16.8.2022
12 min read

Albert Van Veen: I dream of a world without ID cards, keys, multiple different tickets and passes

It might not be surprising that a man who founded FastID, a service to manage your digital identity, would leave very little track online. Therefore, when doing research, you need to challenge your LinkedIn bubble and one of the suggestions you can get is something like “Don’t forget he has four children and he loves talking about them!” So, starting with a question about childhood and the internet seems just appropriate.

Creative Dock is growing, our ambition is to make Europe a digital leader and bring our products to a billion people around the world over the next five years. We are also forming a much tighter circle of people who care about digital as much as we do. Entrepreneurs, current and former CEOs of large banks or insurance companies, headhunters, open minds. We call them Pioneers. Gradually, we will be interviewing them on digitalization and other topics that are close to their hearts. Read an interview with another of our pioneers, Albert Van Veen.

Albert van Veen is CEO And Chief Digital Officer with a track record in Digital Identity (FastID), Banking (ING, Moneta), Airport (Schiphol) and Transport (TNT).

Most of the people I meet make their living on the internet. But at the same time, the same people often say they are glad they grew up without the internet, in the analogue era. Would you have wanted to have access to the internet as a child?

Absolutely! Those people who say they’re glad for a childhood without the internet are subject to a very common thing: when you look at the past, you generally only remember the positive things. You forget the negative ones, it’s just the way our brains are set up. I think a lot of relationships have fallen apart because a husband and wife had a fight over a paper map while on vacation (laughs). How did they actually find hotels back then? Where do you even start with that search? Or restaurants? I wonder how many bad restaurants people had to visit if they couldn’t find out about them beforehand…

And soon it might be even easier to log into all these online services making your life better thanks to your company FastID. Can you explain what it does and where did the idea for such a service come from?

The first idea was that it would be great to have your digital identification always with you — in your phone. But we go even beyond that. We want to do the identification even without your phone — only with your face or your voice. Fast ID provides you with fast and secure access to events and locations with your biometrics.

I like the idea. I installed the app and I still tended to compare it with BankID, which I use in the Czech Republic when I’m in touch with the authorities.

Oh, did you install that? How was the process?

Well, it went quite smoothly, but the only thing is that I signed up with my ID card and the app listed it as a passport. And I can’t change it now…

Oh, really? Can you show me? (At this point I was logging into the app and answering Albert’s questions about whether I registered by taking a picture of my ID or reading the chip of my ID card, whether the special characters worked for my password, we wondered for a while why my ID was showing up as my passport and then Albert asked if he can take a picture of my screen. So I’m walking proof that people really don’t guard their personal information, because mine ended up in the photo gallery on Albert’s phone thanks to the installation of a super-secure app. But I’ll do better next time! Unless Albert has already sold my family’s apartment and used my money to set up a trust fund for his kids’ education.)

So how does your solution differ from other universal ID systems such as BankID we have in the Czech Republic?

I know BankID and we actually cooperate with them. Yet, with BankID your identity is centrally stored at a bank. And if you leave the bank, your identity is gone as well. In our solution, your identity is with you. In your cell phone and you’re the only person who can access it. The only thing we have access to is your email address. As for the rest, you are the only one who has the private key to decrypt it. You can do the registration in a bank with FastID, and they get your information. And when you want to leave the bank, your bank has no longer access to your information. But what we want and what makes even more sense for us is not only to focus on the online but to offer you the offline connection.

What do you mean by offline connection?

Well, imagine you booked a hotel online using something like BankID. Then you arrive at the hotel and you still need to go to the reception desk to show the registration or some ID to prove it’s you. The companies like BankID don’t have your photo so they cannot make a connection between your online registration and you. With our solution, you go straight to your room. You place your mobile phone on the hotel lock, let a camera do a quick scan of yourself and compared it with your photo of your official ID document, and then the door will open. It’s not a plastic card that you can give to someone else to also get in your hotel room, it’s just you and your face.

How long have you been on the market with FastID?

I left Moneta in May 2021 and that’s probably where we started creating the idea for the company. The official start and launch were just really a few months ago, we’re on the market since the beginning of this year.

Albert explains how FastID works.

When you describe FastID, it seems like a really secure and streamlined solution. I guess you probably have no problem gaining users. But what about negotiations with the organizations and institutions? Is it easy to get them on board?

It’s a big change of thinking because companies are used to owning the data. But the legislation to have the data and protect it is getting more and more demanding. Also, it’s also dangerous for users because every time you leave your data somewhere — at a hotel or a car rental — the servers on which the companies store your data may be hacked and your data may leak. And European legislation is increasingly moving towards putting you in control of your own data — you should store it in your own storage and not at twenty different places on the internet.

