Warba Bank launches Apple Watch app
Bank boosting digital infrastructure based on its new strategy
KUWAIT CITY, March 13: Warba Bank, Kuwait’s best investment bank and corporate consultancy firm, is committed to improving its digital infrastructure in response to the rapid growth in the Islamic banking sector in terms of applying the latest technologies that saves clients’ time and effort by allowing them to easily carry out their banking transactions online.
Accordingly, Warba Bank presents today its latest innovation in digital banking by launching an application on Apple Watch that allows clients to track their accounts and transactions carried out through their banking cards through their Apple digital watch.
This step also follows the bank’s five-year strategy (2017– 2021) adopted in cooperation with McKinsey and Company, and focuses on improving the bank’s digital infrastructure.
Haitham Al-Terkait, Technology Group Chairman at Warba Bank, said in this regard: “Adopting digital technologies come in line with improving Warba Bank’s digital infrastructure, especially with regards to coping with the information technology advancements in Islamic banks, and presenting modern products and services to clients. Digital banking services today have transformed every smartphone into a mobile bank branch through which the client can interact with new and modern methods to carry out their banking transactions.”
“We at Warba Bank seek to increase our clients’ confidence by offering advanced electronic services that help them perform transactions comfortably and in full privacy,” he added. “We make sure that this become the essence of our relationship with our clients, as digital services offer multiple options that are more varied than any time before, and provide access to digital services in a way that greatly saves time and effort.”
Al-Terkait further indicated that Warba Bank plans to release a number of digital services designed to add more flexibility and efficiency to banking transactions done through the bank’s website or smartphone applications.
Warba Bank had recently achieved various achievements in terms of improving its digital infrastructure and launching innovative services, including the e-signature service launched recently in cooperation with the Public Authority of Civil Information (PACI), and which allows clients to benefit from the unique ‘Express Finance’ service.
The e-signature allows clients to authorize the bank to view their information through Ci-net without having to report personally to the branch. And in terms of digital advancement that Warba Bank witnessed as well, it launched a WhatsApp service that allows clients to stay in touch with Warba Bank staff and inquire about banking operations at any time.