Banking app


Capital Bank of Jordan launches its reworked mobile banking app delivered through its ongoing partnership with Codebase Technologies.

Backed by its partner’s Digibanc platform, the bank has created an app that promotes the widget-based banking app experience.

The bank reports that using the component-based development approach to tailor multiple solutions within the platform accelerated the mobile app’s time to market significantly.

Furthermore, the open platform allowed features to be developed and integrated with the bank’s existing core banking system and IT infrastructure.

With a population of over 10 million and just over eight million active mobile connections, Jordan is a market ripe and hungry for digital services.

Furthermore, with only 27 per cent of women and 53 per cent of men having access to a bank account, there is a strong need for digital financial services in the country.

By enhancing customer engagement and acquisition through the new digital offering, Capital Bank of Jordan aims to increase its market share and drive growth across the organisation.

The launch of the revamped mobile banking experience is a milestone in the longstanding strategic technology partnership between the two companies.

Izzidin Abusalameh, group chief operating officer, Capital Bank of Jordan

“Codebase Technologies has been a longstanding and valued technology partner for us,” comments the bank’s group CEO Izzidin Abusalameh.

“The team’s in-depth knowledge of software, IT and the nuances of the banking industry have been of immense value on our journey of digitisation.”

Over the past year, both teams have collaborated on the launch of Blink, Jordan’s first neobank, which provides banking services through its smart digital platform, in addition to digital onboarding for Capital Investments – the investment arm of Capital Bank Group.

“We’re extremely proud of the new mobile app and the experience our customers will enjoy,” adds Mohammed Othman, the bank’s group chief consumer banking officer.

“The high level of personalisation and ease of use is helping us grow our customer base, improve customer retention and acquire new customers, ultimately driving revenues across our business.”



Image and article originally from thefintechtimes.com. Read the original article here.