Nothing Ventured, Nothing Gained: Rewiring the DNA in Banking

Front Cover
Alex Manson
Emerald Group Publishing, Mar 18, 2025 - Business & Economics - 218 pages

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

 

Selected pages

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
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About the author (2025)

Alex Manson is the Founder and CEO of Standard Chartered Ventures (SC Ventures), the innovation, fintech investment, and venture-building arm of Standard Chartered Bank. With a career spanning over two decades in global finance, Alex has been a driving force in transforming the traditional banking landscape through innovative solutions and disruptive technologies.

Before leading SC Ventures, Alex held various senior leadership roles at Standard Chartered, including Global Head of Transaction Banking, where he played a pivotal role in overseeing cash management, trade finance, and securities services for the bank's global clients. His deep expertise in corporate finance, strategy, and financial technology has positioned him as a visionary leader in modern banking.

Under his leadership, SC Ventures has become a leading incubator for fintech, investing in cutting-edge startups and developing new business models to meet the demands of a rapidly evolving industry.

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