that caught our attention. It's a global journey that begins in Brazil, where Nubank offers a travel planning platform for its affluent customers. Then, we head to Australia, where Westpac sends out notifications to help its customers maximize their earnings. Next stop: Malaysia, where Hong Leong Islamic Bank provides an all-in-one integrated Islamic banking solution for SMEs. Meanwhile, in Canada, insurer Sun Life introduces a life insurance product tailored for individuals living with diabetes. Finally, in France, Banque Populaire steps up with a zero-interest loan to facilitate the establishment of healthcare practitioners in medical deserts.
