Singapura Finance launches internet banking powered by Tagit

By Leandra Monteiro

Singapura Finance officially launches its internet banking platform and mobile app: SFL iBIZ for corporates and SFL Go for consumers. Developed jointly with Tagit, a digital banking solutions provider, the Mobeix Retail Banking Product provides a comprehensive suite of 100+ features and functions to its customers across both Mobile and Internet Banking channels.

Jamie Teo, CEO of Singapura Finance, said, “We are very happy to launch our own digital banking channels. Your security is of the utmost importance to us. That’s why we have used the latest technology and taken the time to ensure that our mobile banking facility offers immediacy without compromising on security. In view of the slew of phishing and hacking scams, we enhanced our security with more features such as a ‘Kill Switch’ and ‘Geo-Fencing’ so that our customers can be assured of banking safely with us. We will continue to further improve on the experience and add on more features to remain relevant to our customers.

With an omnichannel superior UX and secure application, customers can look forward to doing their daily banking transactions and more on an intuitive and easy-to-use app knowing the app is secure by design.

The introduction of the SFL Mobile and internet banking application is a crucial step in enhancing customer experience and keeping up with the competition in a digitally competitive market. Customers have access to a plethora of features such as easy and seamless registration, 24/7 secure access through multi-factor authentication, transaction alerts via email/SMS push notifications, one-click secure transfers and much more.

The deployment will enable SFL to lower operational costs and redistribute the cost savings to build products and engage its customers with delightful customer experience through a seamless orchestration of services and omnichannel UX.

Sandeep Bagaria, CEO of Tagit, said, “We are delighted to partner with Singapura Finance and provide them with the digital innovation technologies imperative to stay relevant and competitive amongst today’s digital savvy customers. With this new digital banking application SFL will set the foundational capabilities to scale and build new products and services.”

The Mobeix Digital Banking Platform currently supports banks with over 25 million active digital banking users, Tagit is the partner of choice for banks of all sizes in Asia, the Middle East and Africa for their Omni channel digital banking needs.