Mosul Bank transforms banking in Iraq with CR2’s BankWorld Platform

Dublin, Ireland, 5th March, 2024: CR2 are delighted to announce the successful launch of Mosul Bank’s Digital Banking platform. This new implementation will transform digital banking services across the Iraqi market.

Mosul Bank now offers a secure, enhanced digital banking experience to both the Retail and Business customers, accessible through the mobile channel. The platform delivers advanced functionalities, including an engaging user experience, efficient digital onboarding, simple payment processes, and a comprehensive range of banking services tailored to meet customer needs.

Customers can easily perform payments, manage their accounts, and access various banking services directly from their smartphones anytime and anywhere.

Built on CR2’s flexible BankWorld platform, Mosul Bank now has the ability to quickly introduce new products and services that meet the specific needs of the local market, in addition to the implementation of off-the-shelf functionalities. This ensures that Mosul Bank leads in digital transformation, increases digital engagement with existing customers, attracts new customers, and digitally enables their SME customers.

Fintan Byrne, CEO of CR2, commented, “With growing demand for digital banking solutions driven by both customer expectations and continued focus from Central Banks, it’s crucial that all banks continuously innovate and develop. CR2 empowers banks across the Middle East, like Mosul Bank, with innovative, secure digital solutions. The successful launch of Mosul Bank’s mobile solution underscores our commitment to expanding our digital banking footprint in Iraq.

 

About CR2

CR2 is a leader in digital banking and payments. The business powers over 90 successful bank implementations in more than 50 countries across the world. BankWorld, their core digital banking and payments platform, offers the broadest capabilities in market and uniquely integrates their Digital Banking, Digital Wallet and Payments Hub (Card Issuing, ATM Driving, Merchant Acceptance). In addition, CR2’s Partner Ecosystem combines the confidence of BankWorld with access to easy plug-in, third-party Fintech innovations.

In simple terms, CR2 helps financial service providers to build around consumers with technology that supports both customer experience and an ability to deliver consistently.

If you think financial services cannot innovate quickly, THINK again.

For more information, please visit www.cr2.com

 

Media Contacts:

Zeina Abu Saada – Product Marketing Manager, CR2 zeina.abusaada@cr2.com