“Working with iiDENTIFii, we can onboard new customers, securely, in under 60 seconds. This empowers the bank to bring its various offerings in line with the Fourth Industrial Revolution, and become a leader in branchless banking.”
-Funeka Montjane, CEO of Standard Bank
Standard Bank recently launched its pioneering MyMo account – a new low-cost account which rewards customers with free mobile data upon registration. With the iiDENTIFii solution now embedded, customers can securely open this account via their mobile phones without having to go into a branch.
iiDENTIFii underwent a rigorous eight-month proof of concept process with Standard Bank, during which the technology was stress-tested at scale. iiDENTIFii has been verified as legally compliant by ENSAfrica.
The technology can be integrated into any mobile platform by means of a robust software development kit (SDK), providing the critical ability to customise its functionality according to each institution’s specific requirements.
iiDENTIFii Case Study - Standard Bank.pdf