Capital Bank of Jordan has launched its new mobile banking app for customers, powered by Codebase Technologies’ Digibanc platform.
Earlier this year, the two companies collaborated to launch Jordan’s first neobank “Blink” that provides banking services through its smart digital platform, in addition to digital onboarding for Capital Investments – the investment arm of Capital Bank Group.
Leveraging Codebase Technologies’ Digibanc platform, the two teams have created the first of its kind in MENA, widget- based banking app experience.
Using a component-based development approach by customising multiple market-ready solutions within the Digibanc platform accelerated the mobile app’s time to market, significantly. Furthermore, the Digibanc platform’s open and agile nature allowed features to be developed and integrated with the bank’s existing core banking system and IT infrastructure for a seamless deployment.
Hani Khalil, Group Chief Digital and Innovation Officer at Capital Bank of Jordan, said, “Codebase Technologies technical know-how and their ability to work under extreme time constraints is really impressive. Their Digibanc platform puts us in a strong position from a business and technology point of view and gives us the flexibility to innovate at scale, now and in the future.”
With a population of over 10 million and just over 8 million active mobile connections, Jordan is a market ripe and hungry for digital services. Furthermore, with only 27 percent of women and 53 percent of men having access to a bank account, there is a strong need for digital financial services in the country. By enhancing customer engagement and acquisition through the new digital offering, Capital Bank of Jordan aims to increase its market share and drive growth across the organisation.
Tamer Al Mauge, Managing Director – MENA of Codebase Technologies, said, “The recent mobile app launch is another milestone in our strategic technology partnership with Capital Bank of Jordan. We are honoured that Capital Bank of Jordan has placed their trust in us as a longstanding technology partner and chosen our Digibanc platform as their solution for multiple projects in their digitisation journey.”