And what about the companies?

Actually, the more advanced businesses are beginning to realize a digital ID owned by the consumer has a lot of advantages for them. Companies are very aware of is that users don’t like to register. When I was working in Moneta, we saw many times that we were losing potential clients in the registration process. Because when you want to register with a bank, you need to have two documents — an ID card and a driving license or passport. And then they still need to make a “penny payment” from one of their other accounts. And people usually dropped off because they didn’t have the second ID with them or forgot to do the penny payment. Instead, we offer companies a client who is already registered and who is just a click away from using their services. The number of clients that you lose in the registration process becomes a lot smaller with FastID. The idea is that nobody likes to do registration — neither the companies nor clients.

In action movies, we sometimes see that someone steals your identity and you basically cease to exist. Is this possible in reality?

Not only possible but these cases happen from time to time. It is nothing new, an excellent example is “The Serpent” which you can watch on Netflix. I think that’s why the new regulation is coming up. You should be a lot more protective of your own identity and be very careful about where you leave your personal information. This is why there is such a growing need to work on a decentralized identity. And it’s not just about personal data. We should be equally careful with all our passwords.

Isn’t this a well-meant but still scaremongering of a sort?

I had a colleague in ING whose Hotmail, LinkedIn, and other social media accounts were hacked because he was using the same passwords everywhere. And the people who hacked his accounts started to send messages in his name that he really, really didn’t like. On the other hand, this is not new. In the old days, passports were falsified and it actually was a lot easier than it is now. Back then, you could use someone else’s passport by just putting your photo on top of the original one. Nowadays, you have to crack a digital ID, which makes it much more difficult to do that kind of fraud.

For 4 years you were responsible for transforming Moneta’s operations into a digital and agile machine. Was it easy to convince the Czechs to go digital?

The Czech Republic is a very special country and has a more divided society than the rest of Europe when it comes to digital adoption. On one hand, you have a big group of early adopters, who were the first to use new technology like Apple Pay and Google Pay. These people normally live in Prague and they are the front runners in Europe. But on the other hand, there are still loads of people who don’t want to go digital at all. That’s what I had in my mind when I said that society is divided.

What are the practical implications of such a divide?

There is still a big group of people who want paper documents at the bank, who want to pay with cash, and do their taxes on paper. And the big difference with places like Holland is that the Czech Republic keeps on facilitating the people who don’t want to do digital. In Holland, you can’t really choose. All services from the government became digital-only. It has a positive impact on private companies as well — suddenly it became a lot easier to slowly close physical branches. In the Czech Republic, it’s impossible. In such a combination, the digital is just adding costs because you need to keep all your shops open while you also need to go digital.

Why do you think is that?

We did internal research that showed Czechs like to negotiate about the price. They believe that they can get a better price in person. And not only did they believe this, but it also turned out that it was true. The point is Czechs don’t enjoy going to the bank branches more than people in other countries, they just want to get the best price. Exactly like the Dutch people.

Thus, more important than creating a brilliant online experience is to offer the cheapest prices online and communicate this very clearly. I believe this is where the Czech banks can really improve. The digital tools are good enough, it is now about clear pricing and communication.

The non-business face of Albert van Veen, father of four. The characters are from a Czech cartoon extremely popular in the Netherlands.

Do you think there is still an area that resists digitalization? Even if it would make our lives much easier?

Physical money, for example. Isn’t it ridiculous that something like cash still exists? To me, it’s sheer historicism: here’s your paper, give me back some metal coins. It’s not even secure! If someone attacks me, I have to defend my money, there’s no password on it. I think our children will laugh at the concept of physical money. In some countries, cash is disappearing fast. I think that in 20 years cash will no longer exist in the Nordic countries or in Benelux. A different case is Germany. I remember using Apple Pay on my watch to pay at the hospital there. And all of a sudden everyone came running and calling: Er zahlte mit einer Uhr! Er zahlte mit einer Uhr! (He paid with his watch!).

As a Chief Digital and Information Officer at Schiphol, you were responsible for digitizing the airport. How did it go?

I really loved my work at Schiphol airport because I came from an ING bank, and banks are by nature very digital. There’s a lot of digital knowledge, everybody understands data. Moneta is another example where the Board is very digital-focused and skilled.

And then you go to an airport and there is absolutely nothing digital. Back then, in 2014, people still had to print their boarding passes, and show their passports. And we wanted to be the best digital airport in the world. And honestly, it wasn’t that hard because all the other airports were completely non-digital, so everything we decided to do basically meant we were going to be better.

Do you have a vision of how we will travel in the future?

