CBA takes Innovation Lab on the road
(27 October 2016 – Australia) Commonwealth Bank of Australia (CBA) is touring the country with a pop-up innovation lab to demonstrate to local business communities the latest technologies that are set to transform the banking industry.
The tour started in Brisbane on 27 October and continues through to 23 November, offering businesses the opportunity to try out the latest in technology and innovative practices from the bank’s permanent labs and work on prototype applications with bank coders.
CBA’s business and private banking head Adam Bennett said: "Our labs aren’t just about technology, they are about providing the space and expertise to ensure innovative thinking takes place, with the customer at the centre of this thinking.
“Today, more than ever, it is vital that businesses understand the evolving expectations of their customers and make significant changes to their products, services and business practices in response to a rapidly changing marketplace.”
Bennett added that more than 300 clients and 400 Queensland staff will have had the opportunity to make use of the Innovation Lab during its four weeks in Brisbane.
The bank has a permanent Innovation Lab in Sydney, Hong Kong and London. It said that the pop-up demonstrations will continue in 2017, scheduled to make a further five stops.
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