Westpac asks Gen Y to help it find the next fintech start-up

Westpac asks Gen Y to help it find the next fintech start-up

As all banks grapple with the impact of huge technological shifts, Westpac hopes to get an edge over rivals by tapping into the ideas of bright, young non-bankers. With the bank admitting it needs to be more nimble in the face of growing competition from technology-based firms, senior Westpac executives will next week be presented with business proposals on digital disruption in finance from a group of people aged 18 to 35 , from Australia and China.But none of those pitching the ideas on digital disruption are bankers.

Source: Westpac asks Gen Y to help it find the next fintech start-up

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