I believe that in 10 years' time it will be quite common to have no queues and no or very little staff at the airports. A lot of the queues exist today because you have to keep showing your ID, you have to hand over your suitcase somewhere, prove it is yours, and go through security. In ten years, there will be no need for ID cards because you will have your face with you. You’ll have a simple chip in your suitcase that will upload all the information about where you’re going. You can already see the improvements. At Schiphol, the security scanning facilities are so good that you don’t have to take your laptop out or put liquids in plastic bags at security gates. In time, no security gates for passport checks will be needed, because the scan of your luggage and identity will be done while you walk through the airport to your gate.

That sounds great! Why do you think it can’t happen faster than in 10 years?

Because we have our habits. We may have the technology and everything we need to do it, but we still have a person sitting behind the counter in the store. You could scan the QR code with the product, pay online, add the receipt to your digital ID and walk out whilst your face is scanned to check that you paid. Nobody has to be there to watch and check if you’ve paid and there should be no queues or extra payment to an American debit or credit card company.

Another example. We already had certificates for self-driving hoovers at Schiphol. And if a hoover is allowed to self-drive at an airport, so could be the services that collect and bring for example passengers to the aeroplane. Or the service to collect the trolleys and refill the stock at shops. All the technology is there already. It’s now about changing mindsets and the management with the guts to change something.

What were your childhood dreams and how do they compare to the dreams you have now?

When I was a little boy, I liked sailing so I dreamed of being a navy captain. I also believe it is great to fight for things you believe in. I kept that dream into adulthood and even considered studying seamanship. The problem with this job is that sometimes you will have to fight for things you don’t believe in. And when you’re in the army, you just have to follow orders. And maybe that’s why I decided not to study seamanship. And now I dream about a world where you can live without tickets, keys, and ID cards. I hate all those things because I keep losing them. In an ideal world, I wouldn’t need any of that.

If you had the knowledge and experience you have now, would you change something in your career?

When you’re deciding on a job, you really need to consider if it’s something that 1) you’re capable to do and 2) will enjoy doing it. If one of the two is missing, it will be a frustrating job over time. If I could go back in time, I wouldn’t take a job when one of the two is missing. I’ve taken some jobs a few times because I was honoured to be offered them, even though they weren’t my cup of tea. I’d be a lot more careful these days. Because even the best-paid job, becomes very frustrating after a while if you don’t like it.

More Insights

Venture Studio vs. Venture Building: Decoding the Models That Shape Business

Corporates are constantly looking for ways to drive growth, stay relevant in the market, and find impactful ways to leverage their resources. Enter venture building - a systematic approach to designing, building, and operating new startups, also known as ventures. Venture building is a rapid, methodical process that allows a variety of ideas to be developed, validated, and iterated into a single venture. 

Read more

Unlocking the Future of Venture Design with AI: An Interview with Ross VanSlambrouck

In today's rapidly evolving business landscape, AI is no longer a distant possibility—it's a driving force behind innovation. As companies look for ways to stay ahead, the integration of AI into the venture design process has emerged as a game-changer. To explore this transformation, we sat down with Ross VanSlambrouck, an expert in AI-enhanced venture design at Creative Dock.

Read more

Fintech for Everyone: How We’re Helping Telco Leader Ooredoo Break New Ground

Fintech is no longer limited to the finance industry. On the contrary, companies in other industries can leverage their “unfair advantage” to hop on the fintech train. Case in point: our exciting cooperation with Ooredoo Fintech, a scale-up operating in the MENA region as part of telecom giant Ooredoo. We asked Creative Dock’s CEO Gabi Teissing and Ooredoo Fintech’s CEO Mirko Giacco about their biggest challenges––and learnings––so far.

Read more

2023 Annual Sustainability Report

At Creative Dock, our commitment to sustainability is at the core of our operations, as reflected in our 2023 Annual Sustainability Report.

Read more

Corporate Venture Studio: Unlocking Innovation for Corporates

Corporates often face hurdles such as legal compliance, IP management, and financial structuring when making the transition from generating brilliant business ideas to value-creating ventures. Our proven processes excel in these areas, ensuring a smooth transition from concept to market.

Read more

Cutting Through the AI Hype: What’s Here to Stay

At the beginning of this year, at the Mobile World Congress in February, we witnessed over 100,000 “AI experts” and the corresponding accompanying euphoria. Comparing that with the “transformation business at the grassroots level” over the past months, one thing is clear: the artificial intelligence landscape is in a state of highly hyped expectations. A year ago, AI was still a marginal topic in the same place, but in 2024, you could hardly find an organisation that did not deal with AI. This is a clear sign of a “bubble” in which some of the inflated expectations are bound to be disappointed. Let's examine the substance of artificial intelligence's short- and medium-term impact on business practice.

