Scotiabank Announces New FinTech Incubator

Scotiabank this week unveiled Digital Factory, a new digital innovation hub where the Bank will collaborate and partner with FinTech providers and startups to disrupt the financial services space and improve the digital banking experience for its 20 million customers.

With plans to be fully operational by mid-2016, Scotiabank’s Digital Factory will house more than 350 jobs for top technology talent inToronto’s downtown core, including newly created roles in areas such as:

  • User interface and user experience designers;
  • Agile practitioners, such as scrum masters, agile coaches and solution architects; and,
  • Data scientists and other advanced analytics specialists.

Scotiabank’s Digital Factory will serve as a hub for the co-creation and incubation of new Scotiabank and partner-led ideas to deliver world-class customer solutions enhanced through digital channels.

You can fully expect me to keep an eye on this as it sounds really cutting edge and interesting.

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