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Bank of America's Wadley on democratizing innovation across all roles

By

Caitlin Mullen

19d ago· 4 min readen

Summary

Bank of America's Cameron Wadley discusses how the bank democratizes innovation by encouraging all employees—not just designated specialists—to contribute ideas and patents. He argues that the line between technologist and banker has blurred, and that modern banking requires technological literacy from everyone. Wadley's own patents underpin the bank's AI assistant Erica, and he emphasizes that innovation should be embedded across all roles, not siloed into a separate department.

Source

bskyBank of America's Wadley on democratizing innovation across all rolesbankingdive.com

Key quotes

· 3 pulled
Fast-forward 20 years and it's a ridiculous question, because even to be a pure banker, if you don't know anything about technology, you're not really qualified.
The world has just changed a lot.
Innovation isn't in its own lane.
Snippet from the RSS feed
“Innovation isn’t in its own lane,” said Cameron Wadley, a Bank of America managing director whose patents are at the foundation of the bank’s AI assistant Erica.

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