Read more

Free Strategy Foresight Report: Top 15 Trends in Green Manufacturing

Developing concrete decarbonisation roadmaps is a strategic imperative for any business that aims to stay competitive over the coming years. Today, it is not only for attaining its sustainability commitments but also about building resilience to thrive in (an) unknown future(s). Join us as we delve into the top trends shaping the Future of Green Manufacturing and help the industry prepare for changes ahead.

Read more

“If you don't want AI to dominate you, you have to rule over it,” says Gabriela Teissing, Creative Dock Group CEO

When Gabriela Teissing took over as CEO of corporate venture builder Creative Dock a little over a year ago, she emphasised the need to become AI-obsessed, as AI is the most crucial challenge and opportunity, at the same time, that tech companies will face in the coming years. A year and a few months later, Creative Dock transformed into an AI-driven company and became a recognised authority in using GenAI for business and internal processes. A complex AI transformation and a targeted AI optimisation have even become new products. How did we get here? Let's ask the CEO herself.

Read more

Creative Dock AI Hackathon: Embracing AI is About Changing Employee Mindset, Not Just Technology

Adopting AI into business and daily life is essentially another industrial revolution. "Tech companies can no longer decide whether to implement AI or not. Adopting and maximising the use of AI is a matter of survival. At the very least, AI optimises business operations significantly," says Martin Pejsa, Executive Chairman of Creative Dock. How does Hackathon #3, recently held at Creative Dock, help with AI adoption in the company, which has already undergone extensive AI transformation?

Read more

Free Report: Energy Transition Towards 2030 and Beyond

Explore the transformative journey towards a sustainable energy future with strategic insights and deeper discussions that redefine energy practices for a rapidly evolving world.

Read more

Fueling Innovation through Growth: Creative Dock Acquires Venture Builder Mantro Product Studio

The era of continuous growth and innovation continues as Creative Dock Group proudly presents its latest strategic move—the acquisition of Mantro Product Studio from Mantro Group. This takeover marks a significant milestone in the company's journey to expand its presence in the DACH region and strengthen the customer portfolio, with a particular focus on the sector's manufacturing and energy industries.

Read more

We have boosted Product Development with GenAI

At CreativeDock, our journey with AI in product development has been transformative. While GenAI can help with small tasks in product development, e.g. crafting epics and tasks for developers or drafting scrum processes, the real game changer comes when we zoom out and look at the big picture of product development optimisation.

Read more

A Foresight Journey – A Glimpse into 2030

Foresight is a bit like time travel. This time, it took us to 2030. The good news? Much positive environmental progress has been made—let us tell you about it and how we got there.

Read more

Free Report: Decarbonisation Foresight Study

Explore a visionary journey into the future of decarbonisation, revealing strategic insights and transformative scenarios that redefine sustainability in a rapidly changing world.

Read more

Don’t Fall for These 5 Anti-Patterns in GenAI Project Delivery

Have you ever wondered what makes a successful GenAI project? Is it the model, the data, the tech stack, or something else? At Creative Dock, we have been working on various GenAI projects internally and helping other companies use GenAI to optimise their businesses or launch innovative solutions. Along this journey, we have discovered that the most crucial factor for GenAI's success is often overlooked – the team crafting the solutions.‍

Read more

AI transformation in reality: Fintech development powered by AI

Pioneering AI tools usage in venture building for years grants an incredible headstart. Creative Dock has been utilising AI, particularly machine learning tools, for solutions developed in ventures for clients across various industries for many years. This included venture building within e-health, the construction industry, retail, fintech, and insurtech.‍

Read more

Software Supremacy: Roland Berger and Creative Dock Lead Pioneering Discussion at WEF AM 2024

“The Davos forum highlighted the transformative power of AI in the business landscape. It's clear that integrating AI into company strategy and daily operations is no longer optional but a necessity for companies to stay competitive and innovative. This transformation goes beyond mere technology adoption; it requires a shift in mindset and culture within organisations,” Martin Pejsa, Founder and Executive Chairman of Creative Dock, stated at an executive dinner, which his company, together with the strategy consulting firm Roland Berger, hosted for 80 top-tier C-suite executives, at the margins of the World Economic Forum Annual Meeting 2024. Indeed, the AI transformation of big brands has been a significant topic for Creative Dock in the past year.

Read more

Artificial Intelligence as a Servant and a Potential Threat: Setting Boundaries

The European Union's Act on Artificial Intelligence (EU AI Act) has reached the final stretch of the legislative process after a three-day negotiation marathon. Representing the world's first set of rules for regulating artificial intelligence, it evaluates AI based on risk assessment, emphasising security and transparency. While the final compromise version of the regulation has not yet been disclosed, we can still draw some initial insights.

