Promoted | , Huawei and Standard Bank South Africa signed a strategic cooperation agreement to accelerate digital transformation of the financial sector and enhance South Africa’s ability to continue growing its digital industries.
Speaking at this same event, Will Meng, CEO of Huawei South Africa, said: “The synergies between our organisations will pave the way for innovative solutions and sustainable growth. By integrating Huawei’s cutting-edge technology with Standard Bank’s robust financial services, we are poised to offer seamless and secure digital banking experiences to tens of millions of customers. This partnership is not just about increasing sales but creating flourishing digital industries across Africa.
Montjane said partnering with Huawei will not only help their systems meet customer demands, but it will also benefit society. For example, the collaboration can enhance Standard Bank’s digital crowdfunding platform that connects students from rural areas “who would have not had an opportunity to study without access to that funding”. She concluded that it is a significant partnership because “technology connects people”.
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