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Advancing Banking Services in the New Normal

The rising customer expectations are motivating UAE banks to digitalize every facet of their operations. Partnering with fintechs, banks are able to be more customer-centric and agile.

As leading banks are partnering with fintechs to enhance their customer experience to offer innovative products and services, without taking on costly infrastructure upgrades. Fintech startups benefit as they are not subject to the same regulatory scrutiny and do not have to invest in banking licenses. 

PayBy is a fintech company with a world-class payment infrastructure that provides a fast, secure, AI-powered, one-stop payment solution.

PayBy joined hands with First Abu Dhabi Bank (FAB) – the UAE’s largest bank and one of the world’s largest and safest financial institutions – to launch secure mobile payment services. Through the PayBy app, customers can easily transfer funds to others for free, regardless of their bank or devices, complete payments for purchases using a QR code, and enjoy financial services without a bank account.

Read more at The Fintech Times

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