StanChart wins 2 awards for innovative products
KUALA LUMPUR: Standard Chartered Malaysia (StanChart) bagged two awards at the Ninth Retail Banker International (RBI) Asia Trailblazer Awards 2018.
The bank won the “Best New Product Service or Innovation Launch” for its Shake and Win campaign, and received the highly commended award for the “Best Savings Plan Offering”.
Country head of retail banking Aaron Loo said the bank constantly pushes the boundaries of retail banking to meet the demands of its clients in this increasingly digital world.
“Aside from mobile gamification, the bank also launched an award winning digitally enabled client acquisition tool, video and online chat banking and fingerprint recognition for mobile banking login. It also partnered with Samsung Pay to offer clients a robust mobile payment platform,” he said in a statement yesterday.
The bank was also recognised as the first retail bank to introduce mobile gamification via Shake and Win, giving clients the opportunity to win cashback of up to RM99 with every minimum RM100 spent in a single transaction.
This is one of the many digital initiatives offered as part of its strategy for easy, convenient and secure banking solutions for clients.
The bank’s privilege savings account received the Highly Commended award for its flexibility which allows clients to enjoy bonus interest when they save, spend, pay, invest or insure.
Personal banking clients can get up to 4.25 per cent per annum, while priority banking clients can get up to five per cent per annum.
The awards are based on a rigorous selection process which starts with nominations from industry professionals. Nominees are then shortlisted and submitted to a panel of judges who decide the finalists in each award category.