Read more

The success story of bold acquisitions continues with a 70% growth

“We needed to accelerate our growth and impact to increase our expertise and service portfolio. Rapidly. Such a thing is only possible with well-selected acquisitions,” said Martin Pejsa, Executive Chairman of Creative Dock, about a year ago. And the strategy worked: At the end of 2023, Creative Dock, the largest independent corporate venture builder in Europe and MENA, reached a year-to-year revenue increase of 70%.

Read more

Investing in Artificial Intelligence is a Matter of Our Sovereignty

Large language models (LLMs) have emerged as the foremost technical innovation of the year, and all indicators point to their anticipated growth in the future. For models that engage in natural human language communication, the entities responsible for their creation and control wield pivotal importance. These strategic considerations significantly impact the sovereignty and future of the Czech Republic and even European prosperity.

Read more

AI has increased the efficiency of the Creative Dock tech department by a third! Wondering how?

Creative Dock has been leveraging artificial intelligence (AI) technology for several years, utilising machine-learning-based software in banking, insurance, FMCG, travel, and other industries since 2015. However, 2023 marks a turning point, as Creative Dock has undergone an AI adaptation. It has led to increased efficiency, with the company successfully enhancing its IT team's productivity by one third, in addition to other advancements. Use our know-how to achieve similar success.

Read more

Navigating Company Acquisitions: When and Why? Merger or Maintain Independence?

When one company acquires another, the leaders face a crucial strategic decision – merge the acquired entity or retain it as a separate unit. Both pathways present pros and cons, and several factors must be considered. Not to mention the situation when a bigger company acquires several smaller companies over the course of months. This is the case with Swiss independent corporate venture builder, Creative Dock, which bought four companies from different countries in just twelve months.

Read more

Scenario-Based Strategizing: Robust Strategies for an Uncertain Future

Rapid technological advancements, multiple crises, and continuous market disruption have left organisations facing a highly volatile, complex, and uncertain environment. Under such conditions, traditional strategy formation methods that assume a single future direction are no longer suitable to produce high-quality strategic decisions. More than ever, strategizing needs to embrace uncertainty and must consider multiple plausible futures, translating this into clear strategic actions. Over decades, researchers and practitioners have advocated the scenario-based technique as a key method for strategy development in both complex and uncertain environments.

Read more

Advancing Digital Government in Saudi Arabia in 2023: Utilising AI for Enhanced Public Services

In recent years, Saudi Arabia has made remarkable strides in embracing technology and digital transformation across various sectors. The Kingdom's vision for a modern and innovative nation has propelled its government to invest heavily in advanced digital infrastructure. This article explores the significant progress made by Saudi Arabia in establishing an advanced digital government while also exploring the transformative potential of AI in revolutionising public services.

Read more

Free Report: Strategic Foresight and Navigating Future Uncertainty - Our Generative AI Case Study

This cross-industry analysis applies strategic foresight methodology to one of the most complex and uncertain topics facing strategy and innovation professionals today: Generative AI.

Read more

Michael O’Sullivan: We are on course for a multipolar world

We caught up again with Michael, who spoke at Creative Dock's Executive Dinner at World Economic Forum in Davos, to talk about why he thinks Europe is the best place to live, what he would recommend for companies looking to become future-proof, why and how the impact of AI on the developed and developing countries is different, or what books are on his desk these days. Read on to find out.

Read more

Corporate Venture Building: How Entrepreneurs Unlock the Hidden Potential of Corporate Assets

In today's rapidly evolving business landscape, a multi-billion dollar industry is quietly gaining momentum: Corporate Venture Building. This innovative approach allows entrepreneurs to unlock the hidden potential of corporate assets, creating game-changing digital businesses with a real market advantage. With a total addressable worldwide market of over $20 billion annually*, Corporate Venture Building has become a powerful asset class, experiencing exponential growth in recent years.

Read more

Corporate venture building: create new value for your company by using existing assets

As businesses face continuous disruption and economic challenges, they're seeking new ways to create lasting value. A category that has gained a lot of popularity in the field of corporate growth and brand valuation in recent times is corporate venture building. It offers several advantages over traditional venture capital, corporate venture capital, or mergers and acquisitions. And it is extremely effective. Here we will explore the concept of corporate venture building, compare it to alternative methods of value creation, and discuss why more companies are choosing this approach.

Read more

Digitalisation in corporate venture building: How to do it right?

According to a BCG survey, an incredible 70% of digital transformation projects fall short of their goals. Expectations are high, but is it enough to flip your business to digital and keep going as usual? Read on for 5 tips on what to look out for.

