Workscope has been selected to participate in ING Labs Brussels initiative as part of a proof of concept with ING, alongside six other technology start-ups.
Workscope has been selected to run a proof of concept with ING after being shortlisted from a group of over 350 global technology start-ups. The proof of concept is part of ING Labs Brussels initiative, which is a “no theater, no-nonsense” scale-up programme run by the innovation team in Belgium.
The ING Lab Brussels programme is a structured 16- week programme where ING work with scale-ups that have developed a new product or service, which they are ready to market and scale up. The programme enables young technology companies to test their value proposition and collaborate with stakeholders within a real banking context. In previous years, the programme was known as the ING FinTech village.
Over 350 companies from 50 countries applied for the 2020 edition of the programme.
In 2020, there are four challenges that the bank is looking to cooperate on:
1. Solutions that drive personal experiences through data analytics, AI & AR.
2. Solutions that deliver 10x gains in operational efficiency & effectiveness and optimize workflows across the bank.
3. Solutions that challenge the borders of financial services today.
4. Solutions in the Biometrics, Cybersecurity, Regtech & Risk Modelling sphere.
There are six other scale-up technology companies that will be part of the programme alongside Workscope:
DSwiss: a Swiss based provider of highly secure digital services, such as digital safes, mailboxes for bank document delivery and secure exchange platforms for financial advisors and customers.
Flowcast: a US based company leveraging patented machine learning methodologies to create predictive models that assess risk and enable lenders to unlock credit to all size businesses at scale.
Finn: an internal ING start-up which enables smart devices to perform financial transactions autonomously.
HappySignals: a Finnish based scale-up which makes employee experience data visible, understandable and connected to operational data in IT. It enables companies to build a seamless and customer-focused IT service.
Neotas: UK based company is an open-source checks specialist that aims to set new standards in due diligence, pre-employment screening and compliance by leveraging technology and experienced analysts.
Speechmatics: a UK based company which develops automatic speech recognition software based on recurrent neural networks and statistical language modelling.
Workscope is collaborating with ING on a challenge related to end-user computing and business operations. The programme aligns with other important growth initiatives for 2020. The announcements of Workscope’s participation in the program also aligns with companies recent rebranding from Hub 85 to Workscope.