Ajman Bank launches retail super app in partnership with Codebase
By Gloria Methri
UAE-based Ajman Bank has announced a strategic partnership with Codebase Technologies to launch its new retail super app. The Digibanc platform, developed by Codebase Technologies, underpins this super app.
To further amplify the bank’s digital capabilities, Cloud4C and Microsoft Azure cloud solutions have been integrated. This collaboration is aimed at unlocking enhanced customer value, streamlining operations, and driving increased revenue through state-of-the-art innovation.
Mustafa Mohammed Saeed Al Khalfawi, CEO of Ajman Bank said, “The Digibanc platform has been pivotal in our transition to a more customer-focused, innovation-driven model. The transformative power of technology and cloud solutions in the financial sector is undeniable. As a front-runner in the UAE banking scene, we are committed to harnessing these innovations to elevate customer experiences and boost our operational efficiency.”
Leveraging Digibanc’s microservices architecture and ready-to-market components, Codebase Technologies has implemented a new technology foundation from which Ajman Bank can create and launch digital banking products and services. Through its API-first approach, the team integrated Digibanc with key third-party partners, including Kong, Infobip, Microblink, and Aquant, enhancing the bank’s collaboration with FinTechs and improving its customer-centric offering.
Tamer Al Mauge, Managing Director – MENA, Codebase Technologies said, “Digibanc has exponentially enhanced Ajman Bank’s capabilities to become a digital-first leader. With its new technology platform in place, the bank’s team has an extreme degree of flexibility over their products and services, customer journeys, and improved insights into their business. With these enhanced capabilities, Ajman Bank has reinvented its approach, and we’re proud to have helped pave the way.”
Cloud4C ensured the risk-free deployment of the entire Digibanc environment on a fully secure Azure cloud that complies with standards outlined by the UAE Central Bank.
“By choosing Microsoft Azure, Ajman Bank can now seamlessly innovate, deliver personalized services, and grow their business without worrying about internal IT challenges. Cloud4C’s Mission Critical Operations Center, powered by a proprietary AIOps-driven Self-Healing Platform, 25 Centers of Excellence, and 650+ dedicated Azure experts, guarantees that all cloud requirements are met and managed with utmost agility and confidence,” said Rakesh Reddy, Regional Director of MEA at Cloud4C.
IBSi Daily News Analysis
January 16, 2024
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