The virtual and physical event tagged “unveiling of the
According to the bank, the new digital bank is set to grow its market share, targeting a new generation of digital natives and immigrants who are socially and financially aware of innovations in self-service and stress-free transactions.
Reacting to this development, Innocent Ike, the acting managing director/CEO of the bank, said the new platform is returning all powers to the customer as king.
He said customers are now at liberty to enjoy an unhindered, contactless and refreshing banking experience all at the tip of their fingers thanks to the newly launched VULTe app.
The bank, in a statement, said the digital bank platform offered a suite of services which included access to instant loans, accessing the platform service without being a prior customer of the bank and end-to-end account opening without entering a physical bank.
It also said it had overhauled its IT infrastructure within the last two years and upgraded its digital capability.
In his comment, the bank’s Managing Director/CEO, Innocent Ike, said, “This has seen the institution grow to earn the confidence of the banking public as it has been able to offer quality banking services at the cutting edge of technology.”
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Polaris Bank Limited has said it is set to launch a new digital bank.
It disclosed this in a statement on Sunday titled ‘Polaris Bank set to boost Nigerian’s digital banking ecosystem, unveils a new digital bank’.
The bank said this was necessary with the rising opportunities in the e-payment systems accelerated by the COVID-19.
The statement said, “Feelers indicate that the bank’s new digital bank, which has for some time been in test mode among its staff and customers, is set to grow its market share, targeting a new generation of digital natives and immigrants who are socially and financially aware of innovations in self-service and stress-free transactions.
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With the rising opportunities in the e-payment systems accelerated by the COVID-19 era sweeping across the world, there are indications that one of Nigeria’s leading retail franchise, Polaris Bank, has thrown its hat into the ring as it unveils a new digital Bank.
Feelers indicate that the Bank’s new Digital Bank which has for some time been in test mode amongst its staff and customers, is set to grow its market share, targeting a new generation of digital natives and immigrants who are socially and financially aware of innovations in self-service and stress-free transactions.
According to industry players, the long wait which greeted the launch was to ensure that the platform is robust enough to meet prevailing global standards and support other existing entities in the digital banking ecosystem.
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