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Collaborative economy and new business models’ challenges from promoting innovation and sustainable entrepreneurship to protecting consumers and workers [Recap]

Collaborative economy and new business models’ challenges  from promoting innovation and sustainable entrepreneurship to protecting consumers and workers [Recap]

On 16 October 2018, ACCA (Association of Chartered Certified Accountants), UEAPME (European Association of Craft, Small and Medium-sized Enterprises) and European Movement International organised a conference on collaborative economy and new business models’ challenges: from promoting innovation and sustainable entrepreneurship to protecting consumers and workers.

B-Hive is proud to announce its partnership with Altares - Dun & Bradstreet

The international provider of business insights, Altares Dun & Bradstreet and the collaborative European fintech platform B-Hive have announced their associate partnership. Through this partnership, Altares aims to strengthen their position as a trusted partner for the financial services industry.

Where Data Economy meets the Fintech Ecosystem

Altares will bring valuable expertise into the B-Hive FinTech Ecosystem regarding data management and analytics. Adriaan Kom – Head of Strategic Alliances:

“Our global company data enables our clients to build models and make business decisions. Our services provide reliable data and predictive analytics which is proven to be very beneficial for the financial services sector. As a trusted partner in company data and analytics, we plan to expand our network in this industry through B-Hive.”

With more than 40 partners and 170 members, B-Hive is one of the leading FinTech ecosystems in Europe. As a collaborative platform, B-Hive connects major financial institutions with innovative startups and scale-ups. Through this partnership, B-Hive adds another well-established tech company to their network. According to Fabian Vandenreydt, Executive Chairman at B-Hive, the partnership was a no brainer.

“Altares’ expertise, knowledge and values are an impressive combination that we are thrilled to have among our network. We hope to provide them with a platform that will serve, B-Hive, Altares Dun & Bradstreet and our complete ecosystem.”

First Steps as Associate Partners

As part of the partnership, Altares has supported the B-Hive FinTech Hackathon over the past few weeks. At the two-day Hackathon, participants were looking for well-thought business solutions for existing challenges that the financial- and insurance sectors are facing. By winning the Hackathon, participants could win a Proof of Concept. Not only has Altares provided data for the Hackathon, but their experts also participated as mentors and jury members. The Hackathon was organized in Brussels, Belgium on September 24-25.

In the future, Altares and B-Hive hope to join forces in similar events while also working on new projects. Niek De Taeye, Chief Operating Officer at B-Hive, has high hopes for their newly found partnership.

“Altares is a perfect addition to the B-Hive ecosystem. An established value as part of the Dun & Bradstreet group, yet the drive and ambitions of an innovative young company. Apart from the enormous richness of their current databases, Altares is a pioneer and is looking for innovative ways for this data to be of service to their clients. We aim to help them along in defining new and exciting uses for their data by connecting them to the right start-ups and scale-ups and also expand their customers within the financial services industry.”

About B-Hive:

B-Hive is a European collaborative innovation fintech platform that brings together major banks, insurers and market infrastructure players. Together, we work on common innovation programs and build bridges between our corporate partners and our start-up and scale-up community members. We aim to put Brussels on the map as the smart gateway to Europe and leverage on the opportunities offered by the digital transformation for the financial services industry. We believe that building bridges between important fintech hubs and the Eurozone enables both European and non-European companies to grow and expand.

Website: www.b-hive.eu

About Altares Dun & Bradstreet:

Altares Dun & Bradstreet offers data from the world’s biggest commercial database which contains information about more than 300 Million companies. This verified company information is updated over 5 Million times a day to offer the most actual, complete and reliable actionable business insight. The combination of data, intelligence and technology helps professionals to make informed decisions.

Website: www.altares.be

B-Hive and Temenos join forces with their newly-found associate partnership

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Temenos (SIX: TEMN), the banking software company, and the collaborative fintech platform B-Hive Europe, announced their associate partnership at Digital Finance Europe on September 26. The collaboration has been launched at the National Bank of Belgium in Brussels.

B-Hive’s growth continues, as it partners up with another tremendous tech company. B-Hive has reached a wide audience within the fintech community and joining forces with Temenos strengthens their ecosystem extensively.

Based in Geneva, Temenos has over 3,000 firms around the world, and more than 500 million banking customers count on their services on a daily basis. With more than 25 years of experience, Temenos is a true market-leading software provider and their expertise in the banking and finance industry will add great value to B-Hive’s ecosystem.

Shared values make the perfect partnership

Both B-Hive and Temenos value collaboration and believe in its importance in creating the best customer outcomes.

