Success unveiled: Standard Bank's seamless SME digital onboarding process

SME Banking
Q+
29/01/2024 Video
profile picture of Kim Holmes

Kim Holmes

Standard Bank

Head, Digital and eCommerce, Business and Commercial Banking

Kim Holmes, Head of Digital and eCommerce for Business and Commercial Banking at Standard Bank, introduces their cutting-edge SME digital onboarding solution.

After 18 months of meticulous work and testing, the African bank is now unveiling a digital onboarding solution for SMEs, centered around facial recognition technology. This marks a significant improvement from the previous timeframe of 3 days to 2 weeks, now streamlined to approximately 10 minutes. Kim provides a detailed explanation of the entire process.

Want to keep reading?

Become a Qorus member to get access to all our insights

Related news & insights

SME Banking
26/07/2024 Video

Opportunities and challenges for SMEs in post-COVID Asia

Aditya Sharma, Global Head of Small Business Products and Portfolio Clients at Standard Chartered Bank, discusses the trends and challenges...

ESG
24/07/2024 Video

Standard Bank's innovative Looksee platform to empower homeowners

Marc Du Plessis, the Executive Head of the Looksee Platform at Standard Bank, presents a product that has made a...

Digital Reinvention
22/07/2024 Interview

Transforming banking with digital infrastructure: Q&A with Dr. Pramod Varma

In this in-depth interview, Rajashekara V. Maiya, Head of Business Consulting at Infosys Finacle, talks to one of the leading...

SME Banking
19/07/2024 Interview

NewTech Friday: MiddleGame Ventures – Investing in the future of financial innovation

MiddleGame Ventures is a fintech venture capital firm investing in early-stage startups at the intersection of Fintech 3.0 and Web...

Digital Reinvention
19/07/2024 News

NatWest launches banking app on Apple’s Vision Pro device

NatWest has announced the launch of its banking app on Apple’s Vision Pro, a device that blends digital content with...

ESG
18/07/2024 Interview

The changemakers: La Banque Postale's journey to a mission-led future

Following the announcement of its company purpose in June 2021, the French bank La Banque Postale (LBP) became a mission-led...

Digital Reinvention
17/07/2024 Article

Next-Gen Core Banking: Empowering Financial Institutions with Cloud Technology

Discover the evolving landscape of cloud technology in banking, as discussed in a recent session hosted by Qorus and Infosys...

Embedded Insurance
17/07/2024 Article

Partnerships prove critical to embedded travel insurance success

Insurers are turning to embedded insurance to expand and extend their travel offerings. But to succeed they need to select...