{"id":45133,"date":"2020-11-30T16:35:08","date_gmt":"2020-11-30T15:35:08","guid":{"rendered":"https:\/\/nationalwire.com.ng\/?p=45133"},"modified":"2020-11-30T16:35:08","modified_gmt":"2020-11-30T15:35:08","slug":"covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria","status":"publish","type":"post","link":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/","title":{"rendered":"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria"},"content":{"rendered":"

In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of the FastTrack ATM which is done in partnership with Inlaks enables customers carry out cash withdrawals without having to touch the interface of the ATM.<\/p>\n

With the FastTrack ATM, widely referred to as Touchless Solution, the customer carries out the transaction by using his or her mobile phone to perform the needed steps designed originally for implementation on the ATM. By using one\u2019s phone, the transaction is carried out \u2013 in advance \u2013 through the Bank\u2019s USSD or mobile banking option. Upon the schedule, the customer visits the FastTrack ATM to complete the transaction by tapping a contactless Near Field Communication (NFC) card on the ATM to withdraw his or her cash.<\/p>\n

FirstBank customers can now leverage the real-time mobile banking capabilities of their cellphone to activate cash withdrawals at the FastTrack ATM. The ATM solution is the Bank\u2019s response to control the spread of COVID-19, whilst promoting the safety of customers that carry out transactions at the ATM.<\/p>\n

\"\"
\nSpeaking on the launch of the FastTrack ATM, Dr. Adesola Adeduntan, CEO, First Bank of Nigeria Limited said \u2018at FirstBank, we are driven to provide seamless financial solutions to ensure our customers are able to timely carry out their transactions in safe, secured and efficient ways, thereby putting them ahead in digital banking, not just in Nigeria but Africa. We are delighted to set the pace regarding the use of the Next Generation ATM in Africa which enables customers to use their mobile phones to remotely initiate ATM-based cash withdrawals via our *894# USSD banking or FirstMobile application. At the core of our strategy lies innovation which is critical to adapting to the new normal\u2019.<\/p>\n

According to Olufemi Adeoti, Managing Director, Inlaks, \u201cgiven that consumers are more adaptable to mobile technology Inlaks \u2013 the Africa\u2019s leading Information Technology Solutions provider together with Hyosung ATM OEM are partnering with FirstBank to introduce the first fully compliant COVID-19 FinTech ATM. This is in alignment with the \u2018new normal\u2019 desired customer experience which includes digitalization and delivering a secure contactless cash access to the bank’s FirstMobile customers for better user experience, simplicity, speed and convenience\u2019\u2019<\/p>

\r\n
Advertisement<\/div>\r\n\t\t\t\t\t\t\t<\/a>\r\n \r\n\t\t\t\t\t\t\t<\/div>\n

In recognition of its giant strides at promoting electronic banking in the country, FirstBank\u2019s mobile banking application \u2013 FirstMobile \u2013 was recently awarded the Best Mobile Banking App award 2020 in the Global Finance Best Digital Bank Awards 2020 as well as 2019 Best Mobile Banking App by Global Business Outlook.<\/p>\n

FirstBank has been at the forefront of promoting electronic banking solution in Nigeria. In 2017, the Bank was recognized as the first financial institution in Nigeria and the West-Africa sub-region to issue 10 million ATM cards to customers across the country. The bank was the second in Africa to achieve the milestone.<\/p>\n

