SWISS banking giant UBS has launched a competition for game-changing entrepreneurs and technology start-ups around the world.
The UBS Future of Finance Challenge will be delivered in collaboration with several of the leading financial technology crowd-working and accelerator spaces including Level39 and JFDI.Asia, as well as the innovation agency 100%Open.
“By inviting entrepreneurs and startups to present their ideas, UBS also supports a more open and collaborative financial services industry,” the bank said.
The bank wants to support the competition winners in their bid to commercialize and scale their ideas and technologies by leveraging on its global presence, deep expertise in global banking and eco-system of innovation partners.
As the financial industry faces disruption and rapid technology change, UBS seeks further progress by searching for solutions to four challenges for banks going forward: delivering the ultimate client experience, offering superior products, building an efficient operating model and ensuring security in banking.