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CBA opens Innovation Lab inside Sydney HQ

Technology as important to CBA as classic banking skills, says CEO Ian Narev

  • An Oculus Rift virtual reality experience in CBA's new Innovation Lab lets customers demo the bank's payment technologies.

  • Users can wave their hands, a la Microsoft Kinect or Leap Motion, to view information about CBA products.

  • This screen displays real-time CBA data.

  • Customers can learn about trends in various neighborhoods or industries using a combination of this screen and a tablet interface.

  • CommBank employees discuss how to innovate payments in the Innovation Lab with assistance from a digital whiteboard.

  • A closer look at that whiteboard.

  • A group of CommBank employees talking innovation.

  • The winners of the UNSW hackathon explain their app, CrowdSauce, to NSW Minister for Finance and Services, Dominic Perrottet. The app will appear on CBA's upcoming [[artnid:557496|Android-based payments terminal]], Albert.

  • CommBank CEO Ian Narev announces the Innovation Lab. To his left, Kelly Bayer Rosmarin, CBA group executive of institutional banking and markets.

  • CommBank's new CIO, David Whiteing.

  • NSW Minister for Finance and Services, Dominic Perrottet, said government should follow the example set by the private sector on technology.

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