The ONE application of Al Salam Bank, the first comprehensive digital financial market in the Kingdom of Bahrain, has announced that the Amazon Web Service and the link to the list of the main partners who contribute to the development and enhancement of the user experience through the application, which represents a new step towards providing innovative financial services that meet the needs of individuals with flexibility and high efficiency.
Through its advanced cloud services, Amazon Web Services will contribute to enabling the ONE application to work on an advanced digital infrastructure, ensuring smooth, safe and expandable performance. This cooperation provides the application the ability to improve the efficiency of digital banking processes, enhance safety, and support automated transactions, as well as developing smart data analysis techniques. Through these capabilities, the application will be able to provide a customized financial experience that effectively meets the needs of users, while ensuring the speed of transactions and ease of use.
For its part, the leading platform interconnection in the field of guaranteed financing and open banking services in the Middle East and North Africa provides the advanced infrastructure for open banking services for the OneE application, as it is the basis for a smooth experience in collecting bank accounts. This technology allows users to link all their bank accounts from various financial institutions within one platform, which makes it easier for them to track expenses, prepare budgets intelligently, and accurately verify the income. In addition to these advantages, a bonding technology contributes to enhancing advanced spending analyzes, giving application users a deeper vision of their financial patterns, and enables them to make more financial and efficient financial decisions.
Commenting on this partnership, Mr. Haitham Al -Haddad, General Manager of the ONE application, said: “The joining of two global companies such as Amazon Web Service and linking to the one application enhances our ability to provide an integrated and innovative digital financial experience. Dependence on advanced cloud computing services from Amazon Web Service guarantees us to provide a safe and fast -growing environment, while contributing techniques for banking services. Open to enable users to manage their money more effectively. We believe that these partnerships will contribute to upgrading the level of financial solutions provided in the Kingdom of Bahrain, in line with the vision of the application to enhance financial inclusion and digital transformation in the Kingdom.
For his part, Mr. Abdullah Al -Muayyad, founder and CEO of Trepe Company, said: “We are pleased that our technology is the driving force of the one application, which contributes to enhancing innovation in the financial services sector in Bahrain. Trepest technologies stand behind the leading financial applications in the Kingdom and reflect our position in redefining customer expectations from the experiences of the smooth open banking services. The one application has started with a strong start, where it is built with infrastructure and services technologies The open banking with a vision that enables it to take advantage of its full capabilities. Thanks to their ambitious vision, users can now reach advanced features such as spending analyzes and budgets, as well as benefit from an improved experience thanks to the collection of accounts and credit analysis – all of this is easily available within one platform. And smoothly and available to everyone than ever. “
This cooperation is an affirmation of the commitment of the OneE application to provide an integrated digital banking experience, which combines innovation, ease and transparency, through cooperation with world leading technical institutions such as Amazon Web Service and Trepez, which contributes to supporting the march of the digital transformation of the financial sector in Bahrain.
