 Nairobi, October 19th 2017:-
 National Bank
 is revamping its mobile banking services as it seeks to expand its 
retail banking business, the Bank’s Managing Director Wilfred Musau has 
said.
Nairobi, October 19th 2017:-
 National Bank
 is revamping its mobile banking services as it seeks to expand its 
retail banking business, the Bank’s Managing Director Wilfred Musau has 
said.  
Effectively, the Bank
has upgraded its mobile banking capabilities 
to include new service offerings backed by enhanced safety. 
The app, NatMobile, now allows users to conveniently access an array of services via their mobile phones as it opens new
 opportunities for the bank to grow new revenue streams by deepening its digital banking offerings.
“Our
 customers want efficient and convenient ways to bank at their 
fingertips. With this app, we can more
 easily offer our customers the banking products and services they need 
to help them reach their financial goals and at the same time offers the
 Bank the opportunity to grow revenue streams," National Bank Chief Executive Officer and Managing Director
 Wilfred Musau said. 
The
 new mobile banking platform can be accessed through the Bank’s USSD 
code *625# or the mobile app. All transactions are authenticated
 by an OTP (One Time Pin) validation through customers’ registered phone
 numbers.
The
 services available on the new NatMobile includes account to account 
& account to mobile transfers, Mvisa, Pesalink, forex rate 
information,
 statement requests and applications for cheque books and cards. Other 
services available are school fees payments, Credit Card statements, 
NHIF contributions, and Kenya power utility payments.
The
 bank is also working to expand its mobile banking offering to include 
the mobile lending service to enable customers’ access financial
 facilities easily. It also provides additional widgets like Currency 
converter and loan calculator.
Part of digital transformation
The
 move to revamp the mobile banking offerings is part of the Bank’s 
digital transformation agenda which is expected to help the Bank
 leverage on technology to improve customer experience via 
self-services, improve efficiency in processing customer transactions, 
control cost, manage operational and market risk as well as adopt best 
practices in organizational performance.
“National
 Bank continues to embrace innovation while driving a digital bank 
agenda as a way of increasing efficiency in service delivery
 and driving financial inclusion. Our goal is to become the go-to 
digital bank and we are therefore excited over our unique mobile banking
 solutions, which offer versatility to our customers,” he said.
 





