Bank ABC invites autonomous financial advisory solution providers to participate in its innovation challenge closing on June 26

Bank ABC invites autonomous financial advisory solution providers to participate in its innovation challenge closing on June 26

Manama, Bahrain: Bank ABC, MENA’s leading international bank, invites autonomous financial advisory solution providers to participate in its innovation challenge hosted as part of Bahrain Open Banking Supernova 2022, led by the Central Bank of Bahrain. The challenge, which closes on June 26th, 2022, is aimed at scouting unique technological solutions to power the Bank’s AI-driven, emotionally intelligent, digital human assistant, ‘Fatema’ to serve as an autonomous financial advisor for corporates and individuals.

This initiative comes as part of Bank ABC’s comprehensive multi-year Group Digital Transformation Programme aimed at building a client-centric ‘bank of the future,’ driving digital transformation in financial services in the MENA region and beyond.

Bank ABC’s innovation challenge is open to regional and global solution providers, leveraging open banking ecosystems. The proposed solution will be utilized to enable the Bank’s digital human avatar ‘Fatema’ to serve as a smart ‘Digital Financial Advisor’ and further augment her existing intuitive customer support capabilities.

Commenting on the innovation challenge, Dr. Yousif Almas, Group Chief Innovation Officer, Bank ABC said: “At Bank ABC, we envisage the future of banking to be very different from the current way of banking. We endeavor to be at the forefront of shaping the future of banking as