Video: Innovation Has Long Been Critical to the Success of our Business

Jul 13, 2015 9:30 AM ET
Multimedia with summary

Innovation has long been critical to the success of our business. By responding boldly to challenges and opportunities, Barclays has led the way, from developing the world’s first ATM to Barclays Pingit, UK's first person to person service for sending and receiving money using mobile phone numbers.

As well as providing a competitive advantage, innovation has an important role to play in addressing many of the world’s toughest challenges – and as an organisation which prides itself on our ability to innovate we have the opportunity to respond to these challenges with good value products and services.

To achieve long-term sustainable economic growth, new solutions to help tackle social and environmental challenges will need access to appropriate financing to help innovate, develop, commercialise and scale deployment. 

Social innovation is not about simply ‘doing good’, it represents real business opportunities.  A range of Barclays’ business lines are actively involved in delivering solutions across product groups, geographies and industry sectors.