12 Nov '17, 10pm

Experimenting in innovation labs - The Business Times

Experimenting in innovation labs - The Business Times

AT a time of technological advancement, the old adage that change is the only constant rings true for many financial institutions today. But more than 20 banks and insurers have stepped up to the challenge in Singapore by setting up innovation labs to test ideas with partners and among staff. Amid calls for financial institutions to offer products that are responsive to customers' needs, banks and insurers are trying to reinvent the wheel by having technology as an enabler, rather than a force of crippling disruption. And it is here that innovation labs can help in refining customers' needs, so that financial institutions can figure out ways to solve various pain points that are not limited to this city-state. HUMAN TOUCH sentifi.com Market voices on: At Standard Chartered, its innovation lab - SCB eXellerator - brings together business units across the globe. Chang Wea Me...

Full article: http://www.businesstimes.com.sg/hub-projects/singapore-fi...

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Road to fintech - The Business Times

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