The Central Bank directs banks to provide their services via mobile phone
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The Central Bank directs banks to provide their services via mobile phone
The Central Bank directs banks to provide their services via mobile phone
30/09/2019

30/09/2019

Economy News _ Baghdad
The Central Bank, on Monday, directed banks to provide their services via mobile.
The Central Bank said in a statement received "Economy News" a copy of it, that "in the light of the strategy of the Central Bank of Iraq to achieve financial inclusion, and improve digital banking services, and modern technologies, to ensure easy access to those services provided to different segments of society, and this bank directed all licensed banks to provide a service "Mobile Banking application, which ensures the facilitation of banking services to beneficiaries, and ensure the availability of protection and confidentiality systems for them."
"It will be implemented within a specified period of time from the date of issuance of instructions from this bank," he said.
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The Central Bank directs banks to provide their services via mobile phone
The Central Bank directs banks to provide their services via mobile phone
September 30, 2019

In light of the strategy of the Central Bank of Iraq to achieve financial inclusion, and improve digital banking services, and modern technologies, to ensure easy access to those services provided to different segments of society, this bank directed all licensed banks to provide mobile phone application service (Mobile Banking) , which ensures the facilitation of banking service And ensure the availability of protection and confidentiality systems for them, to be implemented within a specified period of time from the date of issuance of instructions from this bank.
Central Bank of Iraq
information Office
30 September 2019
https://cbi.iq/news/view/1301
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Towards electronic banking
[size=36][rtl]Towards electronic banking[/rtl][/size]
Wednesday 02 October 2019

Wednesday 02 October 2019

Dr.. In the name of Brahimi
A very important step announced by the Central Bank of Iraq within the framework of reaching the goal of financial inclusion and related to banking services via the mobile application, in order to improve digital banking services and rely on modern technologies to ensure easy access to services provided to all segments of society, and this step can achieve Good results, especially if we know that the number of mobile subscriptions in Iraq is (36.4) million lines, the number of mobile owners is (34.3) million, the number of households that have a computer is five million and the number of individuals who are connected to the internet is ( 28.5 million Dr..
The above-mentioned statistics confirm that cyberspace is an important outlet through which banking services can be delivered and thus is an opportunity to bridge the relationship between the banking sector and the public and strengthen that relationship in a way that reflects positively on banking and financial transactions.
Which can create employment opportunities resulting from the spread of electronic banking, which is rapidly evolving internationally by taking advantage of the advances in computer engineering and communications and the communication achieved through the virtual world on Network Web.
The services proposed by the Central Bank include the possibility of transferring funds between banks via mobile phones, accessing customer account details and balances, details of services, loans, products and bank pricing, access to ATMs and branches of the bank.
The importance of the availability of fraud prevention systems to control and control access to the application, and this is an important topic for To protect the accounts of customers and the confidentiality and security of their financial operations, which also involve the reputation of banks.
Iraqi banks today in front of an important step requires preparation for it well and is a challenge to the extent of its ability to enhance confidence by the public, as well as being a real opportunity to compete in the provision of better services, hoping to be a success ally.
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