Al Rajhi Bank has recently launched a centralized payments platform in collaboration with Accenture, an achievement that adds to the bank's efforts in modernizing its ongoing programs by finding integrated solutions in providing comprehensive technological and digital services to businesses and the business sector.
The new payments system aims to maintain Al Rajhi Bank's leadership in the payments and remittance market in Saudi Arabia. The system will provide a unique payments and remittance solution for all the bank's payment products, which will help standardize operations and enhance operational efficiency for all payment channels. It will also enable the bank to provide superior and advanced service to customers through efficient and transparent payment processing. The new system is designed to ensure reduced risk, reduced time to market for new products, and the ability to quickly adapt to customer requirements.
Accenture's Accenture Payments solution has been designed to minimize risk and reduce the time required to bring new products to market, while being able to adapt quickly to customer requirements. <Speaking about this milestone, Waleed Al-Muqbil, Chief Operating Officer at Al Rajhi Bank, said: “We are pleased to launch the new payment services platform in collaboration with Accenture. This platform will allow us to continue to provide leading customer service, increase our operational efficiency and enhance our excellence in managing all payment channels. The launch of this platform is a major step for Al Rajhi Bank and will strengthen our leading position in the banking and financial sector in Saudi Arabia.”
Waleed Al-Muqbel, Chief Operating Officer of Al Rajhi Bank, said: "This is a major milestone for Al Rajhi Bank and will further strengthen our position in the banking and financial sector in the Kingdom of Saudi Arabia.
