Case Study

Achieving the near impossible

Building a mobile bank from scratch in only nine months is a project any company would be hard pressed to find volunteers for.

01 November 2005

Building a completely new concept in banking is even more challenging and you can imagine it`s something even less people would voluntarily sign up for.

Surprisingly, both Standard Bank and MTN got an awesome response from the handful of experts they approached last year to put together the MTN banking concept. Nine months later there was a completely new cellphone orientated bank capable of changing the market as we know it.

Herman Singh, director of technology engineering at Standard Bank, says his company first breached the topic of working together with MTN about three years ago.

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