Technology

Mashreq Bank and Finastra rethink the future of corporate banking

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The duo seeks to explored the power of emerging technologies such as AI, blockchain and digital personal assistants in providing opportunities for banks to enhance corporate banking offerings.

Wednesday 10, April 2019 BY KUDAKWASHE MUZORIWA

Mashreq Bank partnered with Finastra for a one day workshop around the future of corporate banking, to support the Dubai-based lender’s ongoing digital transformation.

Karim Labadi, Mashreq Bank’s Managing Director and Head of Global Transaction Banking, said, “Mashreq Bank is dedicated to delivering next-generation digital banking experiences that will keep us at the forefront of the banking industry, and this workshop organised with Finastra was a vital step in improving our corporate offering.”

Financial institutions in the Middle East are exploring ways to drive innovation, reach new customers and expand their revenue streams, added Wissam Khoury, the Managing Director, Middle East and Africa at Finastra.

The workshop attracted over 40 bank customers and participants, including Chief Financial Officers from the telecommunications, utilities and transportation industries, to identify challenges that face the industry and how best to tackle them.

TAGS : Finastra, Mashreq Bank , fintech, Digital Banking

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