Fabian Vandenreydt, Executive Chairman of B-Hive:

“Sharing similar values as companies made this partnership even more valuable. We want to create a space that benefits everyone within the ecosystem. This was just another reason why partnering up with Temenos made a lot of sense to us.”

In addition, the two hope to foster and cherish innovation. In order to develop and adapt to the digital transformation, fostering innovation is key.

Amal El Alami, MarketPlace Community Director for Europe at Temenos, adds:

“We are excited to be working with B-Hive in accelerating and empowering the highest levels of innovation for our customers. This partnership will help us strengthen the community around Temenos MarketPlace and to uncover the most exciting fintech companies in Europe. At Temenos, we open up our software to third-parties to encourage innovation. We value our innovative, open culture and hope to partner with other innovative companies through the ecosystem of B-Hive.”

The future looks bright

With this partnership, Temenos and B-Hive aim to work together on several of the B-Hive initiatives. As an associate partner, Temenos will take part in a dedicated B-Hive program and the two companies will collaborate on creating added value to the ecosystem of B-Hive. Temenos and B-Hive will also mutually participate in each other’s events, such as ‘Presenting best of fintech report’ from Temenos on November 22nd in Brussels.

B-Hive launches Trusted Fintech - Program to encourage startups and scale-ups to put more focus on security

A collaborative fintech platform, B-Hive, is launching a cyber security program, Trusted Fintech, to help startups and scale-ups embed cyber awareness into their core values. By providing a thorough, five-module program, B-Hive aims to increase the CyberSecurity resilience and compliance of fintech startups and scale-ups. Trusted Fintech was announced at Digital Finance Europe ’18 in Brussels.

The program aims to increase the trust within the general public in the fintech market space by improving the companies’ skills and processes and offering them practical insights and innovative technologies, delivered by cybersecurity members of the B-Hive community. Overall, the program includes five core modules that focus on three different dimensions - people, process and technology.

The main goals of the Trusted Fintech Program are to encourage startups to look at security from day one, embed it in their startup DNA and create a collective responsibility in their rapidly-growing organizations. Upon successful completion of the program they will receive the “Trusted Fintech” label, showing to their partners and customers that they take cybersecurity seriously.

“I am very excited about this program as it reflects what B-Hive is all about: connecting the dots in Finance. The program leverages know-how and technical capabilities of one part of our ecosystem to benefit the other part for the greater good of increased levels of trust in Financial Services, bottom line making it easier for our community to do business.”, says Patrick Coomans, CyberHive and TrustedFintech Program Manager. “I also want to thank our CyberSecurity members for their contributions: Bitsensor, Cranium, Digitribe, ICT Control, iGuards, Intigriti, NVISO, Onegini, Secure Code Warrior and Sweepatic.”

“There is a strong demand from our startup and scaleup community for specific services that shorten the sales cycle with financial service clients. The TrustedFintech initiative will contribute greatly to accelerate the due diligence and procurement process. This will benefit financial services institutions and fintechs alike.”, says Fabian Vandenreydt, Executive Chairman of B-Hive.

“It is a misconception that fintechs and banks are opponents. Banks need fintechs for their digitisation projects and fintechs need to leverage the expertise of banks to deliver on their selling proposition. However, lack of visibility about cyber risk management capacity and strict rules, including in the area of outsourcing, are often a stumbling block to smooth cooperation between fintechs and banks. With this label, we offer a solution to this problem. A quality label will help fintechs and banks to work together more quickly. This is a unique initiative in Europe that has Febelfin’s full support.”, says Karel Van Eetvelt, CEO of Febelfin.

“The result of Digital transformation and Open Banking is that our risk landscape is more and more including external solutions that we don’t operate and protect ourselves. We see that with smaller startups and scaleups there is often a gap between their notion of CyberSecurity and the level of protection we require them to have. That is why we are so supportive of the B-Hive Trusted Fintech program, as it really aims to immerse the staff of those companies, from the developers to the founders, in the world of Information Protection. Organizations joining this program give us an important signal of how much they value the safeguarding of information, ultimately protecting brand and reputation.” says Jan Nys, General Manager Information Risk and Infrastructure Architecture of KBC Group.

“Our customers expect banking solutions that are easy and safe to use. We do this by applying high standards in the areas of quality, reliability, security, and the protection of data and privacy – both for internally developed solutions, as well as for those that are built with partners. For that reason, we welcome B-Hive’s TrustedFintech Program. It will raise awareness among FinTechs, and enable them to design solutions that integrate security and privacy requirements from the start.”, says Jan De Blauwe, Head of Global Security at BNP Paribas Fortis.

