NBB transform Transaction Banking with Infosys Financle

NBB transform Transaction Banking with Infosys Financle

In line with the Bank's strategy geared towards developing a robust digital ecosystem, the National Bank of Bahrain (NBB) entered into a partnership agreement with Infosys Finacle, part of EdgeVerve Systems, a wholly-owned subsidiary of Infosys, to adopt the Finacle Cash Management Suite, which will allow the Bank to digitally transform its transaction banking business.



The adoption of the suite will allow the bank to offer a comprehensive range of services to corporate customers, while providing them with seamless access to a range of digital cash management services, such as self-service mode and the ability to streamline payments. This new development will also enable NBB to manage customer preferences and entitlements more effectively across channels.



Commenting on this agreement, Hisham Al Kurdi, Chief Executive - Corporate and Institutional Investment Banking at NBB said, "This partnership comes as part of NBB's digital transformation, with the upgrades provided by the suite set to further enhance the seamless service already provided to the Bank's client.“



"The front-to-back integrated cash management solution from Infosys Finacle will help deliver a world-class banking experience to our corporate and institutional customers, thereby driving the growth of our transaction banking business even further,“ added Mr. Al-Kurdi.



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