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Fueling innovation through a venture strategy

Fueling innovation through a venture strategy

FromABA Banking Journal Podcast


Fueling innovation through a venture strategy

FromABA Banking Journal Podcast

ratings:
Length:
22 minutes
Released:
Oct 27, 2022
Format:
Podcast episode

Description

Banks of all sizes access the innovation ecosystem through in-house development, fintech partnerships, acquisitions and venture investment. Huntington Bank does all four. On the latest episode of the ABA Banking Journal Podcast — sponsored by SmartStream — Huntington Bank CFO Zach Wasserman talks about the $100 million Huntington Corporate Ventures initiative to expose the bank to cutting-edge tech and fuel its digital transformation. In this episode, Wasserman discusses: How Huntington decides when to acquire, partner, invest or some combination of the three. Business lines where HCV is looking to invest: payments, business banking, wealth and consumer mortgage. Details about Huntington’s partnerships with companies like Blend Labs and InvestCloud. How banks can provide value to fintech startups as investors and partners. What banks can learn about the role of due diligence and risk management in venture investing. What’s ahead for Huntington Corporate Ventures, which was launched in 2020 and is now expanding.
Released:
Oct 27, 2022
Format:
Podcast episode

Titles in the series (100)

Bank executive insights, unique business strategies, regulatory updates from D.C., and fun banking stories—all this and more on the ABA Banking Journal Podcast, brought to you weekly by the American Bankers Association's award-winning podcast team.