Looking to the future: Nations Trust Bank establishes innovation lab, will host first ever Fintech Hackathon

Sri Lanka’s first innovation centre in the financial services sector has recently been launched by Nations Trust Bank, as part of their on gong commitment to bringing futuristic solutions and customer experiences to the industry.

An innovation centre is essentially a dream lab, a place to test and turn dreams into reality. Nations Trust has created the perfect environment for inspiration and ideation at their “Kaffeine Lab”, located at Gregory’s Road. The major goal is to open the bank’s systems up to developers and enthusiasts so that they may use Nations Trust Bank’s existing infrastructure to build new fintech products and services which can be deliv- ered via the bank’s own platforms or via 3rd party platforms.

The key objectives of the Kaffeine Lab is to actively engage and collaborate with other ecosystems such as non- financial sector industries, academics, start- ups and the customers themselves to solve real customer problems, enhancing customer experience through disruptive digital transformation, radically changing the operating and business models in the financial services industry and to foster a strong innovative and digital culture within Nations Trust by working closely with all internal stakeholders to prototype, pilot and implement solutions which transforms the way the bank works.