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Banking & Finance

Al Ahli Bank of Kuwait launches IT Academy to develop IT skills

Al Ahli Bank of Kuwait (ABK) has launched the ABK IT Academy, the first programme designed to prepare new Kuwaiti graduates for Information Technology jobs within the banking sector The ABK IT Academy’s first batch of students have begun training, with the programme running until October 1. Training is given on the main IT systems […]

Bank ABC employs biometrics from Jumio to streamline digital onboarding

Bank ABC, the Bahrain-based bank which serves customers on five continents, covering countries in the Middle East, North Africa, Europe, the Americas and Asia, has become the first Middle East bank to  leverage face-based biometrics and Machine Learning to streamline the Know Your Customer (KYC) and identity-proofing processes. Utilising Jumio’s AI expertise it is streamlining […]

Gulf Bank introduces new contactless credit card in ‘first’ for Kuwait

Gulf Bank in collaboration with Mastercard has launched Kuwait’s First Metal World Elite Credit Card offering contactless payments. The World Elite card, which is enabled with NFC (Near Field Communication) technology, allows cardholders to make contactless transactions for purchases, removing the hassle of inserting or swiping cards at check-out. Ahmad Al Amir, Assistant General Manager […]

Micro Focus implements security solution for Kuwait Finance House

Even as a pioneer of the financial establishment, Kuwait Finance House faced a growing cyberthreat landscape. With the organisations needing to implement a comprehensive security solution it turned to Micro Focus. Kuwait Finance House (KFH) is considered a pioneer in the banking phenomenon known as Islamic Finance or Shari’a Compliant Banking. KFH is the first […]

Bahrain Bourse turns to AWS Cloud Technology to enhance performance 

Bahrain Bourse has announced that it has started migrating to Amazon Web Services (AWS) due to the increased availability and security it will get and to increase its application speed and performance, while reducing operational costs. The first phase of the migration includes moving backup and Disaster Recovery solutions to the cloud, with plans to […]

Kuwait Finance House to adopt MoneyMatch’s Enterprise Solution

Kuwait Finance House (KFH) and MoneyMatch have announced a strategic collaboration to provide cross-border payments for KFH’s customers. This partnership marks MoneyMatch’s maiden entry to provide enterprise solutions via its newest product BankFX. In a statement Kuwait Finance House says customers will be able to enjoy low-cost and simple cross-border transfers with 38 available currencies […]

Emirates NBD boosts government department’s digitisation strategy

DoF to fully automate payments through Emirates NBD smartBUSINESS Connect solution.  Emirates NBD, a leading bank in the region, has announced the successful implementation of a digitised payment solution for the Dubai Department of Finance (DoF) to achieve full Host-to-Host (H2H) integration of all payment processes through the bank’s smartBUSINESS Connect solution. Implemented by the […]

Banque du Caire goes live with Temenos to redefine digital customer experience

Temenos, the banking software company, has announced that Banque du Caire has gone live with Temenos Infinity, the omni-channel digital banking product to transform the bank’s multiple banking channels into a fast, seamless and compelling customer journey. At this first stage of the Temenos Infinity implementation, the bank has gone live with digital channels servicing […]

Securing voice and video communications

In this video, you can learn about the Payment Card Industry Data Security Standards for cardholder data transmitted over voice and video communications.

Bank ABC partners with Jumio to become first Middle East bank to employ biometric-based digital KYC functionality

Bank ABC’s partnership with Jumio streamlines digital onboarding, eliminating the need for customers to visit branch offices when creating new banking accounts Jumio, a leading AI-powered trusted identity as a service provider, has announced a partnership with Bank ABC, one of the MENA region’s leading international banks. The partnership enables Bank ABC’s new mobile-only bank to […]

Creating a data-driven AI future for customers

NVIDIA and NetApp have partnered to deliver the ONTAP AI solution to benefit data-driven companies in transportation, healthcare, finance and telecommunications.

How banking is adapting to Digital Transformation

In a competitive market, Digital Transformation is the key to survival for banking organisations. Intelligent CIO has spoken to Naji Kazak, General Manager – Middle East, Africa, Turkey and Russia at Alaris, a Kodak Alaris Business, about how successfully the sector is transforming. What are your views on digitisation trends in the Middle East? Digital […]

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