Scottish Friendly has embarked on a strategic partnership with FinTech Scotland, marking a significant step in the pursuit of fintech innovation within the financial services industry, particularly in the domains of life insurance, savings, and investments.
This collaboration is set to position Scottish Friendly at the vanguard of the fintech movement, underscoring their dedication to innovation and customer-oriented financial services.
The alliance will afford Scottish Friendly valuable insights into the forefront of fintech developments, notably in open finance data and regtech.
These insights are expected to be instrumental in evolving their savings and investment strategies to better serve customers.
As part of the collaboration, Scottish Friendly will engage in FinTech Scotland’s research and innovation initiatives, contributing to the industry’s evolution and enhancing the consumer experience in financial processes by harnessing technology.
Alexander Manas, commercial director at Scottish Friendly, commented on the partnership: “We are dedicated to helping individuals and their families achieve the best possible financial outcomes through affordable, high-quality products and exceptional customer service.
“We are therefore delighted to partner with FinTech Scotland in our efforts to continuously deliver better outcomes for our customers through technology and innovation.”
Nicola Anderson, CEO at FinTech Scotland, welcomed the mutual to the fintech community: “We are delighted to welcome Scottish Friendly to the FinTech Scotland cluster to embrace fintech innovation through strategic partnership.
“This partnership is a testament to our inclusive approach, aiming to revolutionise financial services by leveraging collective expertise. Scottish Friendly’s objectives align perfectly with our mission to drive impactful changes in the sector.”