Read more

The future of work aka is your position on the list of jobs most at risk from AI?

The future of work can only be anticipated. By the year 2030, working habits will have radically evolved due to trends such as artificial intelligence (AI), automation, demographic changes and globalisation. With this in mind, employees face several questions. What will happen to our job? Will our skills be needed in the future or will robots be able to take over our work through automation?

Read more

Learning from the best: How to master corporate venture building innovations

An Interview with Stanford Professor Yossi Feinberg by Sven Jungmann.

Read more

I recommend being curious, trying to learn, opening our hearts and going for it!

Her professional sports background taught her many lessons. “I always had to be sure that I had done everything in training. That gave me confidence for the tournament,” says Gabriela Teissing. With the same determination, she took on the role of CEO of corporate venture builder Creative Dock, in which she succeeded company founder Martin Pejsa. If you go through her CV, you can definitely tell that she always chooses the more challenging path. But if you ask, Gabi will probably tell you that she doesn't see it that way. And that she definitely believes in dreams. Only she's also convinced that you must work hard to achieve them.

Read more

Psychological hacks to kick-start creativity. How to use them for your business?

Human creativity has always fascinated me. And also the mystery that comes with it. Why does it work sometimes—but other times it just doesn't? Is creativity a limited resource? Do people, at one point or another, just get exhausted from thinking and aren’t motivated to think outside the box anymore? Or do we simply need some extra help to kick-start creative thinking? Let's see what psychology would have to say on the topic. What creativity is, how it works, and how you can make it work for you.

Read more

“We are in the midst of the biggest masonry innovation in the last 6,000 years,” says Jiri Devat

Creative Dock recently presented corporate venture building at its best in a project for Wienerberger. It is no coincidence that the introduction of the new head of the Manufacturing and Construction industrial vertical, Jiri Devat, accompanied it, as he was one of the main actors behind this innovation. During his long career before that, he headed one of Microsoft’s national offices for several years. During that time, Bill Gates made the nickname G9 popular, which became synonymous with his complex name. And what is this disruptive innovation in construction?

Read more

Look into the future! Deploying strategic foresight for your business in 2023

In recent years, the world has seen how the market evolved to be more fragmented, and any existing SME or striving business owner must be able to anticipate the best steps to stay ahead of the game. Using strategic foresight enables a company to strike the right balance between the need for short-term results and long-term competitiveness. They can prepare better for future uncertainties with robust strategies. Let’s see a summary of the experts’ from Rohrbeck Heger by Creative Dock expectations for 2023. Plus recommendations on which areas to pay more attention.

Read more

ChatGPT: is it really that big a game changer for our lives and businesses?

AI technologies are being used to improve efficiency, enhance the customer experience, and gain valuable insights. One of the most significant developments in recent years has been the creation of large language models (LLMs). One of the most advanced LLMs currently available is the conversational AI system ChatGPT, based on GPT-3.5 from research and deployment company Open AI. Despite the rather primitive use of machine learning and statistical models (suggesting the most likely continuation or the answer to the question statistically), ChatGPT gained almost divine status among Internet users within a few weeks.

Read more

Ron van Oijen: If you really want to innovate, you need to hire fresh minds

Ron van Oijen studied actuarial science at the University of Amsterdam and worked in the insurance and finance industries across the US, Europe, and Asia. He is the former CEO of one of the largest Dutch insurance companies, VIVAT. As a long-time believer in innovations, he always pursued change even in big corporations. That meant close cooperation with startups, resetting the mindset of thousands of employees, and assigning real responsibility from the top down. Ron is now an advisor to Creative Dock.

Read more

Going bigger on smaller screens

About the shift of financial services from desktops to mobile applications or how different it is to build an international mobile bank when you have already built a P2P lending platform. This and much more in an interview with Stanislav Filipcik.

Read more

Creative Dock’s Muj Albert app rocks the charts

Retail chain apps are on the rise in Czechia. As the longtime charts leader, Lidl has now been replaced by Albert CZ’s mobile app, Muj Albert, made by Creative Dock.

Read more

The best insurtech in Czechia, officially

Mutumutu, healthy life insurance, won the Zlata koruna award as the number one fintech project in the Czech Republic. But what exactly makes it the best? We asked the CEO, Jindrich Lenz.

Read more

How to innovate in times of Covid-19

Watch an interview with Edward Meegan, Creative Dock’s former Head of Innovation.

Read more

The next big thing: tokenize everything

In the near future, both people and things will be tokenized, believes Creative Dock’s Innovation Lead, Petr Vaclavek.

Read more

Startups need to hustle. Just like scientists.

