Mosul Financial institution selects CR2’s BankWorld to step up digital banking providers in Iraq

Mosul Financial institution selects CR2’s BankWorld to step up digital banking providers in Iraq

By Leandra Monteiro

Mosul Financial institution has chosen CR2, one of many world’s main software program distributors within the digital banking and funds market, to speed up its digital banking transformation technique within the Iraqi market.

This newest win for CR2 will see Mosul Financial institution providing a extra superior digital banking service to the Iraqi retail and company banking market, throughout each cellular and web entry factors. New and present clients can anticipate to take pleasure in a extra enhanced digital expertise with an interesting UX, digital onboarding, simple funds and an array of banking and private assist providers that meets the calls for of right now’s digital buyer.

Constructed upon CR2’s extremely configurable and versatile platform – BankWorld – Mosul Financial institution will roll out a variety of off-the-shelf performance and may additional drive native innovation with the power to simply design and launch new services to fulfill native necessities. Providing a market main digital service will drive digital adoption of their present base, entice new clients and higher serve their increasing company/SME buyer section.

Munaf Salim, Chief Info Officer of Mosul Financial institution commented, “Mosul Financial institution has signed a definitive settlement with CR2 that can assist our ambition in turning into the market chief within the Iraqi Banking business.

CR2’s BankWorld platform permits us to carve out a brand new digital expertise in Iraq that has not been seen on this market earlier than. The capabilities of CR2’s platform will drive our digital adoption base, cut back the price of buyer onboarding, present extra complete digital providers to our retail and company clients and general provide a extra enhanced consumer expertise that meets the rising calls for of right now’s digital clients with digital transformation all through the monetary providers sector.”

Chief Govt of CR2, Fintan Byrne, added, “CR2 are very happy to have been chosen by Mosul Financial institution and are proud to assist them lead digital banking transformation in Iraq. We’re supporting a rising variety of banks throughout the Center East area and Iraq, like different international locations within the area, represents a market the place there’s a actual sense of urgency for banks to advance their digital choices to compete and stay related within the face of intensifying competitors. Succeeding requires innovation, adaptability and choosing an appropriate software program vendor who shares their imaginative and prescient and ambition.”