article thumbnail

Finovate Fall 2016 Live Blog – Day 1

William Mills

Command center for small business lending. This triggers activity and lending platform. First product is small business lending using machine learning. Folks, the mortgage lending industry is at least 7 years behind the rest of the financial industry because of the great recession. Michael is approved.

Mobile 40
article thumbnail

37 Corporate Innovation Labs In Finance

CB Insights

It also serves as a testing ground for new ideas from the Labs via customer feedback, demo bars, and workshops. Key people: Elly Hardwick, Head of Innovation. Deutsche Bank has innovation labs in Silicon Valley, London, Berlin, and most recently, New York (opened in 2017). Deutsche Bank — Deutsche Bank Labs. Founded: 2016.