Thursday 28 March 2024
 
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Online banking

Majority in Gulf ‘prefer online banking’

The majority of customers in the Gulf region clearly prefers to handle their daily banking transactions from their phones and laptops, said an industry expert. “Their expectations are a lot higher today than they were a coup

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Citi Bahrain launches new online banking platform

Citibank Bahrain has launched its new online banking platform and the Citi mobile app service, reported the Gulf Daily News, our sister publication. To read further, please visit

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Firm develops tailored online banking system

Softax, a leading Polish financial software provider, has developed an innovative white label sales and marketing solution for online banking called ‘LogoBank’ for the retail banking sector. The LogoBank system takes a

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StanChart plans new digital services in UAE

Standard Chartered has announced that it will be introducing a series of digital services and solutions including mobile and online banking to the UAE market this year. The bank also inaugurated its fifth Electronic Banking Unit (

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EIB launches banking iPhone app

Emirates Islamic Bank (EIB), a leading Islamic financial institution, has launched its mobile banking via iPhone, allowing users to access online banking from their smartphone. The new Arabic-enabled application is a first-of-its-kind offe

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DIB launches Arabic online interface

Dubai Islamic Bank (DIB) has launched the Arabic interface of its Internet-based banking service, Al Islami Online Banking, allowing customers to conduct over 70 banking transactions in both Arabic and English. In addition to a complete Ar

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Crédit Agricole Egypt launches SMS service

Crédit Agricole Egypt (CAE), a major bank in Egypt, has launched its SMS alert service, which enables all account and card holders to monitor their day-to-day banking activities through instant SMS alert sent on their mobile phones. Using

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US firm warns against online banking fraud

US-based IronKey, a leader in securing data and online access, has warned financial institutions in the Middle East of the threat posed by online banking cyber-criminals using new crimeware toolkits. IronKey is meeting with Middle East ban

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ME online banking ‘worst hit’ by new Trojan

The Middle East’s online banking users are among the most sought after targets for cybercriminals using a specialised online banking Trojan, said a report. Egypt, Saudi Arabia Turkey, Morocco, Iran and Kuwait were among the world

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UAE 23rd in Net banking

The UAE ranks 23rd in the usage of internet banking, according to a recent study conducted by the Nielsen Company. The study comes at a time when the voice of the bank brand is shifting from the High Street to the web even as consumer

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