Together with the agency HYVE HypoVereinsbank is launching the HVB Innovation Lab, where prototypes for innovations in financial technology will be developed.
By outsourcing the innovation division from existing structures, particularly practical and customer-oriented products are to be created. Boris Skukanec Hopinski, Chief Digital Officer and Head of Corporate Development at HypoVereinsbank, explains:
"Digitalization is fundamentally changing the demands and expectations of bank customers across all areas. For the bank's successful digital future, this means, above all, speed and innovative strength. Therefore, external impulses are an integral and important component of our innovation and transformation process. With the HVB Innovation Lab, we have created a place where specialist and banking knowledge, innovative spirit, and technological expertise converge, creating added value for our customers."
HYVE board member Prof. Dr. Johann Füller says:
“In the HVB Innovation Lab, we are breaking new ground together with HypoVereinsbank.
From analysis to idea development and prototyping, the Innovation Lab, according to Dr. Füller, takes a holistic approach.
The industry certainly isn't lacking in innovation pressure—after all, FinTech startups are considered highly sought-after investment opportunities and future competition for established banks. We can therefore certainly look forward to the upcoming developments in the innovation lab.
