Baghdad, Iraq – September 01, 2024 – Ashur Bank, one of the leading private banks in Iraq, has announced the launch of its digital banking services, Ashur Konnekt, that offer a range of exciting features and benefits to its customers. The service is powered by Xpert Digital (XD), a leading digital transformation company, with Temenos Digital.
This collaboration between Ashur Bank, Xpert Digital, and Temenos signifies a commitment to delivering unparalleled convenience, accessibility, and functionality to users, setting a new standard for banking services in Iraq.
The digital banking service is available on both mobile and web channels, allowing customers to access their accounts, transfer money, manage their cards and cheque books, request new products, and more. Ashur Bank’s customers can now enjoy unparalleled digital banking convenience at their fingertips.
The launch of the digital banking service is part of Ashur Bank’s vision to become a leading digital bank in Iraq, and to provide innovative and convenient banking services to its customers. The service also aims to support the financial inclusion and economic development of Iraq, by enabling more people to access banking services digitally.
The launch of Ashur Konnekt marks a new era of banking for Iraq. Partnering with Xpert Digital, we've engineered a platform that's not only user-friendly but also robust & secure. By integrating advanced digital banking solutions, we are not just upgrading our services but transforming the way our customers bank in this digital era.
Mr. Bashar Al-otaibi
Head of Digital Transformation, Ashur Bank.
We congratulate Ashur Bank on the launch of their digital bank, which is built using Temenos Digital and implemented by our delivery partner, Xpert Digital. We believe the launch of Ashur Konnekt is a testament to the power of digital innovation to enhance customer experiences and contribute to a more inclusive and prosperous community.
Mr. Lee Allcorn
Managing Director - Middle East & Africa, Temenos.
I would like to congratulate Ashur Bank on the successful launch of Ashur Konnekt, a state-of-the-art digital banking app. This successful implementation of cutting-edge digital banking services is a breakthrough for the Iraqi banking industry. We have applied our extensive expertise in digital banking to provide a holistic and tailored solution for Ashur Bank, using the robust Temenos Digital platform. We are confident that Ashur Bank will continue to thrive in today's digital-first environment, delivering unparalleled value to its customers.
Shazia Hammad
CEO, Xpert Digital.
The launch of Ashur’s digital bank, Ashur Konnekt, marks a significant milestone for Iraq’s banking landscape. Xpert Digital has leveraged its digital banking capabilities to develop this world-class digital bank that offers a convenient, intuitive, and hassle-free digital experience. We believe that Ashur Bank's customers will enjoy the ease of use and the wealth of features available in the most innovative digital banking app.
Mr. Saad Lakhani
CDO, Xpert Digital.
About Xpert Digital (XD)
Xpert Digital (XD) is an ISO-certified, award-winning digital banking and digital lending implementation partner for global banks. With a proven track record of serving over 100 million users worldwide, XD has successfully implemented digital solutions for over 40 top-tier banks across 22 countries. XD takes pride in having a dedicated team of 200+ expert digital banking consultants, possessing deep expertise in Retail, Corporate, SME and Digital Lending solutions.
XD’s innovative and modern delivery methodology, digitalworkx©, is a proprietary and pre-built accelerator factory, designed to streamline the digital transformation process. This unique delivery methodology reduces risk, accelerates time-to-market by 50%, and ensures a seamless transition to a digital-first banking model.
With well-established Global Centers of Excellence (COEs), XD offers on-site and offshore solutions to its global clientele through a 220+ team, operating from its headquarters in Dubai, UAE with regional offices in Muscat, Johannesburg, Karachi, Addis Ababa, Jakarta, Singapore, and Sydney.
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About Ashur Bank
Ashur International Bank is a leading commercial bank based in Iraq that offers a range of banking products and services to individuals, corporations, and entities. With its commitment to providing safe, reliable, and innovative banking services, Ashur International Bank has grown to become a leading financial institution in the region. The bank has a strong presence in major cities such as Baghdad, Erbil, Basra, and Sulaymaniyah, with a total of 30 branches and 120+ ATMs. Ashur International Bank’s mission is to provide safe and dependable banking services to its customers.
To find out more about Ashur International Bank,
please visit www.ashurbank.iq
About Temenos
Temenos (SIX: TEMN) is the world’s leading open platform for composable banking, serving clients by helping them build new banking services and state-of-the-art customer experiences. Top performing banks using Temenos software achieve cost-income ratios almost half the industry average and returns on equity 2X the industry average. Their IT spend on growth and innovation is also 2X the industry average.
For more information, please visit www.temenos.com
