Scottish Friendly partners with FinTech Scotland to improve customer-centric financial solutions

Scottish Friendly has partnered with FinTech Scotland, signalling its commitment to innovation and customer-centric financial solutions.

Related topics:  Scottish Friendly,  partnership
Tabitha Lambie | Editor, Protection Reporter
22nd February 2024
Scottish Friendly Partnership
"This is testament to our inclusive approach, aiming to revolutionise financial services by leveraging collective expertise."
- Nicola Anderson, CEO of FinTech Scotland

Earlier this week, Scottish Friendly announced its latest partnership with FinTech Scotland, providing the mutual with deep insights into fintech arenas such as open finance data and regulatory technology (regtech), which are “crucial for the evolution of savings and investment strategies.”

Furthermore, Scottish Friendly will now actively participate in FinTech Scotland’s research and innovation roadmap which will shape the industry’s future. The mutual’s expertise will assist with streamlining the Life, Savings, and Investment process, utilising technology to make it as “effortless and accessible as possible for consumers.”

“We’re dedicated to helping individuals and their families achieve the best possible financial outcomes through affordable, high-quality products and exceptional customer service,” said Alexander Manas, Commercial Director at Scottish Friendly. He’s delighted to partner with FinTech Scotland to continue delivering better outcomes for customers.

Nicola Anderson, CEO of FinTech Scotland, shared his delight, welcoming Scottish Friendly to the FinTech Scotland cluster to embrace fintech innovation through strategic partnership. “This is 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,” she added.

Recently, FinTech Scotland launched its first innovation challenge to encourage financial institutions and innovators from across the fintech community to learn collaboratively as well as facilitate industry forums for best practices and new solutions to regulatory challenges.

Protection Reporter is set to interview Alexander Manas to find out more about this partnership and how technology in the protection space can (and should) go beyond wearables for personalising insurance.

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