Mashreq’s Post

As digital banking rapidly evolves, a leading UAE bank embraced the challenge to deliver faster, smarter, and more customer-focused services. Partnering with i-exceed, they implemented our Appzillon Retail Banking solution to streamline payments, integrate mobile wallets, and enable online fixed deposit accounts while seamlessly connecting with their legacy systems. This transformation boosted digital adoption, enhanced operational efficiency, and elevated customer experiences. The bank is now set to scale even further, ready to meet future demands. Curious about how they did it? Read the full case study. https://lnkd.in/g7d9Rp_u #CaseStudy #DigitalTransformation #UAE #Banking #Fintech #Finance #DigitalBanking #CustomerExperience #RetailBanking #Innovation #LegacySystems #DigitalAdoption #iExceed #PaymentSolutions #OperationalEfficiency

Thrilled to reflect on a year where I spent a lot of my time in the Middle East, offering guidance and consulting on digital initiatives to both NeoBanks and Traditional Banks. The digital banking sector in the Middle East has shown remarkable growth, boasting an impressive Compound Annual Growth Rate (CAGR) of 41% from 2012 to 2023. Notably, as highlighted by C-Innovation, this surge aligns with the expansion of the E-commerce market, recording a substantial 28% growth from 2017 to 2022. Insights gleaned from the folks at BPC Group and Fincog underscore the pivotal role of the United Arab Emirates (UAE) in this growth story. The UAE has distinguished itself by incorporating the largest number of new entrants into the digital banking landscape. During this period, five neobanking brands have successfully established themselves in the UAE, leaving a lasting impact on the region. 🚀💳 Middle East Digital Banking 2024 looks very exciting! 🌐📈 #DigitalBanking #MiddleEastFinance #FintechGrowth #UAEInnovation

Mashreq Pakistan is proud to partner with Paysys Labs, a leading payment technology provider, to introduce innovative digital payment solutions in Pakistan. The collaboration aims to develop an innovative payment solution, integrating instant payment systems including RAAST, RTGS – set to improve payment convenience, reliability and speed for customers - backed by Paysys' unified payments platform. Muhammad Hamayun Sajjad, Chief Executive Officer, Mashreq Pakistan, highlighted the significance of this partnership, stating, "At Mashreq Pakistan, we are committed to support Pakistan's growth by empowering its people through banking innovation, superior customer experience and financial accessibility for all. We are not just establishing a digital bank, but are here to introduce a comprehensive banking solution that resonates with today's digital-first world. This partnership is a major milestone on our journey to realize that vision in Pakistan. Collaborating with Paysys, a leader in Pakistan's vibrant fintech scene, we are poised to deliver a next-generation payment experience that sets new standards for convenience, speed and reliability.” Mashreq is actively progressing towards acquiring a restricted license from the State Bank of Pakistan to initiate pilot digital retail banking operations in Pakistan. #Mashreq #MashreqPakistan #Paysys #DigitalBanking #DigitalPayments #Integrated #Convenience #RealtimePayments

Mashreq Pakistan is proud to partner with Paysys Labs, a leading payment technology provider, to introduce innovative digital payment solutions in Pakistan. The collaboration aims to develop an innovative payment solution, integrating instant payment systems including RAAST, RTGS – set to improve payment convenience, reliability and speed for customers - backed by Paysys' unified payments platform. Muhammad Hamayun Sajjad, Chief Executive Officer, Mashreq Pakistan, highlighted the significance of this partnership, stating, "At Mashreq Pakistan, we are committed to support Pakistan's growth by empowering its people through banking innovation, superior customer experience and financial accessibility for all. We are not just establishing a digital bank, but are here to introduce a comprehensive banking solution that resonates with today's digital-first world. This partnership is a major milestone on our journey to realize that vision in Pakistan. Collaborating with Paysys, a leader in Pakistan's vibrant fintech scene, we are poised to deliver a next-generation payment experience that sets new standards for convenience, speed and reliability.” Mashreq is actively progressing towards acquiring a restricted license from the State Bank of Pakistan to initiate pilot digital retail banking operations in Pakistan. #Mashreq #MashreqPakistan #Paysys #DigitalBanking #DigitalPayments #Integrated #Convenience #RealtimePayments

