Stanbic IBTC Upgrades Transaction Banking Platform

Stanbic IBTC Bank has upgraded its transaction banking platform to FinnAxia 9.0, strengthening its digital banking capabilities for corporate and institutional clients. This move deepens the bank's partnership with Nucleus Software, marking a significant step in their more than decade-long collaboration.

The upgrade underscores a shared commitment to investing in technology to meet the growing demand for faster, seamless, and digitally enabled banking solutions. The bank aims to improve transaction banking services by enhancing its platform.

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Our relationship with Nucleus Software has spanned a decade and forms part of our broader commitment to continuously strengthening the solutions and services we provide to clients. As transaction banking continues to evolve, we remain focused on investing in capabilities that help businesses operate with greater speed, visibility and confidence.

Eric Fajemisin, Executive Director of Corporate and Transaction Banking at Stanbic IBTC Bank, highlighted the upgrade as a reflection of the bank's dedication to continuously improving its client offerings. "Our relationship with Nucleus Software has spanned a decade and forms part of our broader commitment to continuously strengthening the solutions and services we provide to clients," he said. "As transaction banking continues to evolve, we remain focused on investing in capabilities that help businesses operate with greater speed, visibility and confidence."

Jesuseun Fatoyinbo, Head of Transaction Banking at Stanbic IBTC Bank, added that the enhancement will enable the bank to simplify customer journeys and speed up the introduction of new features. "Transaction banking today is about delivering intelligent, seamless and responsive experiences for customers," Fatoyinbo stated. "This enhancement further strengthens our ability to simplify customer journeys, improve operational efficiency and introduce new capabilities more rapidly. It reflects our continued commitment to supporting clients with solutions that evolve alongside their business needs and growth ambitions."

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Transaction banking today is about delivering intelligent, seamless and responsive experiences for customers. This enhancement further strengthens our ability to simplify customer journeys, improve operational efficiency and introduce new capabilities more rapidly. It reflects our continued commitment to supporting clients with solutions that evolve alongside their business needs and growth ambitions.