NBK named “Best Financial Innovation Lab in Kuwait 2022”, for the second year in a row

NBK named “Best Financial Innovation Lab in Kuwait 2022”, for the second year in a row

This year’s awards highlight the leading players and emerging trends in FinTech innovation and have become one of the premier awards in the field.

NBK’s Group Digital Office acts as an Innovation Lab for National Bank of Kuwait, comprising Digital Office and Digital Factory under one umbrella, acting as an accelerator.

Using agile methodologies, design thinking and global research processes, NBK drives creativity and the development of innovations in line with its digital transformation strategy.

This achievement is shared by all entities under the NBK umbrella, including all international subsidiaries at the group level.

Recently, NBK established a Design Center within Group Digital Office to accelerate and harmonise UX design-related work required for the digital product/service development and augment the bank’s in-house design capabilities. By partnering with an internationally renowned design agency, NBK is expertly equipped to enhance all critical areas of the bank’s digital product portfolio.

As the largest financial technology accelerator, NBK is currently working with dozens of startups and FinTechs across the globe. Being a core aspect of the digital roadmap, engaging with global FinTechs allows NBK to bring new ideas and networking opportunities to expand its products and services successfully to customers. Group Digital Office currently engages with over 20 startups,