Case Study: Standard Bank Mozambique achieves electronic statement delivery with Formpipe's Lasernet

Lasernet helps Standard Bank Mozambique to switch to electronic statement delivery

Standard Bank Mozambique, part of Africa's largest banking group, faced the challenges of moving away from a costly and labor-intensive paper-based system for statement delivery. The bank needed a trusted and convenient electronic solution to provide customers with legal and secure records. They implemented Formpipe's Lasernet to facilitate this digital transition.

With the Lasernet solution, the bank generated precise PDF replicas of paper statements that were legally compliant and could be securely delivered via email. Formpipe's implementation enabled Standard Bank to successfully convert nearly 80% of its customer base to electronic statement delivery. This resulted in dramatic cost savings, reduced branch queues, and a more efficient, automated process for customer communications.

Standard Bank