In line with the Central Bank of Nigeria’s (CBN) financial inclusion programme, Stanbic IBTC Bank has floated @ease wallet to achieve the agenda of the apex bank, the Executive Director, Personal and Business Banking for Stanbic IBTC, Wole Adeniyi said.

Stanbic IBTC, a member of the Standard Bank Group, set up the @ease wallet to deepen its penetration among the underserved community in Nigeria, whom CBN’s financial inclusion programme was established to cater for.

Nairametrics had reported CBN’s effort to expand financial opportunities to this population, especially at a period the government is campaigning for cashless policy. Apart from banks, telecommunication companies and fintechs have also been given approval to participate in the mobile banking operation that also drives the financial inclusion programme.

For users of other banks, the @ease wallet brings no uniqueness to the table. It’s just same old digital innovation that saturates the banking industry and scatters across other banks in Nigeria. However, for... https://nairametrics.com/2019/11/06/stanbic-ibtc-joins-bandwagon-floats-new-digital-initiative-amidst-plethora-of-innovation/