GFT Report November 2024 | Page 8

GFT
management and security operations automation by design .
This anticipatory strategy involved the weaving of advanced security measures into the fabric of the bank ’ s cloud infrastructure , providing robust defence against the developing landscape of digital threats .
The results speak for themselves . Launched in 2023 , Salt Bank has exceeded its annual target of onboarding 230,000 customer by the end of 2024 . The bank offers a current account paying 3 % interest ( for transactors above a certain limit ), digital wallet compatibility , mixed-term deposits , a multicurrency card ( supportin 17 different currencies ) and a savings account .
“ Customers appreciate the simplicity and speed of onboarding , with an average time of less than seven minutes to create a live account ,” says Dean .
He adds : “ To achieve this level of customer satisfaction , GFT harnessed its global delivery model across 18 nationalities to maintain momentum on a highly complex and diverse build and deployment , demonstrating the deep expertise required to create a truly integrated and innovative new bank .”
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