KCB Bank has refreshed its mobile banking application to enhance its capabilities and guarantee tighter security features as the lender deepens its digital banking agenda.

The official launch happened yesterday at Hilton’s Tsavo ballroom and was graced by KCB’s finance minister of mtaani, Jaymo Ule Msee

With the new look App, users are able to perform a wider array of transactions ranging from paying utilities, transferring funds across accounts and banks and making e-commerce transactions among other capabilities. Through the KCB App, users are able to make utility payments such as Water and Electricity payments, with bill reminders set to remind the customer when the bill is due. The KCB App allows users to make money transfers through KCB Mpesa, SWIFT EFT and RTGS. Through the App, users are also able to pay school fees to over 2,000 schools across Kenya through ‘Lipa Karo’.

 

Ladies & Gents, Mtaani Minister of Finance unveils the KCB APP as his grand plan.We’re 100% behind him. #UleMsee2016 pic.twitter.com/F88TkcyRSV

— KCB Group (@KCBGroup) July 26, 2016

“The KCB App, as currently designed is set to revolutionize banking. It is one of the key pillars of our digital banking strategy, grounded on our belief that the future of financial services is digital. We believe that technology-based platforms have the potential to significantly accelerate any financial service proposition and we have seen this happen before,” said Samuel Makome, KCB Group Chief Operating Officer.

The App also features the latest news, a budget tracker and a currency converter for customers and non-customers alike. Customers get to enjoy the effective e-commerce platform that allows you to pay for goods and services from partners such as Jambojet and Jumia. This is a big plus for travelers and investors in the stock and money markets. From the App, users can access real-time stock market prices and forex rates.

“We continue to make deliberate investments towards digital financial services to complement the traditional brick and mortar model that was in yesteryears the hallmark of banking. We have continually rejigged our digital strategy to align it with the global direction of flight as far as technology is concerned,” said Mr Makome while launching the App.

Launched in the Kenyan Market in April 2015, the KCB App has attracted over 200,000 downloads so far across Android, IOS, Blackberry and Windows devices.  As a sign of its continued popularity in the market, the App is ranked 10th on Google Play Store for Android in Kenya, making it the highest rated banking App in the East African region.

To even juicier news, With every transaction through the App, customers will now be able earn Simba Points—loyalty points that are redeemable for goods and services at specific outlets.

“With this in mind, we have made it a priority to invest in innovative projects that will ease banking for our customers to make our services seamless,”said Mr Makome.