Banking tech sector undergoes rapid change
- 18 Apr 2023
Photo used for illustrative purpose.
Inayat-ur-Rahman, Business Editor
Customers today prefer the convenience of online and mobile banking services, and banks are investing heavily to improve their digital banking offerings.
This was stated by Ammara Masood, CEO, NdcTech, during an exclusive interview with Gulf Today, adding that one of the significant trends in the banking industry is the shift towards banking as a service (BaaS) and embedded finance models.
She pointed out that NdcTech has been a trusted partner for the banking industry in the UAE and GCC region for over 22 years. We have a strong presence in the region, serving more than 35 leading banks with our premium services.
“Our operations in KSA, UAE, and Qatar cater to a diverse range of banks, including retail, export-led, development, commercial, central, and Islamic banks.”
She mentioned that her company recently signed three new banks in UAE further cementing its reputation in the region.
“We understand the unique challenges faced by banks and leverage our deep domain expertise and knowledge of local markets to provide customized solutions & services that meet the specific needs of our clients. Our focus on innovation & quality has made us a key player in the digital transformation of the banking industry in the region, she further remarked.
Briefing about the future strategy of the company, Ms Masood said that her company has ambitious plans to expand our reach and conquer new markets, including Europe. But that’s not all - we’re also focused on deepening our expertise and services in existing markets including APAC, Middle East, and Africa. Our goal is to continue to be a trusted partner for financial institutions across the globe and deliver innovative, high-quality services that help our clients stay ahead of the curve in a rapidly changing industry.
NdcTech is the preferred partner for Banks and Financial institutions looking for innovative and cutting-edge banking services. As one of the premier IT and consulting firms, we provide mission-critical transformation services to help Banks stay ahead of the curve. Looking ahead, we are confident that we will continue to achieve new milestones and delight our customers. Our goal for 2023 is to further expand our reach in the banking and financial services industry and break any physical barriers to become a truly global company, NdcTech CEO concluded.