Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform, to help businesses in the UAE manage all their banking needs on a single secure, intuitive platform.
Available to the bank’s small and medium business, large corporate and institutional client base, businessONLINE is a comprehensive digital global cash management ecosystem with trade, treasury, virtual accounting, collections and liquidity management functionality on one user-friendly platform. The omni-channel platform is also available as a Mobile Banking App offering businesses offering remote access to their accounts.
As a leading Islamic bank in the UAE and a key supporter of the leadership’s vision to make the UAE a global hub for Islamic banking, Emirates Islamic’s businessONLINE responds to the urgent demand among regional businesses for anytime, anywhere visibility as the COVID-19 pandemic accelerates digital transformation across all sectors. Existing smartBUSINESS clients will be able to avail and benefit from new businessONLINE platform.
businessONLINE enables UAE companies to seamlessly undertake cross-border transactions, access a consolidated view of their balances across regions and currencies in real time, and make the most of guidance tailored for their business needs. Co-created with comprehensive feedback from clients, businessONLINE delivers a superior user experience formulated from detailed design-thinking workshops charting customer journeys, personas and scenarios to create persona led dashboards and intuitive navigation.
Wasim Saifi, DCEO – Consumer Banking and Wealth Management at Emirates Islamic said:
“businessONLINE puts Emirates Islamic at the cutting edge of corporate and business banking. As a pioneering Islamic bank in the UAE, we are pleased to offer best-in-class digital banking innovation to our clients, irrespective of their size. We have seen a marked increase in the usage of our digital banking channels this year, and look forward to continue supporting our clients through an agile, innovative platform as they transition to doing more of their business online.”
Added Mohammed Kamran Wajid, Head of Wholesale Banking at Emirates Islamic,
“We are delighted to deliver a Shari’a compliant omni-channel platform to corporates across the UAE that offers single-window working capital management on the go, across geographies. We are sure that the new platform will provide our clients with substantial benefits in organising and managing their finances, thereby increasing their overall efficiency.”
Syed Ghazanfar Naqvi, Head of Business Banking at Emirates Islamic added,
“In addition to streamlining business operations for our small and medium business clients, businessONLINE also builds on our commitment to further digital banking innovation that supports the UAE’s smart nation agenda.”