Diamond Bank rated best bank in electronic banking in Nigeria

Diamond Bank Plc has been named and awarded the Best Bank in Mobile Banking in Nigeria by Businessday in the 2016 Banking Awards.

The bank also emerged as the Bank with the ‘Most Innovative Product of the Year’ as its Cool Teen financial product, developed for teenagers, beat four others to emerge tops.

According to the award screening and selection committee, the awards are in recognition of the bank’s high value addition to the growth and development of mobile banking in the country and its leading role in revolutionizing and positioning the mobile phone as a tool for driving financial inclusion in the country.

A message from the awarding institution as reflected in the award plaques, affirm that Diamond Bank’s success in the fiercely contested award categories by a lot of other nominated banks in Nigeria, is in recognition of its unrivalled excellence in services to customers and reward for the quality of financial products developed to stimulate the interest of youths, customers and potential customers to embrace digital banking using the mobile phone.

Receiving the awards, Uzoma Dozie, Diamond Bank’s Chief Executive Officer, who was represented by the Deputy Managing Director, Caroline Anyanwu, said the award was “a strong testament of the bank’s conviction that the digital platform holds the key to the future of banking, adding that the bank’s leading revolutionary role in providing efficient and cost effective services using the mobile phone is strategic.”

According to her, the reason for developing specific financial products for the youths and children is to enable Nigerian youths belong to the banking community and know that they have a right to start early to chart a healthy financial course in life.

Since assuming office as the Chief Executive Officer of Diamond Bank, Dozie, working with a well-focused digital team, has stamped Diamond Bank as the leading bank with the most digital innovations in Nigeria.

Diamond Bank was the first bank in Africa to launch the fingerprint recognition feature on its Diamond Mobile App, a fingerprint reader that allows users of the Mobile App an easy and seamless login to their accounts by simply recognizing and identifying their individual fingerprints – a technology very few banks in the world have adopted and implemented.

The bank was also the first to introduce the Magic Cash, an app that works with the mobile phone; it is a no-cheque, no-withdrawal slip and no-debit card financial transaction that gives customers easy access to draw cash from any of the bank’s ATMs anytime.