Digital trends shaping the banking landscape in MENA region

In the wake of the pandemic, banks throughout the world have been aggressively pursuing digital transformation in order to position and equip themselves to succeed in the post-COVID, digital-first future. As a result, the MENA banking sector is also undergoing deep changes, allowing regional banks to reconsider their old business models and take a major leap into the future.

Wally’s global users grow big; UAE sees 30% increase

In January this year, Wally was featured by Apple as a Top App. The UAE in particular has been Wally’s fastest-growing market since introducing the ability to allow users to link their bank accounts to the app in May 2021.

Al Rajhi Bank Malaysia opts Thought Machine to build Islamic digital bank

Paul Taylor, said, “We are delighted that Al Rajhi Bank Malaysia has selected us to power their new bank. Al Rajhi Malaysia Bank has a considerable opportunity to launch an exceptional next-generation banking service – and we have no doubt they will succeed. We look forward to working together to deliver on their ambitious and exciting vision.”

Arab National Bank boosts digital banking with Red Hat’s open hybrid cloud platforms

As ANB embraces cloud-native apps, security is a top priority. Red Hat OpenShift has built-in container isolation features as well as other security features like runtime observability, authentication, authorization, and encryption, and using Red Hat Enterprise Linux across its environment allows ANB to benefit from the industry’s leading enterprise Linux platform’s innovation, security capabilities, and consistency.

Halkbank accelerates digital banking with Riverbed | Aternity solutions

During the epidemic, Halkbank’s mobile banking client base grew at an exponential rate, going from one million to 2.5 million in a matter of months. Riverbed | Aternity gives real-time network visibility and actionable data insights to the bank, allowing it to immediately rectify any performance issues and provide customers with the best possible digital experience.