24 October 2016
Visit www.dh.com

UK industry forum established to explore how tech innovation can boost saving

22 May 2014  |  3522 views  |  0 Pound Coin Cash

The UK's Tax Incentivised Savings Association (Tisa) has set up a group to explore how technological innovation will change the way people save and invest.

The Tisa technology innovation forum will bring together firms from the financial services and tech worlds, with Barclays, Metro Bank, Microsoft, and Swift among those signed up.

The group is planning to look into how emerging technology is being used in other industries and countries and how this can be imported into the UK financial services sector.

In particular, it will work with Tisa's savings and investment policy project to determine how technology can be better used to address the consumer debt crisis and to support a sustained, inclusive, asset-based savings culture.

The group aims to have a report ready for publication later in the year, outlining examples of technologies which warrant consideration by UK financial services companies.

Bill Wrest, forum chairman and head of business innovation at Barclays, says: "This is a real opportunity for the financial services industry to step back and consider innovative technologies that could transform the way people engage with the sector."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related company news


Related blogs

Create a blog about this story (membership required)
Visit www.i2cinc.comVisit www.dh.comhttp://www.financialcrimerisk.fiserv.com/aml?r=finextra

Top topics

Most viewed Most shared
The bank of the future will be invisible - KPMGThe bank of the future will be invisible -...
37051 views comments | 129 tweets | 238 linkedin
Barclays and Citi test blockchain tech for equity swaps processingBarclays and Citi test blockchain tech for...
8600 views comments | 26 tweets | 19 linkedin
ING takes fintech startup route to UK relaunchING takes fintech startup route to UK rela...
7174 views comments | 29 tweets | 22 linkedin
hands typing furiouslyGoodbye, Santander! The end of a banking l...
6875 views 11 | 5 tweets | 1 linkedin
Indian banks hit by massive ATM breachIndian banks hit by massive ATM breach
6865 views comments | 16 tweets | 25 linkedin

Featured job

to Six-Figure Base, Bonus, Benefits
London, UK

Find your next job