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UAE Business: Emirates NBD unveils NFC tech to open new accounts

Emirates NBD introduces contactless identity verification

Dubai: Emirates NBD became the first bank in the region to allow new customers to have their identity documents verified using contactless Near-Field-Communication (NFC) technology when opening a bank account via its Mobile Banking App. The bank s TruID solution uses NFC technology to read information from embedded chips in the documents and seamlessly extract data to autofill a digital account application. The customer is then prompted to take a selfie within the app to complete the process. Emirates NBD s TruID digital identity verification solution was developed as part of the bank s collaboration with fintechs VisionLabs and Smart Engines. Apple users can have their biometric passports read using the NFC technology, while Android users can avail electronic reading of both Emirates ID and their biometric passports.

Emirates NBD introduces contactless identity verification to open new accounts on mobile

Emirates NBD introduces contactless identity verification to open new accounts on mobile reporters@khaleejtimes.com Filed on January 10, 2021 Emirates NBD’s TruID digital identity verification solution was developed as part of the bank’s collaboration with fintechs VisionLabs and Smart Engines. Wam TruID digital identity verification solution leverages NFC technology; Customer identification information read electronically from Emirates ID and biometric passport Emirates NBD became the first bank in the region to allow new customers to have their identity documents verified using contactless NFC technology when opening a bank account via its mobile banking application. Suvo Sarkar, senior executive vice president and head of retail banking and wealth management, Emirates NBD said: “As a front-runner in digital banking innovation, Emirates NBD continues to leverage technology to deliver superior customer experiences. Our mobile account opening service is

Emirates NBD recognised as best retail bank in UAE

Emirates NBD recognised as best retail bank in UAE DUBAI, December 29, 2020 Emirates NBD, a leading banking group in region has won top international honours for its leadership in retail banking and digital innovation at the recently held 11th annual Retail Banker International (RBI) Asia Trailblazer Awards 2020. The bank was named Best Retail Bank in the UAE in recognition of its continued market leadership, strong customer franchise and performance excellence. Emirates NBD was also recognized for Excellence in Internet Banking in acknowledgement of the advances made in providing state-of-the-art features and a frictionless user experience to customers on the portal. In addition, the division won the Excellence in Mass Affluent Banking award for its market leading Priority Banking proposition that delivered best in class investment and financial planning solutions.

UAE Business: Emirates NBD recognised as best retail bank in UAE

UAE Business: Emirates NBD recognised as best retail bank in UAE
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