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TechvisionJanuary 2 2019

Barclays’ innovation team rises to the fintech challenge

Kirsty Rutter, chief innovation officer at Barclays UK, describes to Joy Macknight how the bank is using its fintech platform, Rise, to find the right start-ups with which to partner to deliver value to its business lines. 
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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.

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Joy Macknight is the editor of The Banker. She joined the publication in 2015 as transaction banking and technology editor. Previously, she was features editor at Profit & Loss, editorial director at Treasury Today and editor at gtnews. She also worked as a staff writer on Banking Technology and IBM Computer Today, as well as a freelancer on Computer Weekly. She has a BSc from the University of Victoria, Canada.
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