By BUUMBA CHIMBULUSTANBIC Bank Zambia has in the last three years invested over K600 million in digital platforms as a way of contributing to the country’s cashless economy.With the Bank’s digital capabilities, clients are provided with instant remote account opening, says Stanbic Bank Head Digital Transformation and Innovation, Yaza Kara.Mr Kara stressed that the introduction of digital technology led to rapid changes within several industries, from banking and finance to retail.“However, with a new player in town [Covid-19], one that which we cannot see – threatening our way of life, the up-take of digital technology is sky-rocketing like we have ever seen it before.“Unlike any time in the past, the ability for consumers and service providers to conduct most banking activities digitally is not just about innovation and efficiency but may be a matter of life and death,” she said in her OP-ED.Ms Kara said as the impact from the virus intensified, banks and other […]
Stanbic’s K600m digital initiative upbeat
