Credit Libanais partners with Codebase Technologies and VISA

Tuesday 15 March 2022 11:41 CET | News

Credit Libanais has partnered with VISA and Codebase Technologies to develop an omnichannel onboarding experience for customers looking to acquire virtual prepaid cards.

This initiative comes at a time when over 6 million Lebanese are struggling with utilising their debit and credit cards for purchases made abroad and online. Credit Libanais worked closely with the Lebanese Central Bank to get the approval on the first digital prepaid eKYC by a Lebanese bank, paving the way to offer the unbanked population a fully digital channel via a mobile application to instantly apply for a virtual prepaid card allowing people across Lebanon a quick and digital solution for international and online payments.

Built using Codebase Technologies’ Digibanc Suite, the solution will feature eKYC, omnichannel onboarding experiences, and enable Credit Libanais access to rapid customer acquisition and customers access to improved digital experiences. The Digibanc Suite’s modular and flexible architecture will support the necessary enterprise application interactivity requirements to ensure better communication between various Credit Libanais systems: the bank’s card management system, AML, email, and SMS gateways, in order to validate the information filled by the user.

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Keywords: partnership, eKYC, AML, virtual card
Categories: Fraud & Financial Crime
Countries: Lebanon
This article is part of category

Fraud & Financial Crime