KARACHI: Standard Chartered in Pakistan announces the launch of its state-of the-art innovative Digital-Banking solution aimed at elevating client experience by offering enhanced convenience, agility and customized offerings to its existing and potential client-base.
The solution has been developed in-house leveraging global expertise and best practices and partnering with local service providers under the Digital drive of the State Bank of Pakistan.
According to SCB, using the newly launched platform, clients can open their accounts, perform transactions, seek a host of services and subscribe for products, without the need of visiting the branch or using other customer servicing channels. The digital solution involves straight–through processing with automated work-flows including the integration of core banking and due-diligence systems to offer minimal turn-around-time.
With this launch, Standard Chartered once again combines its international expertise in digital banking with its local knowledge to bring together a unique offering unlike any in the market. The State Bank of Pakistan has played a leading role in creating an environment to push the frontiers in this space. Standard Chartered is also the first bank in Pakistan to join hands with NADRA to offer real-time biometric verification for account opening though the Standard Chartered Mobile App.
On this development, Chief Executive Officer of Standard Chartered Pakistan Limited (SCBPL) Rehan Shaikh has said that the App is prepared to set new benchmarks for innovation in financial services, with a primary purpose of making banking simple and convenient for everyone.
“This is a key milestone in our aspiration to lift participation and drive financial inclusion across Pakistan. It also signifies our commitment to not only investing in and growing the market, and also fuelling innovation through strategic collaborations and partnerships to advance an integrated digital banking ecosystem,” he added. Standard Chartered recognizes that technology-driven enablement and partnerships can facilitate the resolution of challenges facing various sectors and accelerate economic growth for different market segments.
Copyright Business Recorder, 2021
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