Project description
New banking tools to enhance customer services
The application of new strategies and operating models in the financial sector is making it possible for banks to respond to the financial technological advances. But it’s not easy. Banks are tied to legacy systems that are not capable of exploiting the potential benefits. The EU-funded B-SOCIAL project will roll out new banking solutions aimed at developing a banking environment that will enable a new level of interaction between banks and users in a secured environment. Bank transactions will become easier, friendlier and safe via the digitalisation and ‘socialisation’ of banks. Overall, the project will facilitate the digital transformation of the banking sector, which is necessary to reduce costs and increase efficiency.
Fields of science
- social sciencespolitical sciencespolitical transitionsrevolutions
- social scienceseconomics and businessbusiness and managementcommercee-commerce
- engineering and technologyelectrical engineering, electronic engineering, information engineeringelectronic engineeringdigital electronics
- social scienceseconomics and businessbusiness and managementemployment
- humanitiesphilosophy, ethics and religionphilosophy
Programme(s)
Funding Scheme
SME-1 - SME instrument phase 1
Coordinator
MEMENTO EHF
Net EU contribution
€ 50 000,00
Address
Bolholti 4
105 Reykjavik
Iceland
105 Reykjavik
Iceland
See on map
Region
Ísland Ísland Höfuðborgarsvæði
Activity type
Private for-profit entities (excluding Higher or Secondary Education Establishments)
Other funding
€ 21 429,00