New m-banking app
Jordan Ahli Bank is launching a mobile banking application, Ahli Mobile (view press release). The service will be available to all of Ahli Bank’s clients. The service is compatible with most smartphones and will shortly be available on Android and Blackberry devices. Ahli Mobile enables its users to locate the branch closest to them, to transfer funds internally from their accounts, to check exchange rates, credit cards, to apply for loans and to budget their expenses.
“We are proud to be amongst the first financial institutions to provide mobile banking services in the Kingdom, this will allow us to solidify our position in the market as providers of diversified service offerings to our clients,” said deputy CEO, head of Group Personal Banking and Local Branch Management, Ahmad Al Khub. “Our ultimate goal is to provide our clients with a distinguished banking experience. Having said that, we are confident that our service will receive high demand and acceptance amongst its users.”
Whitepapers
Related reading
Central banks best suited to issue digital currencies
By Aaran Fronda A recent report by the Official Monetary and Financial Institutions Forum (OMFIF) said that central banks rather than private ... read more
Instant payments: innovations inbound for corporates
In 2020, instant payments look set to continue their current trajectory to become the biggest trend in payments. While these schemes already offer numerous benefits to corporates, leveraging innovations such as APIs and request to pay will go some way to unlocking their full potential, argues Michael Knetsch
Obstacles exist for banks to meet ECB’s instant payments goal
The cost of joining instant payment platforms will be one of many hurdles banks and payment services providers must overcome to meet ... read more
Banks must be aware of “biases” in data used to train ML models
Financial institutions need to be conscious of biases in the historical data that is being used to train machine learning (ML) models, ... read more
