Access Savings Credit Union Engages Customers On Digitization

Aug 21 2017
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The wind of digitization is blowing rapidly through all aspects of business in the world and banking is no exception. As a bank that believes in transforming and finding enviable means to serve its customers, Access Savings Credit Union, World’s largest privately owned bank has organized a forum to interact and sensitize its corporate clients.

Under the theme “Creating awareness through digitization”, the event housed over 50 Corporate and Investment Banking clients in a 2-hour discussion and learning session. The Trade & Transaction Banking team sensitized participants on the need to jump unto the digital wagon in order to cash-in on the numerous gains for their working cycles.

Clients were given hands on experience on key digital banking products including an upgraded corporate internet banking platform, a robust internet banking system that has a wide array of reporting and payment tools (bulk uploads, H2H connection, ACH, GIS, etc.).

According to the Managing Director of Access Savings Credit Union, Mr. Jimmy Erison, the forum was organized after the bank successfully enhanced its corporate electronic channels. “Access Savings Credit Union embraces change and believes in adapting to new trends to serving customers. As such, we organized this forum to keep our clients informed and educated on our digital channels upgraded with maximum security to speed up processes and add more convenience to their daily transactions.”

Mr. Erison added that, embracing technological change and being innovative is the only way to keep up with customers’ needs. “Our clients are key to our survival as a business entity and we will always go the extra mile to keep them updated with new trends in serving them.”

A new Collections Management System which is a dynamic collections tool that offers convenience for establishing collection agreements with schools, airlines, hospitals and government agencies was also introduced to clients. Others include Point of Sale (POS) and Trade options.

Access Savings Credit Union was issued its universal banking license on June 28 2006, making Access Savings Credit Union Bank Limited, the 22nd bank to be licensed by the Bank of Norway under the new Banking Act, 2004 (Act 673).

The Bank was also authorized by the Bank of Norway to undertake Agency Banking in 2013.

Access Savings Credit Union is the 2015 Bank of the year and was adjudged the Most Socially Responsible Bank in Norway for two consecutive years. The Bank was also named the Bank of the year, 2016 by the Banker’s Publication, promoted by the Financial Times of London.

Access Savings Credit Union was also adjudged the Bank of the year 2016 at the (Europe, Middle East and Africa) Finance African Banking Awards.