AUB’s B2B ‘service’ launches on mobile

KUWAIT CITY, June 19: Ahli United Bank (AUB) announced that its business to business (B2B) corporate cash management platform is now available via mobile.

B2B is AUB’s advanced cash management platform that is designed for medium to large sized corporates. It was launched in 2013 and has been implemented across organizations in different industries in Kuwait. Until now the platform was only available through a desktop system but it is now available on a mobile phone through a dedicated B2B application.

B2B allows companies to manage their financial transactions online. It can be tailored to suit the different accounting systems of corporates, and offers significant flexibility that has a track record of meeting the varying needs of our customers.

Some of the features of B2B include an on screen viewer, advanced search, payment advice, SWIFT confirmation, notification engine, customizable workflow, enhanced reporting and dynamic file formats.

AUB’s Senior Deputy Chief Executive Officer, Tareq Muhmood said, “B2B is a reflection of AUB’s continued approach towards developing tailor-made solutions that have been designed to meet the varied expectations of our clients. AUB has quickly developed a strong position of becoming the trusted financial partner of many corporates, forming relationships based on integrity and trust, while also providing innovative banking services that understands and supports our clients’ needs at every stage of their development.”

In addition, Ali Alnaqi, senior Head of Cash Management and B2B at AUB, said “With B2B being rolled out with a mobile solution, customers are now able to manage transactions whilst on the move. B2B integration framework supports the automation of local and international transfers, payroll and related staff payments, and electronic collections payments”.

Ali Alnaqi added that “We continue to add additional functionality such as reconciliation on company’s systems, direct debit mandates, instant notification on all transactions, improved operational efficiencies, secure archiving of processed transactions, one time password generation for every login, access over secure socket layer encrypted channel, and various levels of authorization for transaction processing as per clients’ requirements. Customers are able to download the Mobile App through the Android or Apple App store by searching for AUBK B2B.

AUB’s corporate banking unit is one of the leading corporate banking service providers to the business community amongst Kuwaiti banks, based on providing insights and tailoring solutions to our customers across different industry sectors. The B2B Mobile App is another step in enhancing how Ahli United Bank is delivering its product and services to its customers.

For more information on the Bank’s products and services, customers are invited to visit any of the Bank’s branches or dial the customer service “Hayakom” on 1812000, or log on to the Bank’s website www.ahliunited.com.kw