MANAMA: A new end-to-end digital service launched by Bahrain Islamic Bank (BisB) allows proprietorships and sijili holders to open and operate a corporate account using facial recognition.
Offered through the bank’s corporate mobile application, BisB Corporate Digital, the service completely eliminates the need of physical branch visits.
“This digital innovation goes beyond creating an improved experience for the bank’s corporate customers by offering increased convenience through a simplified process and shorter time-frame,” said BisB’s corporate and institutional banking chief Wesam Baqer.
“This service will revolutionise finances for corporations in Bahrain, because we can better cater to more diverse segments in a far more holistic manner, for the likes of aspiring entrepreneurs and start-up businesses, or Instagram-based businesses.
“Combined with the power of being able to register for a commercial registration (CR) via the virtual system, Sijili, this simplifies the process for any business that wants to start a new business in Bahrain, further contributing towards the growth of the kingdom’s budding entrepreneurial ecosystem,” he added.
The bank said it has built in the highest level of security, and customers are required to upload a copy of their identity card (CPR) once they sign up, using facial recognition as an added level of authentication.
After they are verified, customers can immediately apply for any of BisB’s corporate products and services including debit and prepaid credit cards.
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