Mashreq Pakistan is proud to partner with Paysys Labs, a leading payment technology provider, to introduce innovative digital payment solutions in Pakistan. The collaboration aims to develop an innovative payment solution, integrating instant payment systems including RAAST, RTGS – set to improve payment convenience, reliability and speed for customers - backed by Paysys' unified payments platform. Muhammad Hamayun Sajjad, Chief Executive Officer, Mashreq Pakistan, highlighted the significance of this partnership, stating, "At Mashreq Pakistan, we are committed to support Pakistan's growth by empowering its people through banking innovation, superior customer experience and financial accessibility for all. We are not just establishing a digital bank, but are here to introduce a comprehensive banking solution that resonates with today's digital-first world. This partnership is a major milestone on our journey to realize that vision in Pakistan. Collaborating with Paysys, a leader in Pakistan's vibrant fintech scene, we are poised to deliver a next-generation payment experience that sets new standards for convenience, speed and reliability.” Mashreq is actively progressing towards acquiring a restricted license from the State Bank of Pakistan to initiate pilot digital retail banking operations in Pakistan. #Mashreq #MashreqPakistan #Paysys #DigitalBanking #DigitalPayments #Integrated #Convenience #RealtimePayments

Capco’s new research with over 1,200 UAE consumers explores key trends including the take-up of digital-first banking, preferred payment methods such as digital wallets and BNPL, and consumer comfort with AI-guided financial decisions. Mobile-oriented convenience, integrated views and personalization are key themes in the evolving marketplace, with 81% of respondents using mobile apps to access banking and 72% willing to share more personal data to unlock personalized products. 💡 Swipe now to learn more about these trends and the demand for new tailored insights into personal finances. 👉 Read the full report here: https://lnkd.in/gryU46We Contacts: Naim Alame Kushal Dhammi Paul Sommerin Nadir Basma, PhD Hannah Cameron #Capco #BankOfTheFuture #GenAI #DigitalBanking #FutureOfBanking #CapcoMiddleEast #UAEbanking

This is your opportunity to tell your bank the specific things that count and don’t count when it comes to priceless customer experiences. Is it speed, availability, predictability, pleasantness, transparency? What is it? Take the survey and say what precisely. Give your bank candid feedback.

Capco’s new research with over 1,200 UAE consumers explores key trends including the take-up of digital-first banking, preferred payment methods such as digital wallets and BNPL, and consumer comfort with AI-guided financial decisions. Mobile-oriented convenience, integrated views and personalization are key themes in the evolving marketplace, with 81% of respondents using mobile apps to access banking and 72% willing to share more personal data to unlock personalized products. 💡 Swipe now to learn more about these trends and the demand for new tailored insights into personal finances. 👉 Read the full report here: https://lnkd.in/esW7KaAk Contacts: Naim Alame Kushal Dhammi Paul Sommerin Nadir Basma, PhD Hannah Cameron #Capco #BankOfTheFuture #GenAI #DigitalBanking #FutureOfBanking #CapcoMiddleEast #UAEbanking

Capco’s new research with over 1,200 UAE consumers explores key trends including the take-up of digital-first banking, preferred payment methods such as digital wallets and BNPL, and consumer comfort with AI-guided financial decisions. Mobile-oriented convenience, integrated views and personalization are key themes in the evolving marketplace, with 81% of respondents using mobile apps to access banking and 72% willing to share more personal data to unlock personalized products. 💡 Swipe now to learn more about these trends and the demand for new tailored insights into personal finances. 👉 Read the full report here: https://lnkd.in/etRrN8XX Contacts: Naim Alame Kushal Dhammi Paul Sommerin Nadir Basma, PhD Hannah Cameron #Capco #BankOfTheFuture #GenAI #DigitalBanking #FutureOfBanking #CapcoMiddleEast #UAEbanking

Capco’s new research with over 1,200 UAE consumers explores key trends including the take-up of digital-first banking, preferred payment methods such as digital wallets and BNPL, and consumer comfort with AI-guided financial decisions. Mobile-oriented convenience, integrated views and personalization are key themes in the evolving marketplace, with 81% of respondents using mobile apps to access banking and 72% willing to share more personal data to unlock personalized products. 💡 Swipe now to learn more about these trends and the demand for new tailored insights into personal finances. 👉 Read the full report here: https://lnkd.in/eBqTixAg Contacts: Naim Alame Kushal Dhammi Paul Sommerin Nadir Basma, PhD Hannah Cameron #Capco #BankOfTheFuture #GenAI #DigitalBanking #FutureOfBanking #CapcoMiddleEast #UAEbanking