AFRICA’s leading provider of home-grown banking and financial technology solutions, AppZone, has intensified focus on improving financial services access to the under-banked members of the informal sector by piloting Creditclub. Counterfeit nairaCreditclub is an alternative banking channel solution developed for licensed deposit money Banks with primary application in the area of delivering basic Banking services to remote customers outside traditional branches and in collaboration with affiliated third party entities. Speaking on the development the company explained that “Banks can leverage AppZone’s shared Core Banking platform along with the Creditclub technology and agent network to exploit the huge opportunity for customer acquisition and liquidity growth as well as to significantly increase operating margins through low cost and relatively stable savings funds.” “The CreditClub technology addresses branchless banking challenges by providing a robust software core and embedded core banking application that seamlessly integrates with portable mobile phones and POS devices as well as third party core banking applications. CreditClub also offers mobile banking self-service applications and functionality for issuing and managing debit cards. Using applications on mobile devices, agents are able to perform basic banking operations such as instant account opening and debit card issuance, as well as cash deposits and withdrawals. Other supported services include bills payments & funds transfers. The Instant card issuance feature allows Agents link non-personalized debit cards to newly created accounts of customers thereby allowing new customers access their funds at ATMs from day one. The CreditClub agent network is currently being piloted in Lagos, Abia, Owerri, Oyo and Kwara with the ultimate goal to roll-out across the 36 states of Nigeria in 2016. ,CreditClub is a flagship product of AppZone limited; a Nigerian software company that was established in 2008 and has grown to become Africa’s No. 1 provider of home-grown software solutions for the financial services industry.