African Design Magazine February 2015 | Page 38

response to the changing customer landscape. Customers are living in a rapidly changing world. Evolving customer needs, coupled with technology, are shaping the way that businesses operate. The sum of this was the birth of a new type of business model for financial institutions – collaborative innovation. 38 The facility also features a state-of-the-art testing area where customers will test new innovations and can provide invaluable insights africandesignmagazine.com and help to create a seamless User Experience (UX) journey for all Standard Bank’s offerings. Standard Bank will be able to integrate both its customer and staff into the creative design process. Successful innovations will not only be rewarded, but implemented by Standard Bank. “This experience proved not only to be valuable in terms of creating a remarkable user experience based on customers’ needs but also a learning curve for us in how we use this space,”