Latest news with #MEAFinanceBankingTechnologyAwards2025
Web Release
3 days ago
- Business
- Web Release
Ajman Bank Wins MEA Finance Banking Technology Awards 2025 for Outstanding Innovation and Digital Excellence in Islamic Banking
Ajman Bank has been recognised as one of the winners at the prestigious MEA Finance Banking Technology Awards 2025, held on 8 May at the Armani Hotel, Burj Khalifa in Dubai. Now in its fifth year, the awards celebrate excellence in banking innovation and digital transformation across the Middle East and Africa, attracting over 300 senior banking and fintech leaders. Commenting on the achievement, Mr. Mustafa Al Khalfawi, CEO of Ajman Bank, said: 'We are honoured to receive this prestigious award. It is a testament to the strength of our transformation strategy and the dedication of our team. This recognition reflects our customers' trust and our ongoing commitment to providing seamless, secure, and inclusive digital banking experiences. We remain focused on driving innovation in the UAE's financial ecosystem through speed, service, and specialisation.' Organised by MEA Finance Magazine, the awards are widely considered a benchmark for excellence in banking technology. Winners were selected by an expert panel based on criteria including innovation, strategic impact, and execution. The award specifically recognises Ajman Bank's achievement in 'Best Cloud Implementation,' a milestone that has significantly enhanced the overall user experience by delivering faster, more seamless digital services. The adoption of cloud technologies has also opened new, dynamic channels of engagement with customers – redefining convenience, connectivity, and responsiveness in Islamic banking. This accolade further cements Ajman Bank's standing as a digitally agile Islamic bank. The bank's achievements include the successful launch of digital-first services such as instant account opening, fully digital credit card issuance, and collaborations with global fintech and payment platforms. These efforts support the Bank's strategic objectives around financial inclusion, sustainable growth, and the Ajman Vision 2030.
Mid East Info
09-05-2025
- Business
- Mid East Info
National Bank of Fujairah wins in five categories at MEA Finance Banking Technology Awards 2025 - Middle East Business News and Information
NBF recognised for excellence in innovation, cybersecurity, mobile banking, and corporate payments. National Bank of Fujairah (NBF) has been recognised in five awards at the prestigious MEA Finance Banking Technology Awards 2025, reflecting the bank's leadership in delivering secure, cutting-edge solutions across mobile, trade, and corporate banking services. The awards included Best Cybersecurity and Risk Management Implementation – UAE, Best Mobile Banking Services – UAE, Best Innovation in Corporate Banking and Finance, Best Innovation in Trade Finance – UAE, and Best Corporate Payment Service. NBF's latest recognition underscores its unwavering commitment to excellence, industry leadership, and innovation. These accolades highlight the bank's sector-specific expertise, customer-centric digital strategy, and long-standing focus on security and value creation. Together, they reflect NBF's vision for the future of banking—one that blends trusted client relationships with advanced technologies and a deep understanding of evolving customer needs. Best Cybersecurity and Risk Management Implementation – UAENBF has implemented a robust, enterprise-wide cybersecurity framework as part of its broader digital transformation strategy. The bank's approach combines advanced risk management protocols with AI-powered fraud detection and monitoring, ensuring the safety of customer data and operational resilience. This award reflects NBF's commitment to protecting customers while embracing innovation. Best Mobile Banking Services – UAE NBF has transformed its mobile banking experience by focusing on speed, accessibility, and customer-centric features. From biometric logins and seamless fund transfers to enhanced bill payments and trade transaction capabilities, NBF's mobile platform is an industry leader. The bank's consistent investment in convenience, transparency, and usability reinforces its reputation for delivering secure, high-performance digital banking. Best Innovation in Corporate Banking and Finance: NBF has led the way in offering bespoke corporate banking solutions tailored to the needs of SMEs and mid-market clients. By integrating sector-specific expertise with advanced analytics and digital platforms, NBF empowers businesses to manage their finances more efficiently and access timely credit and advisory services. This award recognises the bank's role as a long-term partner and enabler of sustainable business growth across the UAE. Best Innovation in Trade Finance – UAE NBF has redefined the trade finance experience through the introduction of automated, AI-driven platforms that reduce turnaround times and simplify processing. Customers benefit from fast, secure, and cost-effective trade transactions through NBF's state-of-the art online banking ecosystem. The bank's deep understanding of the trading community and its strong relationships across geographies make it a market leader in trade finance innovation. Best Corporate Payment Service: NBF offers seamless, secure, and customised payment solutions that support the needs of businesses across sectors. With features like real-time payment tracking, end-to-end integration, and enhanced reconciliation tools, the bank has simplified corporate treasury operations while ensuring compliance and efficiency. This award reflects NBF's ability to deliver best-in-class payment services rooted in deep understanding of client workflows.
