Standard Bank
75% Reduction
In delivery timelines for a payments solution, through an AI-accelerated development approach.
100%
Unified cross-border transaction data into a single intelligent view.
Days to minutes
Cross-border payment processing times reduced through near real-time payments enablement.
Standard Bank is the largest bank in Africa by assets, with a market capitalisation of R478 billion and over 160 years of history as a catalyst for growth across the continent. As Africa's largest financial services provider, Standard Bank is known for delivering simple, effective financial solutions that empower individuals and businesses to thrive.
Entelect's team helped us cut through complexity to identify practical solutions for some of our toughest challenges. Their approach left us with clear insights and tangible solutions to fast-track key product innovations.
Simon Just
Group Head Payments & Digital Assets
Our Partnership Highlights
75% acceleration in payments project delivery
Our team implemented a cloud-native middleware solution through an agentic AI-accelerated software development lifecycle. This enabled a specification-driven approach to building payments capabilities, and reduced delivery timelines from 12 months to just 3.
Processing billions with scalable digital banking
Our team modernised Standard Bank’s Business Online platform by consolidating legacy systems into a single, scalable digital solution with enhanced workflows, onboarding, and access control – enabling hundreds of corporate clients to securely transact billions in value.
Millions saved in risk and penalties through AI-driven fraud detection
Our team built a fraud detection solution that proactively detects and blocks high-risk and fraudulent entities using an AI-driven risk classification solution - preventing illicit transactions before they occur.
From days to minutes: unlocking real-time payments across Africa
Entelect helped Standard Bank transform cross-border payments by enabling near real-time processing, cutting transaction times from days to minutes.
Unlocking cross-border transaction insights
We assisted Standard Bank in unifying 100% of its cross-border transaction data into a single, intelligent view. The solution provides deep insights into client behaviour across markets.
Helping facilitate trillions in trades
Our team enhanced the speed and accuracy of the bank's trading operations through a single platform that connects internal systems and global trading networks.
