The United Arab Bank has forged a partnership with the fintech company “Loon,” based in the UAE, which specializes in enhancing AI-supported transactions and financial data analytics solutions.
This collaboration aims to elevate the bank’s mobile banking services by offering a comprehensive and exceptional banking experience focused on customer satisfaction. It will accelerate the bank’s digital transformation and reinforce its position as a leading innovation-driven institution centered on client needs.
The signing event was attended by Emre Yalcin, Head of Retail Banking at the United Arab Bank, along with Hilal Tarek Lootah and Alexander Suied, co-founders and CEOs of “Loon,” as well as several senior executives from both organizations.
By leveraging “Loon’s” technologies, the United Arab Bank will enhance and transform raw transaction data into financial insights via a user-friendly interface, providing customers with improved financial transparency and the ability to make informed financial decisions. This solution will also promote intelligent digital engagement.