Analysis of News relating to the Digital Money Ecosystem

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Analysis of News relating to the Digital Money Ecosystem

Standard Bank goes full steam with branchless banking - ITWeb

01/10/2019 Link to source

Standard Bank goes full steam with branchless banking   

Context

https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/standardbank.pngStandard Bank Group
Standard Bank Group is a global bank with African roots. It is the largest African bank by assets as of 30th June, 2014, and operates in 30 countries in Africa.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/framework/branchlessbanking.pngBranchless Banking
Branchless Banking (BB) services is the category we use to describe services where banks/Fis leverage non-banks and technology to provide account opening, cash services and alternate financial services.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/standardchartered.pngStandard Chartered Bank Brunei
Standard Chartered was formed in 1969 through a merger of two banks: The Standard Bank of British South Africa, founded in 1863, and the Chartered Bank of India, Australia and China, founded in 1853. Standard Chartered PLC, listed on the London, Hong
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/standardbank.pngStandard Bank South Africa
Standard Bank Group is a global bank with African roots. It is the largest African bank by assets as of 30th June, 2014, and operates in 30 countries in Africa.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/nfc.pngStandard Bank Mobile Banking App
Standard Bank is driving various services for the use of mobile in delivering financial services including its community banking project started in 2009, its NFC pilots and Mobile Money.
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/icons/nfc.pngMuvo Card Standard Bank Dual Purpose NFC Mastercard for buses
A multifunctional payments card, incorporating both near field communication (NFC) and debit card functionality, has been rolled out by Standard Bank in May 2012
https://shiftthought.s3.eu-west-2.amazonaws.com/spaces/digital-money/images/stdefault.pngBranchless Banking
These are initiative to utilise new technology and non-banks in order to extend the reach and provide banking services to the unbanked and underbanked.

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