August 15, 2016
National Bank of Kuwait (NBK) – Egypt has successfully implemented Temenos' Treasury Trader, a comprehensive front-to-back-office solution introduced in 2010 with Systems Limited. This system will be seamlessly integrated with the bank's Temenos Transact Core Banking system, with the implementation expertly executed by Systems Limited, a trusted regional partner of Temenos.
NBK – Egypt came into existence following the acquisition of a 51% stake in Al Watany Bank of Egypt in 2007.
The bank has been actively modernizing its technology infrastructure this year, including the recent implementation of the anti-fraud solution, FraudGuardian, provided by Swiss vendor NetGuardians.
FraudGuardian will be used to identify patterns, and audit activities and ensure compliance for automated reports.
The platform enhances protection and efficiency and integrates seamlessly with Temenos Core Banking system
COO- NBK Egypt
View the press release on Fintech Futures: https://www.fintechfutures.com/2016/08/national-bank-of-kuwait-in-egypt-goes-live-on-temenos-treasury-solution/