About B-Hive:

B-Hive is a European collaborative innovation fintech platform that brings together major banks, insurers and market infrastructure players. Together, we work on common innovation programs and build bridges between our corporate partners and our start-up and scale-up community members. We aim to put Brussels on the map as the smart gateway to Europe and leverage on the opportunities offered by the digital transformation for the financial services industry. We believe that building bridges between important fintech hubs and the Eurozone enables both European and non-European companies to grow and expand.

TrustedFintech contact:

E-mail: patrick.coomans@b-hive.eu

Phone: +32-(0)477.40.53.09

Website: https://b-hive.eu/trusted-fintech/

B-Hive & Capitant: working together on an innovative digital talent marketplace.

In order to build its future-proof talent marketplace, B-Hive conducted a survey with 3500 Capitant students who will soon come on the job market or who have gained a first professional experience. This way, B-Hive had the opportunity to get insight in the expectations of the future working population and this population participate in the creation of a platform that is truly tailor-made to their needs.

First of all, it was quite surprising that these young professionals and students show to be rather conservative in their approach towards the job market. They look for jobs at fairs and on LinkedIn. However, a significant change is that they use their network from the very beginning of their career. Indeed, some 90% of the respondents say they call in their network to find a first job.

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Youngsters don’t like the phone anymore. They prefer to be contacted by an employer by e-mail. We thought that e-mail was not that much of a communication channel for young people anymore, but tomorrow’s generation is not yet ready to interact purely with chatbots. Probably a huge relief for the majority of HR professionals…

When talking about a platform they’d like to use and its functionalities, the new generation prefers to get insights in their strengths and development areas by means of taking e-assessments (67.50%) and they are also looking to interact directly with potential employers (81%). This is where the importance of real-time feedback comes in.

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Another interesting result is that young professionals are not interested in standardized job descriptions anymore (62%). They want testimonials, get insight in the day-to-day jobs through video or even VR, know the values of a company, …

The exchange of a job in return for skills definitely belongs to the past. Some 35% of the respondents also indicates that content about job market etc. is less appealing when looking for an opportunity in a focused way. When taking a closer look at the expectations towards a first job, the Capitant community is mainly on the lookout of learning opportunities throughout their career (97%), possibilities to grow professionally (78%), a good salary (62%) and a flexible work environment (57%).

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Overall, expectations have shifted a bit and job security is no longer on the wish list of young professionals. However, real-time interaction, immediate feedback and open communication are important requirements for companies wishing to hire tomorrow’s workforce.

Next step: we will go live on the SuperNova tech festival in Antwerp end of September. People who got a 75% match (or higher) with a job opportunity at one of the exhibiting companies or pitching scale-ups will receive a free ticket to drop by and get in touch with their potential new employer. After SuperNova, your CV will stay online after your explicit consent.

A major thank you to all Capitant members who participated in our survey.

Should you wish to get a more in-depth insight, don’t hesitate to contact ellen.thijs@b-hive.eu – We are still open to receive your resume on https://talentbuzz.cloud.beworkhappy.com/en/

Oracle and B-Hive Europe to collaborate on Fintech Innovation Program

Oracle and B-Hive Europe to collaborate on Fintech Innovation Program

Oracle has chosen Brussels as a European gateway to roll out its Fintech Innovation Program to Europe. Oracle plans to dedicate additional European staff and resources to set up mutually monetizable relationships with fintechs and digital banking innovators. Oracle plans to work with B-Hive Europe to accelerate enterprise readiness for participating fintechs and banks.

Amsterdam, the Netherlands Report

With our mission of connecting the dots in fintech, B-Hive launched a series of roadshows in 2018 to build bridges between key European fintech hubs. Our last stop before Digital Finance Europe 2018 is Amsterdam - just in time for Money 20/20 Europe. The Netherlands’ favorable business environment it a logical next expansion point for fintech companies based in Belgium or just moving to Belgium.

B-Hive Establishes Footprint in the Baltics during Roadshow

B-Hive Establishes Footprint in the Baltics during Roadshow

As the Baltic States provide a multitude of promising opportunities for fintech startups & scale-ups, B-Hive along with multiple stakeholders in its ecosystem went to Tallinn on May 23-25 to energetically contribute in the conference agenda of Latitude59 - the flagship startup & tech event of e-Estonia – and to actively connect with the Baltic finance community.