ADVERTISEMENT

Leading bank launches new mobile banking platform

One of the key features of the new app is the new marketplace, which offers SMEs the ability to operate a virtual store and also receive payments

Phillips Oduoza, MD/CEO UBA, and Tony Elumelu, Chairman, UBA

According to various media reports, pan African banking group, United Bank for Africa (UBA), has launched a new mobile banking platform called U-Mobile.

According to a report by Mobile Money Africa, the new platform is designed to be ‘more advanced and user-friendly’ than the platform that precedes it.

It is compatible with multiple devices including tablets, phones, iPhones, Android, and Blackberry phones.

‘The new U-Mobile is an entirely new platform,’ says Yinka Adedeji, divisional head for digital banking at UBA.

ADVERTISEMENT

Adedeji adds that the purpose of the new app is ‘to offer quick and easy banking at your fingertips, no matter where you are or the time of day’.

One of the key features of the new app is the new marketplace, which offers SMEs the ability to operate a virtual store and also receive payments, according to the Mobile Money Africa report.

The U-Mobile platform is a complimentary service to the existing online banking app of the bank, U-Direct.

Mobile Money Africa reveals that both platforms run on Infosys’ Finacle offering, an offering UBA has been using for its core banking system for over a decade.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Federal Govt set to sue Binance ltd, officials for tax evasion on April 4

Federal Govt set to sue Binance ltd, officials for tax evasion on April 4

What Nigerian law says about treatment of people with disabilities

What Nigerian law says about treatment of people with disabilities

Gambling investment is evil, will take away everything - Cleric warns youths

Gambling investment is evil, will take away everything - Cleric warns youths

All teachers need to learn digital skills to earn their students’ respect

All teachers need to learn digital skills to earn their students’ respect

Lagos lawmaker begins road construction in Yaba to ease residents' plights

Lagos lawmaker begins road construction in Yaba to ease residents' plights

Over 100 inmates in Kano seek mercy, review of death sentences

Over 100 inmates in Kano seek mercy, review of death sentences

FG shuts KFC outlet that 'humiliated' Gbenga Daniel's wheelchair-bound son

FG shuts KFC outlet that 'humiliated' Gbenga Daniel's wheelchair-bound son

Reps vow to retrieve sold Govt helicopters, summon aviation ministers

Reps vow to retrieve sold Govt helicopters, summon aviation ministers

Distress of abducted Kuriga school children led to successful rescue - DHQ

Distress of abducted Kuriga school children led to successful rescue - DHQ

Pulse Sports

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

Nigeria vs Mali: Has Finidi George done enough to land Super Eagles job permanently?

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

I want to emulate Keshi and win the AFCON - Finidi George shares ambitious Super Eagles dream

Michelle Alozie: I had to do it because of African referees

Michelle Alozie: I had to do it because of African referees

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

AC Milan star reveals he was named after Super Eagles legend Tijani Babangida

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Give him the job! Super Eagles fans beg NFF to make Finidi George permanent coach after Nigeria's win over Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

Super Eagles 2-1 Black Stars: Nigerians praise Iwobi, Lookman, Finidi George after friendly victory against Ghana

ADVERTISEMENT
ADVERTISEMENT