GulfBase Live Support
Leave a message and our representative will contact you soon
12/03/2018 07:57 AST
Riyad Bank is one of the largest financial institutions in Saudi Arabia and a leading bank in the Middle East. Now, with Gemalto, a world leader in digital security, Riyad Bank, is launching the country’s first ever range of contactless payment wristbands.
Fitted with Gemalto’s proven contactless MiniTag, the bracelets are linked to the user’s existing debit or credit account and offer the freedom to make swift ‘tap and go’ payments with their wearables. Along with the bracelets Riyad Bank has also launched Gemalto’s contactless sticker which can be fixed to the back of any cell phone to turn it into a secure contactless payment device.
Reflecting the strong appeal of innovative contactless form factors among younger customers, Riyad Bank will be also serving millennials with bracelets that will be linked to prepaid accounts to enable secure cashless payments at restaurants and other outlets across the country.
“The launch of Saudi Arabia’s first ever contactless payment wristband is the latest example of our commitment to an enhanced and distinctive customer experience,” said Riyadh Al-Zahrani, executive vice president head of retail banking division, for Riyad Bank. “It also represents another milestone in our collaboration with Gemalto that supports our vision for innovation in order to better serve our customers.”
“Right across the Middle East, a new generation of consumers is looking for banking solutions that can help facilitate their busy, on-the-go lifestyles,” said Nassir Ghrous, senior vice president banking & payments for CISMEA at Gemalto. “Riyad Bank has led the way in introducing Saudi Arabia to the benefits of contactless, and the new Gemalto payment bracelets once again put it at the forefront of this banking innovation.”
Saudi Gazette
13/02/2018
Riyad Bank, Saudi Arabia’s fourth-largest lender by assets, posted a huge rise in fourth-quarter net profit on Tuesday, beating analysts’ forecasts, boosted by an easing of impairment charges for cre
Reuters
25/01/2018
Riyad REIT announces its intention to establish a sukuk program with a targeted size of one billion Saudi Riyal through a serires of tranches.
Riyad REIT is the first REIT to issue Sukuk p
Tadawul
25/12/2017
Riyad Bank announces the decision of its Board of Directors on its meeting held today on 25-12- 2017 appointing Mr. Gamal AbdulKareem Al Ramah (Independent member) as Vice-Chairman of the Board, unti
Tadawul
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
Ticker | Price | Change |
---|---|---|
FAB | 11.95 | 0.20 (1.70 |
NCB | 64.98 | 0.35 (0.54 |
RJHI | 76.03 | 0.78 (1.03 |
EMIRATESNBD | 10.65 | 0.05 (0.47 |
SAMBA | 26.98 | 0.59 (2.23 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News