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Who’s bought what? WHO? AIR BANK WHAT? CS 2020
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zech Republic-based Air Bank is partnering with Diebold Nixdorf for a pilot involving the CS 2020 cash dispenser, software and services. The new contactless machine
WHO? AL RAJHI BANK WHAT? IGTB TECH
a deal with Intellect Design Arena’s subsidiary iGTB. The vendor will be working alongside the bank to implement a “comprehensive” digital transformation of both its retail and corporate banking services in Malaysia. The project is set to begin at the end of February and aims to provide a “simpler but richer banking experience”.
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Al Rajhi Bank customers in the region will be able to interact with the bank through, mobile, online and tablet- based banking portals, while a series of pop-up branches are also planned. iGTB will be providing a suite of digital solutions, enabling “fully digitised” customer onboarding and cash management services, to corporate customers, as well as liquidity services including sweeping, pooling, and intercompany lending.
“Al Rajhi Bank’s digital transformation in Malaysia is an excellent example of our ability to zero in on the needs of both our clients and our clients’ clients,” says Manish Maakan, CEO at iGTB. “With the help of Intellect’s agile delivery and rapid deployment, our comprehensive set
enables consumers to withdraw cash without inserting a card into the reader. Instead, they can tap a NFC- enabled card, stick or sticker.
“Simplicity is one of the key values of our bank,” says Jaromir Vostry, Product Manager for Cards at Air Bank. “With enhanced functions, the new contactless ATMs enable customers to withdraw cash as easily, comfortably and securely as they are used when making contactless payments in shops and other places.”
Scott Thompson
audi Arabia-based Al Rajhi Bank has signed
of digital solutions will give Al Rajhi the opportunity to rationalise its operations and expand its geographical reach, while at the same time putting highly sophisticated tools at the fingertips of its clients.”
Alex Hamilton
www.ibsintelligence.com © IBS Intelligence 2017
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