FinTech Magazine - March 2021 | Page 24

STERLING BANK PLC

“ There is increasingly a lot of desire to adopt blockchain – we ’ ve used it for commodities and finding an appetite for remittances , as Nigerians are spread all over the world and there is an active diaspora ”

OLAYINKA ONI CHIEF DIGITAL OFFICER , STERLING BANK PLC
contactless cards – he doesn ’ t gloss over the challenges , be it COVID , fake drugs or inadequacies in power supplies .
Without diminishing the pandemic ’ s impact , Sterling appears to have weathered it better than some of its rivals – as its results would indicate . One fortuitous element was last year ’ s March lockdown which coincided with the launch of the Onebank app , providing consumers with convenient services while living and working from home .
The crisis also prompted changes in employment contracts , with more flexible-work arrangements , as well as significant investment in fraud detection
24 March 2021