Stanbic IBTC Bank Advocates Tech Adoption for Seamless Business Transactions

Stanbic IBTC Bank Limited, a subsidiary of Stanbic IBTC Holdings, underscored the pivotal role of technology in facilitating efficient business transactions during a webinar themed “Simplifying Payments for Businesses.” The event showcased the upgraded Enterprise Online (EOL) payment platform, EOL 2.0, designed to enhance payment experiences for businesses and streamline human resources (HR) services through a strategic partnership with Bento Africa.

Olutimi Ibrahim, Head of Digital and e-commerce at Stanbic IBTC Bank, highlighted the bank’s commitment to leveraging technology and digital innovation for superior financial services. He stated, “We offer efficient solutions for businesses, and these include the enhanced EOL 2.0, designed to meet all business payment needs, offering a seamless and secure online banking experience for corporate entities.”

The webinar emphasized the importance of supporting entrepreneurs, with Omolara Osunsoko, Head of Partnerships at Stanbic IBTC Bank, stating, “Entrepreneurs are the backbone of our economy, and we acknowledge the vital role they play in driving economic growth and creating employment opportunities.”

Vivian Ekemezie, Growth Executive at Bento Africa, expressed excitement about the partnership, envisioning a revolutionary impact on HR systems. She stated, “Bento’s expertise in cloud-based solutions and Stanbic IBTC Bank’s industry-leading Enterprise Online payment platform will significantly add business value and streamline operations.”

Modupe Banjoko, Team Lead, Digital and Enablement at Stanbic IBTC Bank, emphasized the transformative nature of the EOL 2.0 solution. She said, “Our EOL 2.0 solution is not just an upgrade; it’s a game-changer for businesses of all sizes. It offers a powerful combination of efficiency, security, and convenience, making financial and HR management more straightforward and effective.”

Additionally, Banjoko encouraged women entrepreneurs to leverage Stanbic IBTC Bank’s Blue Blossom proposition, designed to empower Nigerian women. The EOL 2.0 solution is positioned as a critical advancement, empowering businesses with essential tools to succeed in an evolving financial landscape.

Stanbic IBTC Bank’s unwavering dedication to supporting businesses aligns with its broader commitment to fostering economic growth and empowerment within the Nigerian business community.

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