Stanbic IBTC upgrades transaction banking platform to boost digital services

Stanbic IBTC Bank has upgraded its transaction banking platform to FinnAxia® 9.0, strengthening its ability to provide faster and more digitally enabled services to corporate and institutional customers.
The bank, a member of Standard Bank Group, completed the upgrade in partnership with Nucleus Software, marking the latest milestone in a relationship that has lasted more than a decade.
The upgrade is expected to improve the bank’s payment, collections, liquidity and cash management services while increasing automation, connectivity and operational efficiency.
It will also provide Stanbic IBTC with a more flexible platform for introducing new digital banking capabilities as busines...