BY MBONO MDLULI
MBABANE – Eswatini Bank’s ShareSha Digital Wallet has earned a global recognition for the Eswatini-owned financial institution.
Because of the product, Eswatini Bank has been awarded at the IBSi Global FinTech Innovation Awards 2024. Eswatini Bank was given the award together with another respected financial institution known as Modefin. According to information sourced from modefin.com, the two institutions have been awarded the Most Impactful Project Award under the Most Innovative Digital Wallets Deployment.
The awards took place in Mumbai, India on November 17, 2024. The awards ceremony celebrated the best in financial services innovation, with representatives from leading banks and companies around the world in attendance.
The IBSi Global FinTech Innovation Awards 2024 celebrated excellence and transformative achievements in banking and financial technology by honouring banks, financial institutions, and technology providers who have driven innovation and impact through advanced technology implementations and the adoption of emerging technologies. The Global FinTech Innovation Awards 2024 saw IBS Intelligence evaluate 400 nominations across 155 and financial institutions and 90 technology vendor across 30 categories all over the globe.
According to IBS Intelligence Director: Research and Digital Properties Nikhil Gokhale,“The GFIA 2024 underscores the importance of leveraging innovation to navigate the ever-changing digital landscape. This year’s winners embody resilience, adaptability, and creativity, pushing the boundaries of what is possible in the financial world. Congratulations to all winners for shaping a future defined by technological excellence and customer-centricity.”
Responding to the positive and encouraging developments, Eswatini Bank Managing Director Nozizwe Mulela said her organisation was privileged that they have been awarded the ‘Most Innovative Digital Wallet’ for their groundbreaking digital wallet solution, ShareSha. This accolade, according to Mulela, recognized the bank’s commitment to innovation and excellence in enhancing the bank’s customers’ digital banking experience.
Mulela said the digital wallet, launched in August 2023, had transformed the way their customers managed their finances, seamless integration with multiple financial services, robust security features, and user-friendly functionalities that cater to the modern, mobile-focused consumer. Furthermore, she said ShareSha had been a key driver in the bank’s ongoing commitment to financial inclusion in Eswatini.
“We are honoured to receive this award, which underscores our dedication to providing cutting-edge financial solutions that prioritise our customers’ needs and security. This achievement reflects our team’s hard work and commitment to innovation, and we remain focused on delivering exceptional value and service through continued advancements,” Mulela said.
