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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."
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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
Amid an ongoing restructuring, Dubai-listed retailer Marka has seen its losses narrow in the second quarter, while also seeing its revenue slip. The company did manage, however, to post a gross profi
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Nakheel, a leading global developer, said it has registered a net profit of Dh2.51 billion ($683 million) for the first six months of the year compared to Dh2.61 billion ($710 million) for the same p
Leading property developer Emaar has registered a revenue of Dh11.47 billion ($3.12 billion) for the first half of the year, up 46 per cent compared to Dh7.86 billion ($2.14 billion) last year led by
Leveraging its unique ability to expand value for its customers while also contributing to Saudi Vision 2030, SABIC, a global leader in the chemical industry, is investing in new applications and met