Commercial Bank: Winner of the “Innovation in Digital Banking” award
05 August 2020
In recognition of its leading innovative digital services in the region, Commercial Bank is awarded The Banker Award for "Innovation in Digital Banking" in the Middle East 2020.
The Banker’s Innovation in Digital Banking Award recognizes the Bank’s excellence and innovation in financial technology, as it looks for digital initiatives led by banks that demonstrate innovation and transformation.
Commercial Bank has taken a radical transformation path through which it aims to ultimately digitize its customers’ banking journey; therefore, paving the way for faster, easier, and more convenient banking operations and day-to-day transactions.
In 2020, the Bank has demonstrated once again its ability to cope with change and invest in technology as a means to provide its customers with the majority of their banking needs through its digital channels and award-winning mobile application. Throughout the year, Commercial Bank has been the first to deliver several new and innovative digital banking services in the market such as, CB Household Worker PayCard, CB Pay, CB Pay for Merchants, etc.
Commercial Bank Bank’s Group CEO, Joseph Abraham stated: “Commercial Bank is committed to digital innovation to enhance the experience of our customers. This award reflects the strength and breadth of our best-in-class digital products and our strategy of investing in innovative technologies. We will continue to introduce new digital innovations that make banking easy, convenient and secure.”
The Bank continues to deliver secure, best-in-class digital products and services to consumers in both the wholesale and retail banking markets.
Adding a new achievement to Commercial Bank’s recent accolades and success stories, the “Innovation in Digital Banking” award is a recognition of the Bank’s remarkable innovative services and outstanding performance in the region.
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