FinTech Focus

Faster, friendlier and secure

May 23 - 29, 2018
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As part of its digital transformation strategy, Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched its new state-of-the-art eBanking service, which it says offers customers a faster, friendlier and more secure online banking experience.

The eBanking service from Veripark provides Ithmaar Bank customers with a digital platform accessible directly from tablets, mobile phones and computers at any time and from anywhere in the world.

“Our new eBanking services brings the most sophisticated banking services to our customers’ fingertips,” said Ithmaar Bank CEO, Ahmed Abdul Rahim, pictured above. “It is a reflection of our commitment to listen closely to our customers’ evolving digital requirements and work hard to ensure that we meet and exceed their expectations.

“This new service is launched as part of the bank’s digital transformation initiative that will put us on par with some of the best in the world.”

Customers will be able to seamlessly execute many of their regular banking transactions and services without ever having to visit a branch. They can, for example, immediately and in real-time, open various types of accounts, order new cheque books, issue eCards or transfer funds at the click of a button or the tap of a touchscreen.

They can also apply for financing or credit cards or even supplementary credit cards for family members, pay multiple bills and manage their personal budgets. As an additional feature, Ithmaar Bank has also introduced the feature of secure image for login to the new eBanking service to provide customers with additional cyber security.







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