Go-Live of Kuwait’s First Mobile Remote Check Deposit Solution
ProgressSoft Corporation and Kuwait Finance House are delighted to announce the successful go-live of Kuwait’s first Mobile Remote Check Deposit solution; a breakthrough in the region.
A pioneer financial establishment since 1977 and leader in offering high-end digital banking services that cater for customer aspirations, Kuwait Finance House (KFH) implemented the advanced solution in collaboration with ProgressSoft as part of its digitization program and endeavor to always furnish its customers with the latest payment innovations.
The successful implementation introduces a new, convenient self-service channel to KFH customers where they can simply log into the KFH mobile application, capture an image of the check using their smartphone, and have their funds directly deposited into their accounts; a first of its kind service in Kuwait and the region.
Group Chief Retail and Private Banking Officer at KFH, Mr. Waleed Khaled Mandani, noted that “KFH hugely invests in advanced digital solutions that enables its customers to use the latest innovative banking solutions to execute their transactions and achieve their long-term goals. By its continued expansion of easy-to-use solutions, KFH succeeded in empowering its customers with high-standard products and services, unblocking new business opportunities.”
ProgressSoft is honored to take part in KFH’s digital transformation endeavor and is delighted to be celebrating this success story and breakthrough in the region.