Theoretical physicist Rudolf Krejcar now builds companies instead of particle accelerators. What’s so alluring about the startup life?

Read more

What have we started doing differently? Restarting the digitization of older apartment blocks

The Domy sobe project for Veolia has discovered a lot of things. Why is it that a carpet marketing blitz sometimes doesn’t work?

Read more

How a loyalty app motivates 1 million people to live more healthy

It might be the great chemistry among the Creative Dock team developing the Muj Albert app that contributed to its success. How to achieve over a million downloads and the perfect balance of work and play?

Read more

The story behind Hungary’s most successful eHealth project

“Our heatmap shows that people tend to choose doctors based on their pictures.” Interview with Zoltan Kaprinay, co-founder of the Dokio project.

Read more

Creative Dock buys Swiss innovation company Spark Works

Where is Creative Dock headed and what does its latest acquisition mean for the clients? The companies’ respective CEOs, Martin Pejsa and Linda Armbruster answered our questions.

Read more

Creative Talks: Stories of people who turned a pandemic into an opportunity

What do you do when your business is based on staffing restaurants and other gastro establishments? Would it still seem like a good idea to teach foreign tourists to seek out Prague’s best pubs and bars? And where can you find support if your therapist has barricaded himself at home and refuses to meet face to face for fear of contagion?

Read more

Will content still be king in 2022? An update on content marketing strategies

How to generate meaningful brand content and how to approach new trends? We asked Creative Dock’s Head of Content, Michal Schindler.

Read more

The ultimate metaverse metastudy. What are the smartest people in the world thinking?

A look into the different concepts, criticism, hope, and despair. Will today’s dreams turn into reality? And are we talking sweet dreams or rather a huge nightmare?

Read more

Creative Talks: Plato, Star Wars and Web 3.0. Is it too late for the metaverse?

“We are the gods of AI,” said economist Tomas Sedlacek in our talk show. But is the artificial intelligence going to make our lives truly divine in the near future? Watch the recording to find out what Swiss innovator Linda Armbruster, business foresight expert Tobias Heger, mathematician Karel Janecek, and AI expert Dita Maleckova think as well.

Read more

Fairo won the IN2 SABRE Awards 2022 for the best use of gamification

Fairo helps you manage all your financial transactions in one place. Send and personalize invoices, track payments and run tax reports, all in one app. How does gamification of accounting work?

Read more

We talked to executives in Davos about managing uncertainty. Here’s what we learned

Slammed with crisis after crisis, executives are tasked with building resilient organizations and sustainable business models. As part of the World Economic Forum 2022, we invited European digital disruption leaders to talk about uncertainty and share their key insights into managing the unmanageable.

Read more

It’s not a matter of sustainability anymore, but of survival. We discussed energy independence with European experts

Is energy self-sufficiency a responsibility of states, private investors or simply each and every one of us? At the June edition of Creative Talks, four speakers discussed social responsibility, the potential of green energy production and storage in Europe, and whether a future without nuclear power is even possible.

Read more

“I had never even googled Czechia.“ How a French marketing student landed an internship in Prague

Before Juliette Cordillot (19) came to Prague for her internship, she knew almost nothing about the city. However, her three-month internship has placed Prague, and Creative Dock in particular, firmly in her heart. Maybe it’s because no two workdays are the same, the office is directly in one of Prague’s beautiful parks — and, as a bonus, we have packs of dogs running around.

Read more

Staking a claim in MENA: What acquiring FoundersLane means for Creative Dock

“Corporate venture building is on the rise and it’s the new gold in times of inflation and uncertainty,” says Felix Staeritz, co-founder & CEO of FoundersLane and Creative Dock Group’s new board member.

Read more

“European economy has a certain DNA to reinvent itself.” Talking future strategies with serial innovator Heinrich Arnold

“As an individual, you can probably survive if you decide to avoid digitalization. But not as a society,” claims Heinrich Arnold drawing upon his experiences as a lifelong innovator. He significantly contributed to turning Berlin and Israel into high-tech hot spots, received an honorary professorship at TU Berlin, and helped build over 70 businesses either as director of research and innovation at Deutsche Telekom AG or as a supervisor and investor.

Read more

With energy rationing imminent, photovoltaics can help Europe overcome energy shortages

Photovoltaics are on the rise — at Creative Dock, we know that firsthand. Learning to save energy and using alternative energy sources independent of the political situation are the main ways to reduce Europe’s dependence on fossil fuels. Are energy shortages a real threat? Experts certainly say so. “If gas imports from Russia are stopped, energy will be rationed,” Jiri Gavor, head of the ANDE (Czech Association of Independent Energy Suppliers), told the media.

