Building on its leadership in driving digital transformation across Kuwait's banking sector and the wider region, National Bank of Kuwait NBK announced the launch of its FinTech Services, an initiative aimed at accelerating Kuwait's digital transformation and strengthening its position as a regional leader in financial innovation.
The new services include Virtual IBAN VIBANs accompanied by secure Application Programming Interfaces APIs, Bin Sponsorship as well as QR Code Cash Withdrawal. These services were specifically designed to meet the needs of fintech companies and digital businesses.
Introducing these services specifically designed for licensed E-Wallet providers, ensuring secure integration and delivery of fully compliant local digital payment solutions in line with the regulations of the Central Bank of Kuwait CBK. These services enable fintech companies to seamlessly connect with NBK's trusted infrastructure, allowing them to offer safe, efficient, and compliant financial services to a broader customer base promoting financial inclusion.
