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Mashreq Bank, a leading financial institution in the United Arab Emirates, has tapped Diebold Nixdorf to streamline in-branch cash cycle management with the implementation of teller automation technology at selected UAE branches.
In combination with multivendor software, the cash recycling systems help to streamline operations, increase cash security and enhance the consumer experience through expedited service, a company press release said.
"The implementation of the teller technology and software is strategically designed to facilitate and cater to both our operational efficiency requirements as well as an improved consumer experience," Aref Al Ramli, head of digital banking and innovation at Mashreq Bank, said in the release.
"Diebold Nixdorf's quick and seamless implementation across our branches helped us take an immediate step forward in line with our mission to make banking a personalized, convenient and secure experience for customers."
Mashreq, one of the oldest financial institutions in the UAE, is working on a novel human resource (HR) strategy to suit the requirements of its ongoing digital transformation, Ashfaq Bandey, vice-pr
Mashreq Bank launched its ‘Cashback Campaign’ for business banking clients, with the aim of rewarding entrepreneurs for growing their deposit balances. From July 1 until September 30, 2018, Mashreq’s
Mashreq has posted first-half 2018 net profit of Dh1.2 billion up 5.2 per cent compared to Dh1.1 billion in the same period in 2017. For the second quarter of this year the bank reported a net profit
Bahrain’s Investcorp slipped into a $165 million loss for the 12 months ended June 30, against profits of $131 million a year ago.
The COVID-19 played its part in the loss, as fee income c
Aramex, a leading provider of logistics and transportation solutions, has registered a 4 per cent growth in its revenues for the second quarter which surged to hit AED1.32 billion ($359 million), com
Abu Dhabi based investment company Waha Capital recorded a net loss of Dh27.2 million - attributable to shareholders - for the first six months of 2020, an improvement on the Dh124.38 million it rec
First Abu Dhabi Bank (FAB), recently announced the issuance of the largest-ever Chinese Yuan (CNH) denominated dual-listed Formosa bond globally, with a CNH 3.25 billion five-year issuance.
The Gulf Today
UAE's leading telecom services operator Etisalat Group has announced that the interim dividend of 15 fils per share for the second quarter will be paid out starting from August 11 through the First A