Banks mine employees for bright ideas
With nimble fintechs nipping at their heels, banks are giving staff with ideas for productivity or new products a direct line to management
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Singapore
SINGAPORE banks are trying new ways to tap the creative juices of their employees, amid the threat of large fintechs that are more nimble than the traditional institutions.
With stifling bureaucracy being a big deterrent, banks have tried to cut the red tape so staff can get direct access to management, speeding up the process of taking an idea to market.
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