Best Mobile Banking: Nominees Review #DIAA2017

Posted on July 29, 2017

Best Mobile Banking: Nominees Review #DIAA2017

Mobile banking is a service provided by a bank or other financial institution that allows its customers to conduct a range of financial transactions remotely using a mobile device such as a mobile phone or tablet, and using software, usually called an app or USSD provided by the financial institution for the purpose.

“Digital Impact awards Africa #DIAA2017 Best Mobile Banking category looks at innovations in mobile banking that have been brought to market by banking institutions” noted Innocent Kawooya, CEO  HiPipo. He added that “this category looks at Mobile Apps, USSD/SMS applications and integration of these services with Mobile Money systems operated by telecom operators.”

The nominees for Best Mobile Banking are;

  1. Bank of Africa
  2. Barclays Bank
  3. Centenary Bank
  4. DFCU Bank
  5. Diamond Trust Bank
  6. Equity Bank
  7. Pride Microfinance
  8. Stanbic Bank
  9. Standard Chartered Bank .

All nominees have greatly contributed to innovation and adoption of mobile banking however the finance institution that will walk away with the overall award will be one with the Best Mobile Banking practice in terms of providing needed functionality, reliability and security of service and applying best practices. A summary of the mobile baking features/tools to be further assessed for each nominee are.

  • Mobile App
  • USSD/SMS APP
  • Mobile Money Integration (Push/Pull)
  • Marketing focus and reach for the mobile banking offering
  • Impact to customers

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Extreme close-up of hand holding a modern smartphone with a generic mobile banking app running. This is a version without amounts and currency symbols . Note to inspector, concerning copyright etc: The whole screen (every single graphic element, including battery indicator) is designed by myself.

Extreme close-up of hand holding a modern smartphone with a generic mobile banking app running. This is a version without amounts and currency symbols .
Note to inspector, concerning copyright etc: The whole screen (every single graphic element, including battery indicator) is designed by myself.