Digital SME Ecosystem – Businesses, Accoutants and Bank together | M-Accountancy Qorus Banking Innovation Awards 2019

Submitted by

Millennium BCP

Millennium bcp together with its subsidiaries, provides various banking and financial services to individuals.

Premium
10/09/2019 Banking Innovation
“Businesses, Accountants and the Bank – now digitally integrated!”
Innovation details
Country
Portugal
Category
Offering Innovation
Keyword
Open Finance & New FS players, Beyond financial services & ecosystems, SME Banking, Retail banking

Innovation presentation

Concept and objectives: Provide new digital services that leads us to be the main Bank off all Micro and Small Companies Reasons behind: To Integrate different financial services adding new and unique value to the Customers State of competition: None at the time. Millennium bcp was the first mover providing this new digital service, PSD2 Compliant. Sources of inspiration: Strong team work believing that doing Partnerships with the right Partners outside the Bank will bring new and different value proposition for SMEs Departments involved: Marketing, Channels IT and Communication Main results so far: 1.300 Companies and 650 Accountants digitally linked in 5 months

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