We believe what Steve Jobs said about innovation being the distinguishing factor between a leader and a follower. In order for us to stay relevant we have to continue to innovate.
A few times a year we have an innovation hub that brings together our best internal developers, IT technicians and some industry experts to help us create the next big thing in banking. This innovation hub runs as a group competition and the winning team takes home a cash prize to help fund and develop their idea.
We recently launched a biometric log in system for our mobile banking app in South Africa using Apple ID touch. This is a first for South Africa, helping add to our digital solutions repertoire. This biometric ID touch system was the brainchild of last year’s innovation hub, proving just how important it is to have these hubs.
We believe in harnessing the power of our internal staff to create the latest banking innovation. The innovation hub is home to the place where we come up with the ideas to help move you forward.