Dubai Islamic Bank Pakistan introduces enhanced digital onboarding
solutions
Dubai Islamic Bank Pakistan has unveiled its advanced
digital onboarding services, catering to both resident and non-resident
Pakistanis. Codebase Technologies, the technology partner of Dubai Islamic Bank
Pakistan, has harnessed the flexibility of the Digibanc platform to achieve
this milestone.
Commenting on the partnership, Junaid Ahmed, CEO of Dubai
Islamic Bank Pakistan, stated, "Dubai Islamic Bank Pakistan is taking a
pioneering step in digital banking, and Codebase Technologies has consistently
been our trusted technology partner on this journey. With the successful
implementation of this new phase of our transformation, DIB Digital now meets
the requirements of both local and overseas Pakistanis, providing them with a
convenient way to open new accounts."
This upgraded solution significantly boosts Dubai Islamic
Bank Pakistan's customer acquisition and operational efficiency by digitizing
the account opening process. It offers highly personalized digital onboarding
experiences for new Domestic and Roshan Digital customers through the DIB Digital
mobile app.
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Dubai Islamic Bank Pakistan's digital banking services are
meticulously designed to deliver a seamless and secure banking experience while
adhering to the principles of Islamic finance.
Raheel Iqbal, Managing Partner at Codebase Technologies,
remarked, "This marks our second collaborative project with the Dubai Islamic
Bank Pakistan team, and we are delighted that they have once again entrusted us
with their digital transformation. The evolution of Dubai Islamic Bank
Pakistan's digital onboarding solution underscores the remarkable flexibility
of our Digibanc platform and its potential to significantly enhance the
innovation capabilities of any financial institution. This project presents a
fantastic opportunity for us to disrupt Pakistan's financial industry, align
with the government's digitalization agenda, and contribute to advancing
financial inclusion and accessibility."
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Dubai Islamic Bank Pakistan Limited (DIBPL) stands as a
wholly-owned subsidiary of Dubai Islamic Bank UAE (DIB). Its digital banking
services are thoughtfully crafted to provide customers with a seamless and
secure banking experience while upholding the principles of Islamic finance.
Codebase Technologies stands as one of the fastest-growing
FinTechs specializing in open API banking solutions. With a vision to
"revolutionize the utilization of technology for a greater purpose,"
the company engineers impactful digital financial experiences for traditional
and Islamic banks, FinTechs, Neobanks, lenders, and startups.
Source: https://ibsintelligence.com/