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September 29, 2023
Finance Technologies

Abu Dhabi Islamic Bank picks FIS Open Payment Framework

Abu Dhabi Islamic Bank (ADIB) has signed a digital services deal with FIS to provide instant payments for its customers. FIS will cover a range of payment services at ADIB The bank wants to expand and streamline its range of payment services with FIS’ Open Payment Framework (OPF). OPF will consolidate and modernize ADIB’s payment operations, facilitating “end-to-end execution across the full payment lifecycle”. The FIS system will also take on the improvement of straight-through processing (STP) and regulatory compliance. “Our customers are at the heart of our operations and we are always looking for ways to enhance their banking…
Abu Dhabi Islamic Bank picks FIS Open Payment Framework

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