About

Our human focus
on innovation

In March 2018, Standard Chartered launched SC Ventures, a business unit to promote innovation, invest in disruptive financial technology and explore alternative business models







Our purpose

“Rewiring the DNA in Banking” was chosen intentionally. “Rewiring” recognises the digital element, where we aim to better use data, technology and partnerships with Fintechs to accelerate our transformation. At the heart of our change aspiration is the “DNA” – our human focus on innovation.

With this as a guiding principle, we aim to:

  • deliver a much better customer experience
  • empower our employee to think creatively and deliver impactful change as part of their work life as innovation is ultimately about people
  • change “banking” and make it truly relevant for future generations 

 

 

Our vision

Rewiring the DNA in Banking

  • Leveraging human-centric design, a lean start-up approach and fintech enablement
  • Nurturing an intrapreneurial culture by empowering people to take initiative
  • Creating open platforms and a network of people and partnerships

Fintech Start-up Engagement 500+
Preliminary Fintech evaluation 177+
2018 Internal innovation journey
08 Challenges across various business units
382 Staff trained on Human-Centred Design
04 eXellerator labs set up: SG,HK,UK,Kenya
1,200+ ideas submitted on internal ideation platform
16,500+ staff registered on internal ideation platform
20+ Intrapreneurs selected to work on their ideas
49 Pitch Sessions in Intrapreneurs Programme
25 bootcamps in Intrapreneurs Programme
02 prototypes built in Intrapreneurs Programme