Dubai Islamic Bank Pakistan unveils digital onboarding solutions with Codebase Technologies
By Gloria Mathias
Dubai Islamic Bank Pakistan has launched its enhanced digital onboarding services for resident and non-resident Pakistanis. Codebase Technologies, Dubai Islamic Bank Pakistan’s technology partner, leverages the flexibility of the Digibanc platform.
Junaid Ahmed, CEO of Dubai Islamic Bank Pakistan, commented on the partnership, “Dubai Islamic Bank Pakistan is moving to the forefront of digital banking, and Codebase Technologies has been a trusted technology partner on our journey. With this new stage of our transformation complete, DIB Digital addresses the needs of both domestic and overseas Pakistanis, giving them an easy way to open new accounts.”
The upgraded solution enhances Dubai Islamic Bank Pakistan’s customer acquisition and operational efficiency by digitizing the account opening process. It provides hyper-personalized digital onboarding journeys for new Domestic and Roshan Digital customers through the DIB Digital mobile app.
Dubai Islamic Bank Pakistan’s digital banking services are designed to provide customers with a seamless and secure banking experience while adhering to the principles of Islamic finance.
Raheel Iqbal, Managing Partner at Codebase Technologies, stated, “This is our second project with the team at Dubai Islamic Bank Pakistan, and we’re pleased that the team has once again placed their trust in us. The evolution of Dubai Islamic Bank Pakistan’s digital onboarding solution demonstrates the extensive flexibility of our Digibanc platform and the significant impact it can have on the innovating power of any financial institution. This project presents a great opportunity for us to disrupt Pakistan’s financial industry, support the government’s digitization agenda, and contribute to driving financial inclusion and access.”
Dubai Islamic Bank Pakistan Limited (DIBPL) is a wholly-owned subsidiary of Dubai Islamic Bank UAE (DIB). Its digital banking services are designed to provide customers with a seamless and secure banking experience while adhering to the principles of Islamic finance.
Codebase Technologies is the fastest-growing open API banking solution FinTechs. With a vision to “disrupt the way technology is utilized for a greater purpose,” the company engineers impactful digital financial experiences for conventional and Islamic banks, FinTechs, Neobanks, lenders, and startups.
IBSi Daily News Analysis
November 28, 2023
A $4 trillion Islamic banking market to be driven by FinTech, study showsRead More
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage