Jordan Kuwait Bank taps Codebase for digital onboarding and instant credit services
Jordan Kuwait Bank (JKB) has selected Codebase Technologies’ Digibanc platform to power its omnichannel digital onboarding service and to enable instant credit card issuance.
JKB taps Codebase for Digibanc solution
Codebase says the Digibanc platform will also support the development and launch of “future digital products, services and customer journeys”. The platform will integrate with JKB’s existing IT and core banking infrastructure, credit bureaus and National ID Database.
Haethum Buttikhi, JKB CEO, says the banking landscape has changed “significantly” in recent years, and digitalisation has played a key role in reshaping the interaction between banks and their customers.
“We believe that innovation and a digital-first strategy are key to ensuring a sustainable competitive advantage in the market,” Buttikhi adds.
According to the Central Bank of Jordan, the country has seen its financial inclusion rate jump from 33% to 43% in recent years. Adopting digital-first solutions is key if Jordan is to continue to bridge the financial inclusion gap.
