Thursday, October 24, 2019

Kuwait Finance House – Bahrain Wins “Best Use of Technology in Fintech Solutions” Award

Kuwait Finance House (KFH) – Bahrain has successfully attained yet another milestone achievement, following the announcement of Global Business Outlook (GBO) during the fifth edition of GBO’s Annual Business awards ceremony, where the Bank was awarded “Best Use of Technology in FinTech Solutions” in the Banking category, for the Bank’s mobile application “KFH Jazeel Banking”.

With locations around the world, the Global Business Outlook (GBO) awards aim to recognize and reward excellence in innovation, creativity and the drive to create value in companies of all sizes in both the public and private sector.

On this occasion, Mr. Subah Abdullatif Al Zayani, Deputy Head of Retail Banking Group at KFH–Bahrain revealed, “KFH-Bahrain continues to enhance its position as a leading Islamic bank in Bahrain as well as a main contributor to developing the financial sector in the Kingdom. This remarkable achievement is a testament to our efforts to continue to improve banking services and products offered in order to meet the demands of customers and their expectations; and I would like to take this opportunity to congratulate the entire team for their efforts which have led to this recognition.”

“This achievement is also a reflection of the success of KFH Jazeel Banking, which is only in the first year of its launch. The application provides a comprehensive Fintech platform for all banking and community services, enabling us to push the boundaries of innovation by providing diverse digital solutions in order to meet the needs of new and existing customers. The mobile application aims to redefine the banking experience of our customers, and we are committed to offer unique features with every update released,” he added.

The latest update allows GCC customers to open accounts, conduct banking transactions and access financial services within the Kingdom of Bahrain without the need to travel, in addition to managing savings accounts, opening Wakala Investment accounts, issuing Credit Cards, alongside various other banking services. A primary feature of the platform is the eKYC “Electronic Know Your Customer” capability, which verifies individual customer information through an embedded video conferencing system fully integrated with the Bank’s call center, eliminating the need to visit any of the branches in person.

MOST READ

German delegation visits Almoayyed International Group

Mr. Armin Rock and Mr. Alexander Jung a delegation from HSM Germany met Mr. Srinivasan, Director & Chief Executive Officer - International Operations of...

Bahraini Athlete among nominees for Female World Athlete of the Year 2019

Bahraini champion Salwa Eid Naser, has been selected as a nominee in the 2019 World Athletes of the Year.She is one of the 11...

BPW Launches its “Art & Career” Incubator in Al Frieh Dar Al Fonoon Gallery

Under the patronage of Tamkeen's CEO Dr. Ebrahim Mohammed Janahi, Bahrain International Federation of Business and Professional Women (BPW) has launched its second leading...

HH Shaikh Nasser bin Hamad Al Khalifa Initiates Fund for Sports and Youth Projects

HH Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Charity Works and Youth Affairs and President of the Supreme...

VIVA extends support to Bahrain Deaf Society for professional training course on sign language skills

The corporate social responsibility arm of VIVA Bahrain, VIVA Jusoor recently extended support to Bahrain Deaf Society with sponsorship of professional sign language skills...

Stress Relief through Shishosana

Shishosana: As discussed, stress manifests in various ways in our physical body. In today’s times when we are engaged in innumerable activities from work...

Your Opinion Matters! Help Improve the Quality of ID Service Centers with ‘Tawasul’

Now, you can have a direct hand in shaping better future standards of government centers with the ‘Tawasul’ National Suggestions & Complaints System mobile...

“Thank You, and Well Done!” HH Shaikh Nasser Congratulates Bahrain National Football Team Players

HH Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Charity Works and Youth Affairs, and President of the Supreme...

Facial Oils for Rejuvenation

Facial oils is a nourishing skincare product that can do wonders for your skin. Used correctly, they work as wonderful anti-ageing products for wrinkle...

Bahrain Airport Company rolls out new ICT software (Oracle Fusion) to improve efficiency

In line with ongoing efforts to progress with its digital transformation strategy, Bahrain Airport Company (BAC) has become the first company in the Kingdom...

The Justice League assembles at City Centre Bahrain

Batman, Wonder Woman, Superman, and The Flash — otherwise known as The Justice League — will be landing in City Centre Bahrain, the Kingdom’s...

Naughty or Nice: Celebrate Diwali your way

Whether you feel naughty or nice this Diwali, Spices Restaurant at Crowne Plaza Bahrain will ensure that you are able to celebrate Diwali just...

Work is Worship

I had joined my father’s business in Dubai with 2 motives- to assist him in managing the shop and to learn the techniques of...

UNEECO, Mr. Abdulrahman Juma: Bahrain’s Unique Business Icon

When it comes to business, he is one of the greatest visionaries that Bahrain can boast of. Building a successful corporate entity over the...

Batelco Awarded AVAYA ‘Partner of the Year 2019’ by Westcon at GITEX 2019

Batelco, the leading digital solutions provider in the Kingdom of Bahrain has been presented with the AVAYA ‘Partner of the Year 2019’ award by...