Crowdsourcing for Bankers
2010, May 04
BrandPotion's a great example of how to
crowdsource advertising. But there are interesting examples of how crowdsourcing's
coming into play in other sectors. Here's one example of how crowdsourcing may
revolutionise banking.
SWIFT,
the Society for Worldwide Interbank Financial Transactions, is an organisation,
handling 15 million financial transactions, on an average, for more than 8,000
banks around the world. The organisation works like a carrier of messages,
instead of like a bank, and has an innovation department that's setting up a
way for those in the field to find creative ways to make banking quicker and
simpler.
The department at SWIFT has started Innotribe, a website that sources new,
creative ideas for new products, services or processes from bankers around the
world. Ideas range from the complex and game-changing (like eMe, an electronic
security deposit box, or safe, where you can store data that'll help you make
online payments and purchases) to the simple and evolutionary (like T-score,
creating a trust passport based on scoring on social networks, similar to
employers checking possible employees' reliability based on their social
networks).



1 Comment
RSSdiveshmehta wrote on May 26, 2010 04:53 AM
Financial institution have changes their face since long and this step will open new avenues. Though the ideation is easy in this sector but execution is something very difficult..SO lets see what they come out with…..
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