New partners sign up

IBM and Equifax offer support to Fintech Scotland

Stephen Ingledew

Stephen Ingledew: ‘partners will help us achieve our ambitions’ (pic: Terry Murden)


IBM and Equifax have signed up as additional strategic partners to Fintech Scotland as the new sector champion builds its collaborative network.

They will join other partners: Pinsent Masons, Deloitte, Dentsu Aegis Network and Sopra Steria.

IBM has been developing the role of artificial intelligence through its Watson platform while Equifax is a key provider of data insights.

Paul Ryan, director for Watson at IBM, said: “Today marks the start of a promising collaboration with Fintech Scotland to grow innovative solutions and practices.

“This is particularly significant as financial organisations look to further incorporate data and AI insights to provide a better service for their customers and stakeholders, from boosting customer engagement, creating conversational agents or even supporting client representatives as they interact with customers.”

Neil Cunningham, partnerships director at Equifax, said: “The Fintech Scotland vision aligns perfectly with our own aspirations to be the de facto bureau partner for data driven innovation.

“Increasingly our customers are looking to us to help solve their problems by creating unique solutions in collaboration with fintech partners. I think we’ve all been impressed by the blend of complementary strategic partners Stephen has been able to assemble, and excited at the potential to drive innovation through collaboration. ”

Stephen Ingledew, CEO at FinTech Scotland, said: “Strategic partners of this quality supporting the fintech ecosystem in Scotland will help us achieve our ambition to be in the top 5 fintech hubs in the world.

“I’m pleased to have a diverse set of strategic partners and with their expertise and global reach, they will play a crucial role in ensuring Scotland’s position on the world stage.”

Fintech Scotland was established by the Scottish Government, the financial services sector and University of Edinburgh to ensure that Scotland seizes fintech opportunities and achieves critical mass in the sector by encouraging financial innovation, collaboration and inclusion as part of the country’s broader digital economy objectives.

The founding partners were the Scottish Government, Scottish Enterprise, The University of Edinburgh, HSBC, Avaloq and Lloyds Banking Group.

FinTech Scotland will act as a strategic enabler focused on leveraging the potential economic and social benefits arising from becoming a leading global centre focused on data driven fintech innovation.


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