Standard Bank Leads in Africa with Digital Innovations

Standard Bank is on a committed journey of rapid digitization across the continent, offering its customers more convenient ways to interact with their personal banking services.
The latest innovation in this digital transformation journey is the expansion of the existing Standard Bank banking app to four additional African markets simultaneously, namely Uganda, Namibia, Ghana and Botswana with plans to roll it out to Nigeria, Kenya, Zambia and Zimbabwe by the end of 2016.
The Banking App already enjoys high usage amongst Standard Bank’s South African and Offshore customers.
Rapid developments in Standard Bank’s drive to enhance its digital customer interface in Africa and simultaneous multi country enablement on the continent have been combined with extensive customer testing and prototyping, to deliver a consistent customer experience which is locally relevant to users in each of the four additional markets.
The release of the app is a demonstration of Standard Bank’s significant investment in an enterprise technology framework that is reusable in all its markets, providing a world-class and a consolidated view of banking portfolios within the Group from a single mobile interface.
Through the single interface customers will enjoy a seamless integration of their personal and business banking profiles, with a singular view of all their accounts across multiple geographies, as well as single sign-on capability from anywhere in the world – all from the convenience of their smart phone.
“Essentially this is one of the first mobile banking interfaces in Africa that allows our bank customers access to their accounts across multiple countries within the Standard Bank Group,” says Adrian Vermooten, Head Customer Channels Africa, Standard Bank.
“It is particularly important to us to ensure we continue to leverage and build banking solutions that ultimately make the lives of our customers easier and more convenient – enabling customers to bank on their terms whenever they want,” he adds.

The app offers a richer and intuitive customer experience as it takes advantage of smartphone sophistication such as biometrics for secure access, access to device contacts, and social networks for sharing of information.
Future releases of the app in late 2016 will include additional features such as Real Time Payments, Online account opening and numerous other value-added services for individuals and businesses.
“The introduction of this app is a further step in Standard Bank’s drive to build a universal bank for its customers across the continent. As a bank that operates in 20 markets across the continent and has a deep understanding of our customers in diverse markets, we are committed to delivering services that are aimed at meeting the needs of our customers and enhancing their banking experience. Africa is our home, we drive her growth” says Mr. Vermooten.

spot_img
spot_img
spot_img
spot_img

Hot this week

RMBN Money Market Fund Receives Two-Notch Upgrade to ‘A+’ from Agusto & Co.

RMB Nigeria Asset Management Limited (RMBN AM) has received...

NCDMB, SNEPCo, LADOL Launch Human Capacity Development Programme for Supply Base Services

The Nigerian Content Development and Monitoring Board (NCDMB), in...

NCDMB Hosts Ghana National Oil Coy on Local Content Benchmarking Study

  R-L: Dr. Obinna Ezeobi, General Manager, Corporate Communications, Esueme...

NCDMB’s Oil & Gas Park to Become Operational Q4 2026

The Nigerian Oil and Gas Park Scheme (NOGaPS) at...

Is the Era of the POS Operator Coming to an End?

By Elvis Eromosele Step outside your home in Lagos, Kano,...

Topics

Independents to Account for 25% Oil Production by 2020

Independents are projected to account for about 500kbpd by the year 2020, representing 25% of crude oil production in Nigeria, from the current level of 10%. The development is seen as a reflection of the changing landscape of the oil and gas industry in Nigeria. Key Recommendations: • Integration of the upstream to other parts of the value chain may eventually be driven by the independents. • Challenges such as security, especially for independents operating in shallow waters. Local companies reiterated that security and community challenges have greatly altered their cost of production which cannot be fully ascertained. When coupled with Government take and interest from loans the cost per barrel increases. • Government is to ensure that an enabling environment is created - independents need to be able to deliver on capacity growth and funding.

ETA-Zuma Plans 300 MW Coal-fired Plant in Nigeria

Miner ETA-Zuma announced it plans to build a 300...

‘Africa Sleepwalking into Cancer Crisis’

One of the unfortunate consequences of more people surviving...

Nigeria, Country Example, at Paris Corruption Conference

This week, 200 leading anti-corruption leaders are meeting in...

Nigeria’s Smartphone Market Grew in 2019 but COVID-19 Casts Dark Shadow

    Nigeria's smartphone market grew 5.3% quarter on quarter (QoQ)...

Stanbic IBTC FUZE Talent Show 2025 Kicks Off 4th Season

The Stanbic IBTC FUZE Talent Show 2025, themed “The...

ADB Approves $40m Loan forAfeBabalola University

The Board of Directors of the African Development Bank...
spot_img

Related Articles

Popular Categories

spot_imgspot_img