From sound-based payment system to availing insurance through smartphones to cardless payments and transactions – banks in the UAE have done a good job of innovating to keep up with today’s digital driven time.
Given that the country is a financial hub in the region and a key player in the financial sector throughout the world, this need to modernise is a necessity to stay in the game.
Speaking of innovation, Abu Dhabi Commercial Bank (ADCB) has upped its game with the launching of a new app.
Hayyak, which means ‘welcome’, is a paperless account opening app that allows customers to quickly, conveniently and securely open an account and receive their debit cards and cheque books without having to physically visit the branches and fill up forms.
Here’s how it works: UAE residents 21 years old or older just need to input basic deals on the app, scan their identification documents and upload their signature. Getting approved for a credit card is also made easy through the platform.
To celebrate its launch, customers who open a bank account using the new app will qualify for up to 250,000 touch points from the bank’s loyalty winning programme valid for use for shopping, free flights and more.
This latest offer follows ADCB’s previous innovations including app for Apple watch, Instant Loan Top-Up, VoicePass and Fingerprint Recognition on mobile banking app.