Open innovation and partnerships with Lloyds

<p><a href="https://www.linkedin.com/in/andrea-melville-b8942515/">Andrea Melville</a> is MD Commercialisation &amp; Propositions at <a href="https://www.lloydsbankinggroup.com/">Lloyds</a> in London. Andrea is also a board member at <a href="https://www.fnality.org/">Fnality</a>, a network of decentralized Financial Market Infrastructures (dFMIs), where Lloyds invested.</p><p>We talk about:</p><ul> <li>MD Commercialisation &amp; Propositions at Lloyds in London - what does it mean in real life?</li> <li>Andrea previously said, “Why shouldn’t banking be just as simple as booking a hotel or ordering a taxi?” Why it’s sometimes not the case and what can be done about it?</li> <li>Lloyds is a systemically important organization, so giving rewards to employees to bring down its systems as a test like some tech companies do, doesn’t work. How does Lloyds then infuse agility into an organization with such constraints? </li> <li>Lloyds' approach to innovation and working with start-ups: from investing to partnering</li> <li>How do your scouting and outreach at Lloyds work?</li> <li>How does the selection process work?  </li> <li>How does economics work (broadly)? Do you work on pilots and proof of concepts?</li> <li>Long-term partnerships. Check out the <a href="https://technation.io/fintech-pledge/">FinTech Pledge</a> that Lloyds signed up to and how to get onboarded by Lloyds.</li> <li>What are the metrics of the partnerships and monitoring</li> <li>Can you share success stories of the start-ups with whom you have partnered up? And the lessons learned?</li> <li>Favorite book: <a href="https://www.amazon.co.uk/Guns-Germs-Steel-history-everybody/dp/0099302780">Guns, Germs and Steel</a> (and some podcasts:)</li> <li>Wrap up: appeal to inspiring entrepreneurs to learn more about working with Lloyds and the best way to get in touch</li> </ul>