The announcement was made at a meeting between the managing director of the bank's group, Herbert Wigwe and the CEO of Microsoft, Satya Nadella in Seattle, United States of America on Thursday, September 27, 2018.
Speaking at the event, Herbert Wigwe said:
“As one of the biggest providers of digital products and services in Africa, this partnership and collaboration between Access Bank and Microsoft will enable us to be strategically positioned to improve security for online transactions, Increase financial inclusion for the unbanked population on the continent, as well as create simpler and more efficient banking processes for customers.”
The CEO of Microsoft further supported the stance by saying,
“I want Microsoft to enable organisations like Access Bank to innovate digitally and grow their business exponentially”
According to him, only two entities are capable of being the Alibaba of Nigeria – a massive retail operation or a large financial institution.
“We need partners like you who have deep ambition for exceptional customer service. We will be delighted to form a deeper relationship with Access Bank to drive innovation, and by extension exceptional customer experience in the African financial services space.”
Herbert Wigwe also disclosed that the meeting touched on Access Bank's massive progress as a leader in the Nigerian financial industry, especially its commitment to promoting the adoption of technology and other digital platforms as a tool to disrupt the banking sector in Africa.
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With the recent announcement of its five-year goal to open the African continent to the world, Access Bank has consistently positioned itself to lead the innovation conversation among financial institutions by leveraging on technology to provide fast, secure, reliable and seamless cross border transactions experience for customers in Nigeria and across Africa.
It’s the meeting of CEOs this Thursday! Our CEO @HerbertOWigwe and Microsoft CEO @satyanadella are set to meet to discuss how to better banking in Africa using technology. #Microsoft #TakeTomorrow— Access Bank Plc (@myaccessbank) September 26, 2018
Touchdown Seattle for a conversation with Microsoft CEO @satyanadella. We are looking to deepen our relationship to expand digitization of financial services in Africa. Follow @myaccessbank for details #watchthisspace— Herbert Wigwe, FCA (@HerbertOWigwe) September 27, 2018
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