• About
  • Contact
Friday, July 11, 2025
  • Login
No Result
View All Result
NEWSLETTER
Now Then Digital
  • HOME
  • NEWS
  • POLITICS
  • BUSINESS
  • TECH
  • ENTERTAINMENT
  • LIFESTYLE
  • TIPS & ADVICE
  • HOME
  • NEWS
  • POLITICS
  • BUSINESS
  • TECH
  • ENTERTAINMENT
  • LIFESTYLE
  • TIPS & ADVICE
No Result
View All Result
Now Then Digital
No Result
View All Result
ADVERTISEMENT
Home Business

Uganda’s Largest Commercial Bank Stanbic Partners with IBM to Drive Digital Transformation

The partnership aims to enhance customer experiences and modernize business operations through the use of IBM's Cloud Pak for Integration (CP4I).

Now Then Digital by Now Then Digital
June 10, 2023
in Business, News
Reading Time: 5 mins read
1 0
A A
0
Stanbic Partners with IBM to Drive Digital Transformation

Stanbic Bank Uganda Selects IBM's Cloud Pak for Integration to Drive Digital Transformation

0
SHARES
73
VIEWS
Share on FacebookShare on Twitter

Stanbic, Uganda’s largest commercial bank by assets, has joined forces with technology giant IBM to accelerate its transformation into a modern, digitally-led bank. 

KAMPALA, UGANDA | NOW THEN DIGITAL — Stanbic Bank Uganda Holdings Limited (Stanbic Bank Uganda), the largest commercial bank in Uganda, has chosen IBM’s Cloud Pak for Integration (CP4I) to revamp its business operations and enhance customer experience.

This strategic move aims to accelerate the bank’s digital transformation, optimize operational efficiency, and provide secure and compliant banking-as-a-service.

Stanbic Bank Uganda Selects IBM Cloud Pak for Integration
Stanbic Bank Uganda Modernizes Operations with IBM’s Cloud Pak for Integration

Uganda’s Digitization Journey and the Role of Smart Policies

In response to the pandemic, Uganda has prioritized the implementation of smart policies to address societal challenges and stimulate economic growth, aligning with the national development plan – Uganda Vision 2040.

According to the United Nations Development Programme (UNDP), Uganda has made significant strides in its digitization journey by expanding mobile network coverage to meet the demands of its increasingly digital-first population. It is projected that 4 million new mobile subscribers will be active by 2025.

Integration Capabilities and Enhanced Banking Experience

By leveraging IBM’s CP4I, Stanbic Bank Uganda can integrate its payment systems to support the functionalities of core banking applications and mobile banking operations.

Youmight also like

Internet Access to Reach War-Affected Youth in South Sudan and Uganda.

Forest Whitaker’s Charity Teams Up with Intelsat to Bridge Africa’s Digital Divide

June 27, 2025
Former police officer remanded over Uganda prosecutor's 2015 killing.

Fifth suspect in Joan Kagezi’s murder case remanded — pleads for food, accuses police of abuse

June 24, 2025
Innovation by Ugandan students wins EU prize for tackling post-harvest losses.

Ugandan innovators win global award for fruit preservation breakthrough

June 21, 2025
Kasozi resigns as Kitara president following Uganda Cup triumph.

Kitara FC: Deo Kasozi exits after transforming club’s fortunes

June 10, 2025

The secure platform enables the bank to onboard and manage new application programming interfaces (APIs) internally and externally, enabling faster time-to-market for innovative solutions such as FlexiPay. This integration enhances the banking experience for customers at every touchpoint.

Strengthening the Ecosystem and Meeting Digital Customer Expectations

Furthermore, adopting CP4I allows Stanbic Bank Uganda to meet the rising digital customer expectations by strengthening its ecosystem through collaborations with fintechs, neo-banks, and telecom partners. This strategic move positions the bank to offer integrated and seamless banking experiences, prioritizing agility, security, and quality of integration.

ADVERTISEMENT

Emmanuel Serunjogi, Head of Partnerships and Ecosystems at Stanbic Bank Uganda, emphasizes the significance of digital services for their growing base of e-customers, who prefer transacting via their mobile devices. Through secure API integration with ecosystem partners, the bank is able to meet customer needs and expectations effectively.

“Through working with IBM, Stanbic Bank Uganda can offer integrated and seamless banking experiences which enhances the user experience for our customers. In this process, agility, security and quality of integration were prioritised” says Emmanuel Serunjogi, Head of Partnerships and Ecosystems, Stanbic Bank Uganda.

“Digital services are key to our growing e-customers who prefer transacting from the palm of their hands. By integrating secure APIs with our ecosystem partners, we are able to meet our customer’s needs and expectations”, concluded Serunjogi.

Hybrid Cloud Approach for Competitiveness and Compliance

Stanbic Bank Uganda’s adoption of a hybrid cloud approach further enhances its competitive edge by enabling flexibility in response to evolving customer and business demands while adhering to strict industry regulations.

IBM’s Commitment to Expediting Digital Transformation

Julia Carvalho, General Manager for IBM Africa Growth Markets, expresses delight in collaborating with Stanbic Bank Uganda to expedite their digital footprint and elevate the overall customer experience.

