Standard Bank partners with Microsoft to boost agility, resilience and innovation in Africa

3news's logo

3news June 23, 2021 2:55 p.m.

Standard Bank partners with Microsoft to boost agility, resilience and innovation in Africa

“As a long-standing technology partner, we are pleased to collaborate with Standard Bank in realizing this strategy and in becoming Africa’s future-first financial services firm through digital skilling-focused initiatives that will expand economic opportunity for young people across Africa.” As part of the partnership, the companies will also: The African Digital Foundry (The Foundry) Standard Bank and Microsoft, through the Foundry, will co-create and execute joint go-to-market digital services related to trade, payment, and risk-based (lending and insurance) solutions.

“The partnership will further enhance and create ongoing collaboration between our firms around co-engineering solutions for African consumers’ unique needs.” Skills and Small Medium Enterprise (SME) Development Harnessing the power and reach of both organisations, the partnership will also drive digital skills development, boost youth employment, and accelerate the growth of SMEs on the African continent.

“Standard Bank’s cloud-first strategy underlines the growing momentum in financial services to deliver differentiated experiences that today’s customers expect,” said Judson Althoff, Microsoft’s executive vice president of Worldwide CommercialBusiness.

“Investing in the cloud will allow Standard Bank to achieve its strategy to transform from a traditional financial services company into a digital platform company, providing financial services, plus ancillary and associated services..

Read Full Story

Weather Report

16.34

weather-icon

Saturday, April 27

Stay pulsed! Stay informed!