Nothing Ventured, Nothing Gained: Rewiring the DNA in BankingAlex Manson Nothing Ventured, Nothing Gained: Rewiring the DNA in Banking offers a behind-the-scenes look at how SC Ventures, Standard Chartered Banks, Standard Chartered Bank’s innovation, fintech, investment and ventures arm, embraced disruption to thrive in an era of rapid change. In today’s evolving financial landscape, business leaders know that innovation is key to sustainability, yet many hesitate to embrace the full scope of transformation. Written by the CEO, Alex Manson, and thought leaders within the bank, Nothing Ventured, Nothing Gained reveals how SC Ventures overcame this challenge by fostering innovation, investing in disruptive financial technology, and exploring alternative business models. This candid account showcases the rise of SC Ventures, a leader in the fintech and venture capital industries. Essential reading for anyone interested in the future of banking and the forces reshaping the industry |
Contents
The Genesis of SC Ventures | 1 |
Catalysing Internal Innovation | 9 |
CardsPal Credit Card Rewards Made Easy | 15 |
The eXellerator Welcoming Startups with Empathy | 23 |
The eXellerator Old Meets New | 31 |
TASConnect The Operating System of Trade | 39 |
The eXellerator New Meets Old | 45 |
Building the SC Ventures FinTech Bridge | 51 |
Rewiring the DNA through Experimentation | 109 |
Cultural Prerogatives Diverse and Flat | 125 |
The Biggest Enabler Culture | 135 |
Autumn | 143 |
The Role of Technology in SC Ventures | 151 |
Mox A New Virtual Bank | 155 |
Control Prerogatives Getting the Governance Right | 165 |
Zodia Rethinking the Role of Banks in the Crypto Revolution | 171 |
Corporate Venture Capital Investment Too Close or Too Far Rarely Just Right | 57 |
The Birth of Jarvis | 63 |
Creating Optionality for Banking through New Ventures | 67 |
Venture Building Designing a Clear Path for Ideas | 81 |
The Road Ahead Corporate Venturing Quo Vadis? | 87 |
SOLV A B2B ECommerce Marketplace for Small Businesses | 93 |
Audax Transforming Banking Technology from Legacy to Limitless | 101 |
Compliance The Agile Compliance Officer | 177 |
Legal The TShaped Counsel | 181 |
Finance Cash is King | 187 |
Afterword Brace Yourself for More Change | 193 |
References | 197 |
