Digitization impacts every player in the financial services industry. B-Hive brings together financial services players and technology companies in its network to co-create innovative solutions for the financial services industry. Through our strategic programs, we tackle common innovation challenges together and pave the way for digital transformation in the financial landscape.
B-HIVE: DRIVING DIGITAL TRANSFORMATION THROUGH STRATEGIC PROGRAMS
Each of B-Hive’s strategic programs tackle a specific challenge in the financial services industry such as cybersecurity, identity management, talent acquisition and business scaling.
Key Challenge: Cybersecurity
About the initiative: CyberHive is a platform that aims to increase the cybersecurity resilience of the financial services industry through: Joint learning by sharing of experience, best practices and research; Building a strong community of cyber security solution providers; Optional premium services that build bridges between the industry groups, the solution provider community and experts.
Key Challenge: Business value enabled by Distributed Ledger Technology (blockchain) and RegTech
About the initiative: TrustHive encompasses a list of projects where startups and financial institutions work together to create business value in banking and insurance by selectively deploying distributed ledger technology.
Current project maturities range from idea validation, to proof of concept, to all the way to advanced pilot testing prior to production, with business cases founded on efficiency gains and avenues to new business models, including topics such as digital identity.
We work closely with the European Commission to increase the dialogue between fintechs and regulators to investigate new approaches for piloting innovative fintech solutions as part of a project consortium with 25 university and fintech partners led by the University of Pavia and funded within the context of Horizon2020.
Key Challenge: API Setup and Standardization
About the initiative: OpenHive is a simulated financial sandbox designed to generate industry standards and APIs
Key Challenge: Digital Skills Gap
About the initiative: TalentHive puts a strong focus on strengthening the talent pool in Europe to ensure today’s talent and current workforce is equipped with the right skills and experience to fulfill their career ambitions and thrive in the digitalization of financial services industry
TalentHive is proudly supported by the ESF.
Mapping out the future competences for 3 processes in the financial ecosystem
Mapping out the current educational and trainee programs relevant for the financial sector. We’ll put a focus on the internal company initiatives of the corporate partners
Plan of action to anticipate on the future competence mismatch
Engagement of stakeholders to put the plan of action into practice
Key Challenge: Digitization
About the initiative: DigiHive is a series of initiatives with financial services providers aimed at delivering extremely personalized experiences for their customers