Innovative Personalised Banking: Finshape and ANB Lead the Way
In an exciting development in personalised banking, Finshape, a leading fintech solutions provider with a 30+ year legacy, has forged a strategic partnership with Arab National Bank (ANB), a major player and an innovation pioneer in the Saudi Arabian financial landscape. This collaboration marks a significant milestone in the banking industry, as it aims to deliver customised banking experiences tailored to the unique needs of its customers.
The Power of Personalisation and Data Analytics
At the heart of this collaboration is the ambition to leverage cutting-edge technology, personalisation, and data analytics to enhance ANB’s banking services, ensuring that they are finely tuned to meet the diverse requirements of their clients. Finshape’s latest offering, the “Money Stories” format, is one of the standout features to be integrated. This innovative tool categorises spending and provides financial forecasts, empowering customers to stay ahead of their finances. Concurrently, the bank can communicate relevant and connecting offers to its customers. This forward-looking approach underlines ANB’s commitment to staying at the forefront of the ever-evolving financial landscape, ensuring that customers receive tailored solutions aligned with their financial aspirations.
József Nyíri, Chief Growth Officer at Finshape, expressed his enthusiasm about this collaboration, stating, “We’re honoured to collaborate with the Arab National Bank. This collaboration reflects our commitment to accelerating innovation and customer-centricity in the Middle Eastern banking scene. Together with ANB, we aim to transform how customers manage their finances, providing them with tailored solutions that empower them to reach their financial aspirations.“
Embracing Technological Disruption
The financial services industry is experiencing profound disruption, with data-driven insights and artificial intelligence leading the way.Mohamed Hussein, Regional Sales Lead of Finshape, highlighted this transformation: “We are witnessing a profound disruption in financial services, leveraging data-driven insights and artificial intelligence. It is truly exciting to be part of this transformative journey with Arab National Bank as we collectively elevate the customer experience to unprecedented levels.“
Finshape and ANB share a common vision of empowering customers with personalised financial tools and services that make banking more efficient and help individuals achieve their financial goals. This collaboration will focus on data-driven insights, sales strategies, and personal financial management to create customised solutions that adapt to each customer’s unique preferences and needs, ultimately boosting customer engagement.
Setting a New Standard in Personalised Banking
Aiedh Al-Zahrani, Chief Operating Officer at Arab National Bank, highlighted the significance of this partnership, stating, “This strategic collaboration epitomises our unwavering commitment to fostering innovation and prioritising customer-centric solutions. By joining forces with Finshape, we are primed to spearhead a groundbreaking transformation in our clients’ banking experience, streamlining it with enhanced ease and personalised services, ultimately empowering them to fulfil their financial aspirations.“
Furthermore, these pioneering efforts, including integrating a social media story-like format within ANB’s banking app, are set to mark a significant milestone in Saudi Arabia’s financial landscape, setting a precedent for engaging and educational digital interactions.
Conclusion: A Bright Future for Banking in Saudi Arabia
In conclusion, the collaboration between Finshape and Arab National Bank represents a bold step towards revolutionising personalised banking in Saudi Arabia. With a shared commitment to innovation, data-driven insights, and customer-centric solutions, this partnership is poised to redefine the banking experience, making it more efficient, personalised, and engaging for customers while helping them achieve their financial dreams. As we witness this transformative journey unfold, one thing is sure – the future of banking in Saudi Arabia is looking brighter than ever.
