Polaris Bank Will Offer Customers Seamless Service –Chairman

-Polaris Bank Will Offer Customers Seamless Service-

Polaris Bank’s corporate goals is to offer its valued  customers and non-customers a 24 hour seamless service, the bank’s  Chairman, M.K Ahmad (OON), has declared.

Ahmad made the declaration at the launch of the bank’s widely anticipated digital banking platform, VULTe.

He made the declaration while presenting a welcome address at the well-attended unveiling ceremony which held at Eko Hotel, Lagos and virtually to national and global audience.

“This is a milestone in our pursuit of a strong and digitally-led retail brand. When we started the Polaris journey almost three years ago, we were very clear on the type of Bank we must build and the direction we must go. This was largely informed by the fast pace of change in financial service provisioning and the apparent technology-defined outlook of our business.”

“We are therefore bringing VULTe to the market place today. And this is not another mobile App, but one with a world of difference, a mobile digital bank. This is your Bank in your hand, affording you total Control of your financial service needs. With VULTe, you serve yourself, the way you want to be served,” the Chairman explained.

-Polaris Bank Will Offer Customers Seamless Service –

The Acting Managing Director/CEO of the Bank, Mr. Innocent C. Ike said the newly-launched banking platform, was a way of returning all powers to the customer as king, adding the customers could now enjoy unhindered, contactless and refreshing banking experience all at the tip of the fingers.

“With VULTe, we affirm our resolve to serve the customer better and make their banking experience, more pleasurable. Therefore, we will continue to launch an array of banking products to cater to the varying needs of our diverse customers.”

“Ultimately, VULTe represents our bold declaration to hand over CONTROL of banking services to our customers and allow them to serve themselves as they would want to be served.

“As a Polaris Bank customer, you are at liberty to determine your banking experience since we have put the Bank in your hand 24/7. You now have total CONTROL to serve yourself; it’s no more customer service but customer self-service.

“Are you opening an account, setting limits on your account, verifying your identity documents, registering your biometrics, making inquiries, taking an instant loan? You are in total CONTROL – you do it at your time, at your convenience, and on your terms – you determine how delightful your banking experience will be”.

The highlight of the launching was the practical demonstration of the uniqueness of the VULTe application by the Bank’s Chief Digital Officer, Mr. Bamidele Adeyinka to the excited guests.

“The Digital Banking Platform, VULTE, will change everything that happens in the ‘brick & mortar’ space (i.e. branches) to clicks and buttons.”

“The VULTE comes in mobile (Android and iOS) and Web Applications and it allows customers with either of the options, to access banking services at the click of the button,” he added.

He said that all Bank customers in the country could take advantage of the VULTe to carry out their banking transactions including account opening, bills payments, transfers, balance enquiry, airtime rechage and quick loans.

– -Polaris Bank Will Offer Customers Seamless Service –

According to him, on-boarded customers could access PayDay Loan on both mobile and web digital platform where eligibility will be displayed to the customer within the VULTe application.

Also, on-boarded customers will be enabled to pay taxes and levies for different government parastatals in addition to several other benefits such as ability to perform intra-bank and inter-bank transfers.

To onboard, customers with BVN will input their BVN and take a selfie (photo of their face) which will be compared automatically with the photo on their BVN profile (via Facial Recognition – an advanced cognitive and artificial intelligence facial recognition technology),” he said..