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United Bank for Africa Plc has received global recognition for using cutting-edge technology to provide simple and convenient banking services to its customers.
The lender said it was adjudged winner in two categories at the recently concluded Finacle Client Innovation Awards 2016, organised in India by Infosys Limited.
Infosys provides business consulting, information technology and outsourcing services to financial institutions across 19 countries.
The UBA won the ‘Award for Process Innovation’ on account of its innovative approach to transaction authentication and reconciliation, and also clinched the award for ‘Project Management Innovation’ as a result implementing a “multi country migration” of Finacle banking solution using the clustered rollout concept.
The awards were keenly contested for by financial institutions with over 160 nominations received from across different banks in 94 countries, the lender said in a statement on Monday.
The Group Managing Director/Chief Executive Officer, UBA, Mr. Kennedy Uzoka, was quoted to have said, “The Finacle Awards is an attestation to the quality of human resources that abound in UBA and the importance the bank places on using information technology to better serve its customers.
“UBA has remained the leading bank in driving customer satisfaction and banking penetration across Africa using information and computer technology. In achieving this, we have and will continue to commit resources to bringing convenience to our teeming customers.”
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