Our founding member Bank of the West just started FinLab, in conjunction with L’Atelier BNP Paribas, and presented it at the Consumer Electronics Show on January 7. Through this initiative, Bank of the West connects its clients with ideas and startups in the tech sector.

What is FinLab? It combines « finance » and « laboratory » sourcing ideas, design prototypes and test concepts with Bank of the West commercial clients in an effort to identify and implement the best new developments in key business areas, including Cash Management, Payment and Fraud, and Credit Approval.
FinLab aims to test at least three business-to business innovations a year and implement at least one a year.

« Innovation is one of the biggest business trends we are observing with our commercial banking clients », said Jean-Marc Torre, senior executive vice president and head of Bank of the West’s Commercial Banking Group. « By taking a proactive approach to innovation, we will be able to identify relevant ideas and technologies that will help us better serve our clients. »

The FACC Los Angeles was excited to participate in the success of French Tech at this year’s Consumer Electronics Show!