Member News: Standard Chartered launches a Shanghai-based innovation lab to tap China’s tech market

The «eXellerator» innovation lab in China alongside others in Singapore, Hong Kong, London, Kenya, and San Francisco are part of the bank’s SC Ventures unit, a research and development arm focused on innovation and fintech. «With the launch of the eXellerator, Standard Chartered aims to deepen its contribution and participation in China’s vibrant technology and innovation ecosystem,» the bank said, highlighting various tech competencies including artificial intelligence, biometrics and mobile payments that could improve its client products and experiences.

News via Finnews Asia.