Abu Dhabi Islamic Bank to modernize digital payment services
Friday, 05 21 2021, Category: Islamic Insurance, Country: U.A.E
Abu Dhabi Islamic Bank, has partnered with “FIS”, the leading global provider of technology solutions, to modernize digital payment services and provide instant payment service to its customers.
Abu Dhabi Islamic Bank aims through this step to expand and simplify the range of payment services it provides, through the open payment framework (Open Payment Framework) from «FIS», which is an innovative infrastructure for payments. An open payment range would standardize payments in Abu Dhabi Islamic Bank, making it easy to process payments end-to-end, while reducing payment processing costs, straight-through processing optimization, and compliance with changing regulatory requirements. The open payment domain will support all of the payment services and systems it provides Abu Dhabi Islamic Bank.