Barclays’ fintech accelerator programme, the flagship initiative in its Rise network, has evolved since its launch in 2014. While it helped to build the bank’s reputation in the fintech community, previously there was a disconnect between the lab and the bank. This was deliberately changed when Kirsty Rutter, chief innovation officer for Barclays UK, joined in June 2017.
Ms Rutter’s mission is twofold: to work with the bank’s business lines to understand their strategic objectives, and to find partners in the fintech ecosystem to co-create with and deliver on those strategies.