Read more

Albert Van Veen: I dream of a world without ID cards, keys, multiple different tickets and passes

It might not be surprising that a man who founded FastID, a service to manage your digital identity, would leave very little track online. Therefore, when doing research, you need to challenge your LinkedIn bubble and one of the suggestions you can get is something like “Don’t forget he has four children and he loves talking about them!” So, starting with a question about childhood and the internet seems just appropriate.

Read more

Daniel Falque on venture building in Belgium, banking, corporate culture, and the importance of distribution

If you happened to come across Daniel’s resume with his name missing, you might think some parents had sketched a perfect career for their child. You can almost hear them advising: “Start from scratch, little boy, as an insurance salesman and credit analyst, and through tireless hard work, you’ll work your way up to board member and CEO of the strongest bank in the country.” Yet, Daniel’s resume isn’t a sketch; it’s a real career.

Read more

Sustainability is an opportunity. Not just for humankind, but also for your business

This should be taken for granted: “Sustainability is no longer a choice — it’s survival.” And far from regarding sustainability as a drain on resources globally recognized companies such as Booking.com, Uber, and Starbucks, have all seen exponential growth through putting sustainability models at the core of their business. And in so doing altering the landscape of their particular industry.

Read more

Innovation — it's more than just a buzzword

“If creativity is about inventing new things, then innovation is about making them real,” said the American economist, Theodore Levitt. Is that right and does Creative Dock's statement Creation by Doing correspond to reality? We sat down with Linda Armbruster, Director of Innovation at Creative Dock to get her perspective on innovation and impact.

Read more

Corporate venture building is out to save the world. No, really

Combine the vast resources of a corporate and the speedy and disruptive spirit of a startup and what do you get? Powerful, innovative solutions at scale to solve our most pressing problems. It’s really that simple, and it’s what corporate venture builder Creative Dock has set out to do.

Read more

Can trading your idea on the market show its future success? You bet.

“Only time will tell. We will see. Let’s hope.” Those are the words running through many a managers' head when deciding what innovations their company will invest in. But imagine having a tool that helps you choose which of your services are worth investing in, or which of your innovations are less likely to gain traction. Now imagine that such a thing exists. It’s called Ideapoly® and it is built and run by the European company IdeaSense, now part of Creative Dock Group.

Read more

5 key elements that drive innovation and growth in a business

Since the pandemic, we have observed a steady recovery and steep rise in corporate venture building, especially innovative ideas that are constantly responding to changes in technology, and filling in the market gaps. However, as the reality of growing a business is not a bed of roses, not all companies are successful in executing their plans. In this 3 min read, we explore the core factors that could make or break a company.

Read more

Name entity recognition in the insurance industry: a case study

Companies from a wide variety of domains like insurance, real estate, or medical institutions are concerned with the complexity of retrieving specific information from documents. This has become a major problem in recent years with the digitalization of documents and the enormous amount of data exchanged between businesses.

Read more

Size does matter. A success story of growth. Kick-started through acquisitions

Organic growth is great. But it’s time-consuming. And if you want to expand, you can’t invest years just to establish your business in each new market. “We needed to accelerate our growth and impact, to increase our expertise and service portfolio. Rapidly. Such a thing is only possible by well-selected acquisitions,” says Martin Pejsa, Creative Dock’s CEO. And it was actually these successful acquisitions that turned his European corporate venture builder into the largest independent player in its category — rivaling the venture-building activities of the “Big Four”.

Read more

Navigating the multi-crisis environment and where artificial intelligence fits in

“Societies and businesses around the globe are facing unprecedented challenges and the threat of prolonged difficulties — be they related to war, climate, energy, inflation, etc. But despite these gloomy perspectives, Davos turned into cautious optimism among executives leaders, as the global economic outlook for the year ahead looked better than feared. Large corporations can play a major role in overcoming these hurdles,” Martin Pejsa, founder and executive chairman of corporate venture builder Creative Dock, said at the event hosted by Creative Dock and Roland Berger at the margins of the World Economic Forum’s Annual Meeting 2023.

Read more

Why is the MENA region a leader in digitalisation? Thanks to smartphones

When you say you’re building fintech in the Middle East, Westerners usually think of the strict Sharia banking rules and think it must be terribly complicated. But when you build ventures for banks in the Kingdom of Saudi Arabia (KSA), you’re in for exactly the opposite type of culture shock. E-Government there has made such progress during Covid-19 that we can be envious. Even financial applications under the tightest security are simpler, more user-friendly, and faster.

Read more
got a project?

Tell us where you want to be, and we’ll tell you how we can help get you there.

Let’s talk
Let’s talk