Nigeria: Hope PSBank unveils brand identity, commences operations
- 27 November 2020 / News / 206 / Emerging Africa
Hope PSBank, a subsidiary of Unified Payment Services Limited and Nigeria’s premier digital-first bank has unveiled its brand identity as part of activities marking the commencement of banking operations targeted at promoting and driving financial inclusion in the Nigerian ecosystem.
Its commencement of banking operation follows the approval of license as a Payment Service Bank by the Central Bank of Nigeria (CBN) in August 2020
Speaking at the launch, the Executive Governor of Lagos State, who was represented by the Commissioner of Finance, Mr. Rabiu Olowo commended promoters of Hope PSBank for making the dream of a digital bank a reality, stating that the state government is committed to creating an enabling environment for such innovation to thrive.
Also speaking at the event the Minister of Communications and Digital Economy, who was represented by Director-General, National Information Technology Development Agency(NITDA), Mr. Kashifu Inuwa Abdullahi, described the launch of Hope PSBank as a game-changer in the banking sector that would not only reduce operational cost drastically but also bring about transformation in the banking system.
He explained that the setting up of the bank was focused and largely driven by the need to ensure that a vast majority of Nigerians have access to financial services noting that its logo represents the optimism and dependability which the brand espouses
Abubakar revealed that the payment service bank offers a unique and unparalleled experience for customers as the wallets/accounts are opened end to end without any human intervention.
Also speaking, the Managing Director, Hope PSBank, Mr Ayotunde Kuponiyi expressed the company’s aspiration to give hope to Nigerians.
He explained that the bank is ready to redefine financial and payment services by driving inclusion through the leverage of digital technologies.
According to Kuponiyi, Hope PSBank offers a competitive edge among the lot as it delivers financial services to customers with ease, convenience, affordability, and access unhindered.
“With Hope PSBank, every mobile phone user can easily enjoy instant digital financial and payment services using his or her phone number as account number and also a means of payment across all channels – person-to-person on personal devices, web, merchants’ points of sale, automated teller machines and agency outlets. Cheque books are not required, no payment cards or any form factor, just phone number,” Kuponiyi stated.
Also speaking, the Chief Marketing Officer, Hope PSBank, Mrs Kathleen Erhimu said the bank is unique from other players in the market as it offers services and solutions to customers of other banks without necessarily having an account registered with it.
“At Hope PSBank, we redefine the concept of open banking and the boundaries of competition by offering our unique financial and payment services to customers of other banks who are not required to open or maintain an account with our bank,” Erhimu explained.
“All transactions on our platforms are gladly settled into accounts of our community of users and customers with any bank of their choice
Egypt : CIB Sustainability Reporting Award recipients attend GRI Certified Training Workshop
- 20 January 2021
The Commercial International Bank (CIB), Egypt’s leading private sector bank, has celebrated its fifth year of GRI Sustainability Reporting, by launching a Sustainability Reporting Award targeting the...