Bahrain Islamic Bank upgrades digital banking services

New service grants customers access to data from credit card accounts, investment accounts and other accounts through a universal API

  

MANAMA: Bahrain Islamic Bank (BisB) has upgraded its digital banking services enabling customers to link and view multiple bank accounts through the BisB Digital mobile application.

Launched in partnership with Tarabut Gateway, the largest open banking platform in Mena, it marks the first time this open banking service is being launched in a single streamlined application through BisB Digital, where customers can link and view bank accounts across different banks on a single platform instead of multiple mobile applications.

In addition, the new service grants customers access to data from credit card accounts, investment accounts and other accounts through a universal API, eliminating the need for customers to request for statements from multiple accounts.

“Our simplification strategy focuses on delivering on our promise – to simplify our customers’ money matters, through offering a comprehensive portfolio of financial solutions and partnering up with other entities in the banking sector in order to launch digital innovations,” said BisB chief executive Hassan Jarrar.

Tarabut Gateway chief executive Abdulla Al Moayed said, “We are delighted to be partnering with BisB as both our companies look to simplify money matters and elevate the standards of banking. Together, we will give BisB’s customers a complete overview of their financial lives, helping them manage their money more effectively and make smarter financial choices.”

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