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Emirates NBD launches global digital transaction banking platform

Emirates NBD launches global digital transaction banking platform
businessONLINE aims to facilitate working capital management
Emirates NBD
EMIRATESNBD
0.29% 17.30 0.05

Dubai – Mubasher: Emirates NBD has launched a global corporate digital banking platform, 'businessONLINE', according to a press release on Wednesday.

The omnichannel platform provides a comprehensive package of cash management, trade finance, and liquidity management solutions to the bank's clients of small and medium-sized businesses, large corporations, and government institutions.

In addition, businessONLINE aims to facilitate working capital management and enable businesses to follow their financial relationships, accounts, and activities, across all their markets.

The platform also supports all operational requirements of SMEs and enables them to follow their operations and cash flow through a number of services, including accounting, sales, inventory, and purchasing.

The Senior Executive Vice President, Group Head, Corporate and Institutional Banking at Emirates NBD, Ahmed Al Qassim, said: "The platform has been built based on extensive user feedback and incorporates ERP business solutions from SAP to create an offering that truly responds to our clients working capital management requirements, in addition to supporting the UAE’s drive towards digitisation in all aspects of the business."