TITLE

BANKS INCUBATE THE INNOVATION FIXATION

AUTHOR(S)
Hoffman, Karen Epper
PUB. DATE
February 2010
SOURCE
Bank Technology News;Feb2010, Vol. 23 Issue 2, p22
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the importance of innovation laboratories that have been increasingly developed by banks in the U.S. to field test new products and services. Accordingly, an innovation laboratory is a facility where bank employees can execute and solicit feedback on new products and processes. It also mentions several banks which developed and launched their own innovation laboratory including Bank of America of Corp. and the retail-friendly Umpqua Bank
ACCESSION #
48297553

 

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