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    Standard Bank and SAP Bring Mobile Banking to Over Half a Million “Flip-Phone” Customers in South Africa via SAP® Mobile Platform

    3BL Media

    by 3BL Media

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    JOHANNESBURG, South Africa, February 14, 2013 /3BL Media/ - SAP AG (NYSE:SAP) today announced that Standard Bank has been successful in introducing its new AccessBanking offering in South Africa, aimed at meeting the banking needs of the previously “unbanked.” This includes the AccessAccount, a transactional banking account based on SAP® Mobile Platform. SAP Mobile Platform integrates SAP and third-party back-end systems, which allows users to create visually rich mobile apps to extend the information from enterprise systems straight onto mobile devices. Since its inception in March 2012, the model has attracted more than 550,000 new customers onto the AccessAccount.

    According to research, 22 million South Africans earn less than ZAR 3,000 a month and of that figure, 66 percent do not have bank accounts. With the app, sales agents — or AccessAgents — can sign-up via a portable mobile device and open a bank account for customers within a few minutes. This allows Standard Ban