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Rashad Al Shaikh appointed OAB s head of retail banking division

Rashad Al Shaikh appointed OAB s head of retail banking division By: Times News Service Muscat: Oman Arab Bank (OAB) announced the appointment of Rashad Al Shaikh as Head of Retail Banking Division at OAB, after being the acting head of the division, as of last year. The management’s decision stems from the various successes achieved by Rashad in the last period, especially concerning the acceleration of the digital retail banking strategy. Commenting on the appointment decision, Rashad Al Musafir, CEO of OAB said, “Rashad Al Shaikh has extensive experience in retail banking. He also has a future vision for the mechanism of developing these services in line with the bank’s strategy to enhance innovation in new solutions that we offer to the market. During the last few months, Rashad led the division’s efforts, while he was Acting Head, and proved his presence in the development of digital solutions, which were launched by OAB for the first time in the local market. He pla

NNTC and Smart Engines implement digital onboarding at Oman Arab Bank

External | what does this mean? This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. NNTC and Smart Engines implement digital onboarding at Oman Arab Bank 10 February 2021 Source: Smart Engines NNTC, a UAE-based software developer and solutions provider, today announced the successful implementation of its biometric user onboarding module with Smart Engines s identity documents recognition technology at Oman Arab Bank (OAB), a pioneer in the local banking sector. NNTC s AI-powered module, iFalcon KYC Control, facilitates swift, frictionless and secure digital customer onboarding. Any Omani citizen or resident can now open an account through the OAB Online App in under five minutes without needing to visit a branch office, fill out tedious reams of paperwork, wait in long queues or experience delayed onboarding times.

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