Scotiabank Pacific Alliance Expansion
Fintech Strategy
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Embracing Fintech
Scotiabank has embraced fintech and technology start-
ups, acting as an advisor, partner, investor and
customer
The key objectives of Scotiabank's fintech strategy are:
o Identify innovative companies, trends, and
business models early
o Test, learn, and implement fintech innovations
o Drive an innovation culture at the Bank
•
Partnership Approach
Scotiabank partners with VCs to amplify our relevance and
reach in the global ecosystem, enabling earlier and faster
access to innovative companies.
Canada
High-growth
enterprise software
firms in analytics,
machine learning,
and enterprise
software
Israel
High growth tech
companies in
fintech and
cybersecurity
Latam
Early-stage
start-ups in
digital banking
and fintech
Sample Focus Areas
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Credit adjudication
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•
•
Accessibility
Natural language
processing
Personal financial
management
Customer experience
and self-service
•
Machine-learning
modelling
IT Modernization
Fraud
Anti-Money Laundering
Sample Partnerships
A platform that
provides insights
and actionable
money
management
M
A platform that
enables data
scientists to
develop and test
models faster -
Auto machine
learning
A platform that
specializes in
behavioural
biometrics for
AML & Fraud
purposes
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