Earnings Report and Digital Strategy Update
Digital strategy and innovation initiatives are catalysts for growth
Technology
Digital
Transformation
•
Customer
Investments in upgrading
IT architecture
Infrastructure as a Service:
Information
adopting Cloud on premises
and external
API-based Platform
ecosystem
Data as a Service: big data
platform and global metadata
libraries
Leverage Robotics Process
Automations and Al to
automate IT operations
Global IT Operations 24x7
Strong focus on Cybersecurity
and Data Protection
ArabiConnect
Experience
Innovation
Financial Services Digital Strategy
•
Customer centric design -
frictionless digital customer
journey
Personalized products and
services
Digital beyond banking with
digital partners integrated in AB
product offering
•
Merchant partnership
ecosystem at POS and
eCommerce checkout
Enablers:
•
API/ Open banking
.
Advanced analytics and Al
•
Blockchain
Smart Branches
Kiosks
Arabi Mobile
عربي
موبايل
Arabi Mobicash
Arabi Pay
P
Arabi
MobiCash
البناء الفريق
Innovation initiatives
.
AB iHub - R&D centre to explore, educate and
experiment with Startups. Intrapreneur
program to implement digital staff ideas
AB Accelerator - adapting and scaling Fintech
solutions for Arab Bank
ABVentures - $30mm Corporate VC fund
focusing mainly on Fintech to augment AB
access to global innovation
Acabes Fintech company
Marketplace
Arabie mart
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