Standard Bank said the launch of the 27 square metre PlayRoom creative hub in Rosebank, Johannesburg marked its move to cement its strategy as a customer-centric and innovative institution. Linda Swart is an innovation and entrepreneurship enthusiast with a keen interest in global trends and technology. The Innovation Hub. Standard Bank’s PlayRoom consists of a high-tech testing facility along with free-thinking rooms that allow staff and customers alike to trial new innovations and provide instant feedback. The bank says its innovation hub is a response to constant change and challenges, spurred by technology.
South Africa’s Standard Bank has opened an innovation centre in Johannesburg in an effort to foster a startup culture. NatWest and RBS to launch accelerator hubs for entrepreneurs. The Innovation Hub at African Utility Week is a unique platform that features new innovations and new technologies in the African energy and water sectors. South Africa-based Standard Bank, which implemented Meniga’s PFM Solution in 2013, is growing it’s efforts to rebuild the start-up culture in Johannesburg. The bank hopes to lead the way with its new innovation lab, the PlayRoom, which will incorporate innovative design within a technology-driven hub.
Why the World’s Top Banks are all Launching Their Own Innovation Hubs. While Lee wasn’t ready to declare the death of banking, the world’s top banks are taking note of these threats and addressing them in one very important way: massive investments in research and technology. In partnership with Standard Bank, Seedstars World will host pre-selection events in Cape Town, Durban and Soweto and invite the top 3 from each city to the grand finale hosted at the Standard Bank Incubator in Johannesburg. Commonwealth Bank (CBA) is building on its Sydney innovation lab by launching a second lab in Hong Kong and unveiling plans to expand to London later this year.
Standard Bank Builds Playroom To Push Startup Culture
South Africa: A Digital Innovation Hub for Financial Services. The system uses Standard Bank’s Instant Money service and for the first time allows users to take money out of the Mxit ecosystem.