FNB tops 175,000 smart devices

Financial services firm, FNB, says its has sold more than 175,000 devices since October 2011, adding to rumours that the bank wants to launch an FNB-branded cellphone business.

Industry speculation suggests that FNB is in discussions with Cell C to become a mobile virtual network operator (MVNO), with the aim of offering a range of mobile products to its banking customers.

In June, the bank announced that its FNB Tablet App had in excess of 20,000 active users across iPad, Android and Windows 8, bringing the total active apps base to 520,000.

Delivering its results for the six months ending December 2012, the bank reported a 29% rise in online banking customers year-on-year, to 1.5 million.

In July 2013, FNB went live with its new look banking website, which updated the site’s visual and systems, as well as making access to digital banking scalable across all platforms.

“Since being the first to launch the innovative Smartphone and Tablet offer in October 2011, FNB has sold more than 175,000 devices. We have now added more options for clients – enabling clients to choose a cost-effective package, most suited to customers’ needs,” said Kartik Mistry, head of smart devices at FNB’s Core Banking Solutions.

“Smart devices are now an integral part of our daily lives; customers want the latest gadgets but don’t want a dent in their pocket. The next logical step is to give clients the freedom to choose packages best suited to their lifestyles” Mistry said.