Kuwait’s Al-Tijari Partners with Network Intl for New Digital Leap

In a move that promises to reshape the digital banking landscape in Kuwait, The Commercial Bank of Kuwait (Al-Tijari) has forged a strategic partnership with Network International, the leading enabler of digital commerce across the Middle East and Africa (MEA) region. This collaboration will significantly enhance Al-Tijari’s ongoing digital transformation and payment innovation initiatives, heralding a new era of progressive and innovative digital banking experiences for its customers.

A Historic Milestone for Al-Tijari

As one of Kuwait’s most esteemed financial institutions, Al-Tijari boasts a rich history of innovation and excellence in banking services that positions it among international banking standards. The partnership with Network International reaffirms its industry leadership and signifies an unwavering commitment to its valued customers.

The Key Collaborative Initiatives

Al-Tijari’s collaboration with Network International promises to usher cutting-edge technologies and expertise in end-to-end issuer processing capabilities. Some of the critical areas of focus include:

1. Fraud Detection and Prevention: Al-Tijari will leverage the Network’s expertise to enhance its fraud detection and prevention mechanisms, ensuring the utmost security for its customers’ digital transactions.
2. Tokenisation: The partnership aims to revolutionise tokenisation, making digital payments more secure and convenient for Al-Tijari’s customer base.
3. Cardholder Self-Serve Application: Al-Tijari’s customers will benefit from a user-friendly and intuitive self-serve application, allowing them to manage their card-related services seamlessly.
4. Advanced Authentication: Al-Tijari will implement advanced authentication methods, adding an extra layer of security to digital transactions.
5. Instant Issuance: With Network International’s support, Al-Tijari will provide instant card issuance, ensuring quick and hassle-free access to banking services.

Al-Tijari: Vision

Abdulaziz Al Zaabi, General Manager of the Retail Banking Division at Commercial Bank of Kuwait, emphasises its aspiration to provide its customers with agile, secure, and innovative services that surpass their expectations. This partnership represents a substantial advancement in Kuwait’s digital banking sector, solidifying Al-Tijari’s dedication to offering innovative financial services in the region.

Network International’s Expertise

Network International, as the Middle East and Africa’s largest digital payments company, brings a wealth of knowledge and experience to the partnership. Nandan Mer, Group Chief Executive Officer of Network International, expressed his honour in collaborating with Al-Tijari, a respected leader in Kuwait’s banking sector. He highlighted their commitment to delivering innovative digital payment solutions to Al-Tijari’s growing customer base, aligning with the Kuwaiti market’s unprecedented digital payment adoption trend.

Supporting Kuwait’s Digital Transformation

Kuwait’s financial landscape is undergoing a significant transformation, primarily driven by the growing adoption of digital payments. This partnership between Al-Tijari and Network International is poised to play a pivotal role in supporting this transformation, ensuring Kuwait’s journey towards digital excellence.

Aligning Visions for Financial Inclusion

Network International’s local and regional expertise in digital payments and financial inclusion aligns seamlessly with Al-Tijari’s vision. Together, these institutions are set to offer innovative financial services that cater to the diverse needs of Kuwait’s banking clientele.

Al-Tijari and Network International

The Commercial Bank of Kuwait (Al-Tijari) and Network International collaboration marks a historic moment in Kuwait’s banking history. As the Kuwaiti market evolves rapidly, this partnership positions Al-Tijari as a frontrunner in delivering cutting-edge digital banking experiences while solidifying Network International’s reputation as a trusted partner for financial institutions across the MEA region. Together, they are paving the way for a digital banking revolution in Kuwait, driven by innovation and customer-centricity.