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.

Hot this week

GOCOP to Institute Dotun Oladipo Prize for Online Journalism

The Guild of Corporate Online Publishers (GOCOP) has announced...

Leadway Unveils Bespoke Short-Term Cover for Businesses, Visitors to Nigeria Ahead of Festive Season

L–R: Brand and Communications Manager, Leadway; Niyi Abiola, Global...

Ecobank: Driving Sale of Dangote Refinery Shares Across Africa for Retail, Institutional Investors

Ecobank is enabling the sale of Dangote Petroleum Refinery...

Ecobank, AD Consulting Unveil Nigeria’s Art, Architecture Icons in “The Convergence”

Nigeria’s leading voices in art and architecture will converge...

Benin-Asaba Expressway Concession Company Appoints Emmanuel Onwodi as COO

The Benin-Asaba Expressway Concession Company Limited (BAECC) has announced...

Topics

Royal Exchange Confirms Auwalu Muktari as Group CEO

The Board of Directors of Royal Exchange Plc has...

Great Nigeria Insurance Reports N5bn Annuity Growth in Qtr 1, 2021

Mrs. Cecilia O. Osipitan Managing Director/CEO, Great Nigeria Insurance Plc Great...

Sovereign Trust Insurance Wins Enactus Catalyst Award

From L-R: Victor Akinfala, Head Partnerships & Special Projects,...

5th Africa Business Forum for Addis Ababa March 1

The 5th edition of the Africa Business Forum in...

Nigeria’s 2016 GDP Contracts 1.5% …NSE ASI Down 17bps

The National Bureau of Statistics (NBS) released its Q4:2016...

Sovereign Trust Insurance Reports N10bn Gross Premium in Q3 2021

Mr. Olaotan Soyinka Managing Director/CEO Sovereign Trust Insurance Plc Despite...

ADB, EIB Launch €150m Fund to Finance 1500 African SMEs

The European Investment Bank (EIB) and the African Development...

NCRIB President Attends BIBA Conference in UK

L-R: Deputy President, Nigerian Council of Registered Insurance Brokers...