Leveraging IBM’s expertise, the partnership aims to empower the bank to expand its reach, cater to broader audiences, and provide cutting-edge digital solutions that meet evolving customer needs.

The joint efforts between IBM and Stanbic Bank Uganda will enable the bank to offer an unparalleled customer experience and foster the growth of the financial digital ecosystem in Uganda.

“We are pleased to be on a journey with Stanbic Bank Uganda to expedite their digital footprint and elevate the overall customer experience. By leveraging our expertise, we aim to empower the bank expand its reach, cater to wider audiences, and provide cutting-edge digital solutions that meet the evolving needs of customers. Our joint efforts will enable the bank to offer an unparalleled customer experience and drive the growth of the financial digital ecosystem in Uganda.”

Aligning with Global Trends in Banking

Stanbic Bank Uganda’s decision aligns with global trends within the banking industry, where end-to-end digitization is being embraced to reshape operations and drive innovation.

This strategic move resonates with the imperatives outlined in IBM Institute for Business Value’s 2022 Global Outlook for Banking and Financial Markets report.

Editor’s Note: If you find any of our content to be inaccurate or outdated, please contact us at press@nowthendigital.com

You’re reading nowthendigital.com — which breaks the news about Uganda, Kenya, Nigeria, South Africa and the rest of the world, day after day. Be sure to check out our homepage for all the latest news, and follow NOW THEN DIGITAL on YouTube, Google, Web Stories, Google News, Medium, LinkedIn, Twitter, Reddit, Pinterest, Linktr, Buy Me a Coffee, and Flipboard to stay in the loop.

Source: Now Then Digital
ADVERTISEMENT
Now Then Digital

Now Then Digital

Now Then Digital offers breaking news and opinion articles, giving you a unique opportunity to see what goes on behind the scenes in Uganda, Kenya, Nigeria, South Africa and elsewhere.

Recommended For You

Internet Access to Reach War-Affected Youth in South Sudan and Uganda.
News

Forest Whitaker’s Charity Teams Up with Intelsat to Bridge Africa’s Digital Divide

by Now Then Digital
June 27, 2025
Former police officer remanded over Uganda prosecutor's 2015 killing.
Politics

Fifth suspect in Joan Kagezi’s murder case remanded — pleads for food, accuses police of abuse

by Wafula Steven
June 24, 2025
Innovation by Ugandan students wins EU prize for tackling post-harvest losses.
Food

Ugandan innovators win global award for fruit preservation breakthrough

by Wafula Steven
June 21, 2025
Kasozi resigns as Kitara president following Uganda Cup triumph.
News

Kitara FC: Deo Kasozi exits after transforming club’s fortunes

by Wafula Steven
June 10, 2025
ADVERTISEMENT

Related Articles

Busoga

Busoga Kingdom Dismisses Legal Challenge by Alleged Spouse of Kyabazinga

2 years ago
Diamond Platnumz winners at the 2023 MTV

MTV EMAs 2023: Taylor Swift Dominates as Africa Celebrates Diamond Platnumz and Rema

2 years ago
Geraldine Busulwa Ssali reinstated

Ministry of Trade Scandal: Sacked Official Geraldine Busulwa Ssali to Regain Position

2 years ago

Popular News

  • Anna Maria von Stockhausen Accused Victim of Superstition

    Who Was Anna Maria von Stockhausen: A Victim of Witch-Hunts in the 18th Century

    0 shares
    Share 0 Tweet 0
  • From Stenographer to Viral Sensation: The Story of Debra Bollman and Her Daughter Sophia’s Rise to Fame

    0 shares
    Share 0 Tweet 0
  • Key Tips to Identify Fake X Accounts Amid Growing Misinformation

    0 shares
    Share 0 Tweet 0
  • Shein Return Policy Explained: A Complete Walkthrough for Seamless Returns

    0 shares
    Share 0 Tweet 0
  • Nikki Duval Weight Loss Journey: A Transformation That’s Making Waves Online

    0 shares
    Share 0 Tweet 0

Connect With Us

Join our Newsletter

Who We Are

Now Then Digital | Breaking News from Uganda & Africa

Latest headlines from Uganda, Africa & the world. Explore politics, entertainment, sports, finance & more on Now Then Digital.

Sign Up For Our Newsletter

Now On Pinterest

Azawi Live At Serena dates and venue announced

Azawi Confirms 'Azawi Live At Serena' Concert

mayanja

Sibling of Famous Singers, Humphrey Mayanja, Dies After Illness

From Our Partners

  • Editorial Policy
  • Disclaimer
  • Corrections Policy
  • Fact-Checking Policy
  • DMCA Policy

© 2025 Now Then Digital - Breaking News from Uganda, Kenya, Nigeria & South Africa.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
    • Movies
    • Music
    • Sports
  • Lifestyle
    • Fashion
    • Travel
    • Tech
  • Health
  • Food

© 2025 Now Then Digital - Breaking News from Uganda, Kenya, Nigeria & South Africa.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.