Jordan Ahli Bank taps Thought Machine for social payments app

Jordan Ahli Bank has launched Qawn, a social payment app that revolutionizes money transfers through built-in chat capabilities. The app offers innovative financial services, allows remote account opening, integrates with a local payment switch, and operates on the Vault Core banking platform developed by Thought Machine.

Facts

  • Jordan Ahli Bank has launched Qawn, a social payment app that enables users to send and receive money through built-in chat capabilities.
  • Qawn is available for download on Android and iPhone devices, catering to both individual users and merchants.
  • The app integrates with CliQ, a local payment switch in Jordan, enabling businesses to accept payments at a reduced cost.
  • Qawn allows Jordanians to open a bank account remotely in just five minutes without visiting a branch.
  • The app operates on Vault Core, a cloud-native core banking platform developed by Thought Machine.
  • Vault Core’s Universal Product Engine empowers financial institutions to build and launch customized financial products.
  • Qawn supports Arabic and English languages, making it accessible to a diverse user base.
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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