Emirates Islamic has announced its new mobile banking app, which includes a range of new features including the ability to remit money to India in less than a minute. The launch is one of the initiatives under Emirates Islamic’s digitalisation drive to address the growing needs of digital savvy customers in the UAE, it said in a statement. The redesigned Emirate Islamic mobile banking app includes over 25 new services including the recently launched QuickRemit, a digital money transfer service that will enable customers to remit funds to India in 60 seconds at zero processing fees.
Source: Arabian Business
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0 43 days ago
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3 1693:34 AM Feb 3, 2016
IFC CEO Philippe Le Houérou writes at @financialtimes about how a new global survey finds that efforts to strengthen the global financial system against unnecessary risks, money-laundering, and terrorist funding have had unintended consequences for banks in emerging markets – specifically a decline in corresponding banking services. Companies, entrepreneurs, and people living in dire conditions now face the risk of losing access to critical financing. We must act as a unified global financial community, and support properly focused regulations that are informed by the experience of banks in emerging markets. Link in our profile.
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