Tag Archives: Innovation in Banking

Standard Bank innovation empowers customers with single biometric and cross border banking accessibility

Andrew Mashanda
Standard Bank Chief Executive Officer Andrew Mashanda

Johannesburg, 10 July 2016–Africa’s largest bank by assets, Standard Bank, has seen its mobile traffic growing 100% a year as customers embrace more convenient and efficient solutions for their banking needs. During 2015, 825 million financial transactions worth R430 billion were processed through the banking app. As a consequence of this, branch transactional volumes have declined and ATM and branch transactions now make up less than 5% of total banking transactions. Continue reading Standard Bank innovation empowers customers with single biometric and cross border banking accessibility