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Wema Bank Launches ALAT, First Nigerian 100% Digital Bank - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / Wema Bank Launches ALAT, First Nigerian 100% Digital Bank (26463 Views)

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Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by NewsPoacher: 8:51am On May 06
http://www.vanguardngr.com/2017/05/wema-bank-launches-digital-bank/



WEMA Bank Plc has launched Nigeria’s first full digital banking service, named ‘ALAT’, which it says, signifies the beginning of a revolution in the banking industry; one where the needs of customers are met using technology to provide cheaper, faster and better services. At the moment, a large part of banks’ digital initiatives looks at delivering existing services cheaper, faster and better.

The Managing Director, Segun Oloketuyi stated: “There is a reason banks are closing branches. Apart from the difficult economic environment, customers are increasingly adopting digital options for their banking needs, hence a reduction in the number of people that visit physical branches. The pace at which things are changing in the digital world is rapid. Therefore, every forward-thinking brand is always looking to improve on their digital offerings. With ALAT, Wema Bank has offered Nigerians everywhere in the world a bank that is designed to meet their needs.”

ALAT by Wema has enjoyed good reception from the market since the beta launch some weeks ago. The new digital bank is expected to disrupt the banking landscape and is driven by three pillars – Convenience, Simplicity and Reliability.

With ALAT, account opening/sign-up can be done in five minutes from a mobile phone or personal computer. Holders of the account can also enjoy a simple automated savings plan that will see them earn 10 per cent annual interest – about three times the standard bank rate. Debit cards are delivered to an account holder’s address in two business days, anywhere in Nigeria, at no cost.

21 Likes 4 Shares

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by benedictnsi(m): 8:55am On May 06
Okay.... Just like in football, I see WEMA BANK as a club (Bank) that may enter relegation (bankrupt)..... That's y I don't support (patronize) them..... gringringrin

4 Likes 1 Share

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Agimor(m): 8:57am On May 06
So can I deposit my money online without going to the bank?

60 Likes 1 Share

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by gidimasters(m): 9:02am On May 06
grin angry
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by waleyp(m): 9:12am On May 06
YES YOU CAN DEPOSIT YOUR MONEY WHILE AT HOME,JUST PLACE THE AMOUNT YOU WANT TO DEPOSIT ON YOUR PHONE OR SYSTEM. LOL

102 Likes 3 Shares

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Partnerbiz2: 9:21am On May 06
I want to deposit physical cash to sb. How?
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Nobody: 9:55am On May 06
grin grin grin grin

Are there banks in Somalia?
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by eph123(f): 9:56am On May 06
waleyp:
YES YOU CAN DEPOSIT YOUR MONEY WHILE AT HOME,JUST PLACE THE AMOUNT YOU WANT TO DEPOSIT ON YOUR PHONE OR SYSTEM. LOL

cheesy

2 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Partnerbiz2: 9:56am On May 06
I don get alat Godwin

18 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by costandi(m): 9:57am On May 06
Wema bank that doesn't have a branch in Enugu.
Is that one a bank?

20 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by vosquare: 9:57am On May 06
Wema bank... One of the worst banks I know

3 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by obembet(m): 9:58am On May 06
Hmmmm, this is great improvement but if u are a banker, save for ur back up, prepare for another cos your service may not be needed anymore ... This is gonna affect many bankers

11 Likes 1 Share

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Nellybank(m): 9:59am On May 06
Lunch like say money dey this kontry again

1 Like

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by HsLBroker(m): 9:59am On May 06
waleyp:
YES YOU CAN DEPOSIT YOUR MONEY WHILE AT HOME,JUST PLACE THE AMOUNT YOU WANT TO DEPOSIT ON YOUR PHONE OR SYSTEM. LOL
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Mohammedbodija(m): 9:59am On May 06
They re looking for customers....
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by okochaik: 9:59am On May 06
A very positive move by them, I must own one. BTW do I need to deposit online? If yes then I am out of recession grin

2 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by fashrola(m): 9:59am On May 06
It's almost 72 hours I sent all the required documents for verification..up till now the account is still under restrictions even countless emails exchange between their customer care

6 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by CheezyCharles(m): 10:00am On May 06
most naija parents will be like " we don't want oh....so my money willl go like MMM.i rather go to bank abeg"

1 Like

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by rheether(f): 10:01am On May 06
Naso Nigerians like the banking hall like kilode only that AC is a real satisfaction grin

4 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by SalamRushdie: 10:02am On May 06
I recently opened an Alat account even though I haven't used it yet

2 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by aieromon(m): 10:02am On May 06
Agimor:
So can I deposit my money online without going to the bank?

You have to visit any Wema Bank branch to make a deposit.

http://www.alat.ng/faq
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by nepapole(m): 10:02am On May 06
waleyp:
YES YOU CAN DEPOSIT YOUR MONEY WHILE AT HOME,JUST PLACE THE AMOUNT YOU WANT TO DEPOSIT ON YOUR PHONE OR SYSTEM. LOL
grin

2 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Oluwasaeon(m): 10:04am On May 06
waleyp:
YES YOU CAN DEPOSIT YOUR MONEY WHILE AT HOME,JUST PLACE THE AMOUNT YOU WANT TO DEPOSIT ON YOUR PHONE OR SYSTEM. LOL
grin grin grin

1 Like

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by r2beez(m): 10:04am On May 06
Partnerbiz2:
I want to deposit physical cash to sb. How?

6 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by realestniggah: 10:05am On May 06
wait..digital bank..
?




digital bank already exist already..any form of banking that is done over the Internet is also known as digital banking

still this can't remove physical banking..because we still need to deposit and withdraw cash physically..or will my phone also provide that?

and beside if experience american hacker catch that app eh..I wonder wetin go happen

3 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by skywalker495: 10:08am On May 06
Hackers tí take over grin

1 Like

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Divinerace(m): 10:10am On May 06
x

1 Like

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by hotspec(m): 10:13am On May 06
WEMA is rebranding o. Old- school bank

1 Like

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by eipreel(f): 10:14am On May 06
aieromon:


You have to visit any Wema Bank branch to make a deposit.

http://www.alat.ng/faq

Not true sir...you can fund your account online as you can see from the screenshot of the dashboard the op posted

3 Likes

Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by lrdval: 10:14am On May 06
fresh food for street niggas....they should employ me for better encrypting ooooo...if not....some people will open ten accounts and load 1b inside each, and go to atm to withdraw...
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Aremuagan144(m): 10:17am On May 06
wema bank is an indigenous bank met for business owners & elites?
Re: Wema Bank Launches ALAT, First Nigerian 100% Digital Bank by Klington: 10:18am On May 06
This ghost bank still dey exist.... grin grin grin
Wailer bank grin grin

1 Like

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