1. Prudential joins CRAFT advisory board to enhance financial technology research. 2. Collaboration with top universities aims to expand access in fintech.
Joining CRAFT suggests Prudential is investing in tech innovation, potentially enhancing its market position. Similar past initiatives by financial firms have led to improved competitiveness and growth.
The collaboration enhances Prudential's forward-looking strategy, aligning with tech trends in finance, which is critical for its growth.
The strategic partnership with universities may not yield immediate results but could create significant long-term competitive advantages through technological advancements.