Standard Bank unveils Sh83m mobile banking platformStandard Chartered Bank on Monday launched a mobile digital bank for its retail customers with enhanced features at Sh83.4 million.The platform will now allow clients to open an account in less than 15 minutes, transact, save, borrow, invest, insure and protect their wealth online without having to visit a branch. Standard Chartered Bank Kenya Managing Director and CEO Kariuki Ngari said the full end to end digital solution can be accessed by downloading or upgrading the SC mobile App via Google play store or Apple store. It is available for both existing and new clients to open a Standard Chartered Digital Life Account anywhere, anytime. Additionally, the rollout will also see the Bank engage in strategic local alliances to create an appealing lifestyle banking proposition. Kenya is the fifth market in Africa within the Standard Chartered network to launch the digital-only retail bank alongside Cote D'Ivoire, Ghana, Tanzania and Uganda.

Source: Standard Digital March 11, 2019 10:31 UTC