These feats are achieved through the trusts in its industry leading innovative banking solutions by over 10 million customers on its USSD *894# banking platform and over 4.1 million customers on its FirstMobile banking application, endearing the Bank to process about 30% of card transactions in the entire banking industry in the country.<\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to promote financial activities on the ATM devoid of any form of physical interaction with the machine. The introduction of the FastTrack ATM which is done in partnership with Inlaks enables customers carry out cash withdrawals without having to touch the interface of the ATM.<\/p>\n","protected":false},"author":6,"featured_media":24460,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[23],"tags":[7856],"coauthors":[2391],"class_list":["post-45133","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business","tag-fasttrack-atm"],"yoast_head":"\nCOVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria - National Wire<\/title>\n<meta name=\"description\" content=\"In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria - National Wire\" \/>\n<meta property=\"og:description\" content=\"In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to\" \/>\n<meta property=\"og:url\" content=\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/\" \/>\n<meta property=\"og:site_name\" content=\"National Wire\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-30T15:35:08+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/06\/FirstBank-logo.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"677\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Friday Ekeoba\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/\",\"name\":\"National Wire\",\"description\":\"About Nigerians, Nigerian Business and Other Stories\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#primaryimage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/06\/FirstBank-logo.jpg\",\"contentUrl\":\"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/06\/FirstBank-logo.jpg\",\"width\":800,\"height\":677},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#webpage\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/\",\"name\":\"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria - National Wire\",\"isPartOf\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#primaryimage\"},\"datePublished\":\"2020-11-30T15:35:08+00:00\",\"dateModified\":\"2020-11-30T15:35:08+00:00\",\"author\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\"},\"description\":\"In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to\",\"breadcrumb\":{\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/nationalwire.com.ng\/sub\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria\"}]},{\"@type\":\"Person\",\"@id\":\"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927\",\"name\":\"Friday Ekeoba\",\"url\":\"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria - National Wire","description":"In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/","og_locale":"en_US","og_type":"article","og_title":"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria - National Wire","og_description":"In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to","og_url":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/","og_site_name":"National Wire","article_published_time":"2020-11-30T15:35:08+00:00","og_image":[{"width":800,"height":677,"url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/06\/FirstBank-logo.jpg","type":"image\/jpeg"}],"twitter_card":"summary_large_image","twitter_misc":{"Written by":"Friday Ekeoba","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebSite","@id":"https:\/\/nationalwire.com.ng\/sub\/#website","url":"https:\/\/nationalwire.com.ng\/sub\/","name":"National Wire","description":"About Nigerians, Nigerian Business and Other Stories","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/nationalwire.com.ng\/sub\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#primaryimage","url":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/06\/FirstBank-logo.jpg","contentUrl":"https:\/\/nationalwire.com.ng\/sub\/wp-content\/uploads\/2018\/06\/FirstBank-logo.jpg","width":800,"height":677},{"@type":"WebPage","@id":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#webpage","url":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/","name":"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria - National Wire","isPartOf":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#website"},"primaryImageOfPage":{"@id":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#primaryimage"},"datePublished":"2020-11-30T15:35:08+00:00","dateModified":"2020-11-30T15:35:08+00:00","author":{"@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927"},"description":"In the light of COVID-19, FirstBank has launched the FastTrack ATM, a Next Generation ATM and first of its kind in Africa, designed to","breadcrumb":{"@id":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/nationalwire.com.ng\/sub\/covid-19-firstbank-launches-next-generation-atm-spearheads-innovation-in-electronic-banking-in-nigeria\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/nationalwire.com.ng\/sub\/"},{"@type":"ListItem","position":2,"name":"COVID-19: FirstBank Launches Next-Generation ATM, Spearheads Innovation In Electronic Banking In Nigeria"}]},{"@type":"Person","@id":"https:\/\/nationalwire.com.ng\/sub\/#\/schema\/person\/e2ab303e561d755b325fc9cea3854927","name":"Friday Ekeoba","url":"https:\/\/nationalwire.com.ng\/sub\/author\/friday\/"}]}},"_links":{"self":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/45133","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/comments?post=45133"}],"version-history":[{"count":1,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/45133\/revisions"}],"predecessor-version":[{"id":45134,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/posts\/45133\/revisions\/45134"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media\/24460"}],"wp:attachment":[{"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/media?parent=45133"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/categories?post=45133"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/tags?post=45133"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/nationalwire.com.ng\/sub\/wp-json\/wp\/v2\/coauthors?post=45133"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}