Raqmiyat, a leading system integrator and digital enabler, and Bluering, a renowned financial technology company that delivers Credit Automation and Credit Risk solutions to the global banking and financial sector, are thrilled to announce their strategic partnership to deliver cutting-edge Digital Lending Solutions to banks across the United Arab Emirates (UAE) and the Kingdom of Saudi Arabia (KSA). This collaboration aims to revolutionize the lending landscape by leveraging innovative technology, enhanced customer experiences, and streamlined processes.
The partnership between Raqmiyat and Bluering brings together the complementary strengths of both companies. Raqmiyat’s extensive expertise in digital transformation and technology solutions, combined with Bluering’s deep understanding of financial technology and lending platforms, sets the stage for a truly transformative offering in the banking sector.
As the financial landscape continues to evolve, banks are increasingly seeking ways to improve their lending processes, enhance operational efficiency, and deliver personalized customer experiences. The collaboration between Raqmiyat and Bluering addresses these challenges head-on, enabling banks in the UAE and KSA regions to leverage advanced digital lending solutions that streamline loan origination, underwriting, and disbursement processes while minimizing risk and maximizing profitability.
The Digital Lending Solutions offered through this partnership will empower banks to make data-driven decisions, automate manual processes, and provide a seamless borrower experience. Leveraging cutting-edge technologies such as artificial intelligence, machine learning, and data analytics, banks can gain deeper insights into customer behavior, improve credit risk assessments, and expedite loan approvals. The result is a more efficient lending process that accelerates time-to-market, reduces costs, and drives customer satisfaction.
“We are excited to partner with Raqmiyat and leverage their expertise in the region,” said Mazen Ghossainy, Chief Operating Officer of Bluering. “Their deep understanding of the market and established relationships with key players will enable us to bring our digital lending solutions to a wider audience.”
“We are thrilled to partner with Bluering in bringing Digital Lending Solutions to banks in the UAE and KSA region,” said Bahaa Eddine Al Indary, General Manager at Raqmiyat. “This strategic alliance allows us to combine our strengths and expertise to deliver innovative technology solutions that will reshape the lending landscape. Together, we will empower banks to streamline their operations, enhance customer experiences, and drive business growth.”
The partnership between Raqmiyat and Bluering is a testament to their commitment to driving digital transformation and innovation within the banking sector. Together, they are ready to support banks in the UAE and KSA region in their quest to provide superior lending experiences, bolster operational efficiency, and stay ahead in an increasingly competitive landscape.
Read more on financial services:
Expansion of the Financial Markets with support of latest technology
The Expansion of Financial Markets and the pivotal part played by the Technology
Technology trends shaping the current Financial Services Arena during 2020 and its Future
