RAKBANK is one of the Pioneer Banks to participate in UAE PASS
RAKBANK will be one of the first Banks to implement UAE Pass
UAE Pass will be integrated within the Bank’s digital onboarding process
United Arab Emirates, 22 December 2019: The National Bank of Ras Al Khaimah (RAKBANK) announced today that it is one of the pioneer Banks to sign a service agreement for UAE PASS, a National Digital Identity and Digital Signature solution for the UAE.
The UAE PASS enables customers and potential customers to identify themselves to the Bank through a smartphone-based authentication with a high level of security. This initiative is part of the digital onboarding project that the Bank is implementing, which enables customers to complete their documentation online seamlessly and securely in just a few simple clicks via UAE PASS.
Geoff Stecyk, Chief Operating Officer at RAKBANK, said:
“UAE Pass is a nationwide initiative and RAKBANK is proud to be one of the first banks to support it. The Bank is fully committed to placing its customers’ needs first and providing them with highly convenient, secure, and simple digital banking services and this agreement helps facilitate the paperwork required. RAKBANK is excited to integrate UAE PASS into its digital offerings over the coming months.”
UAE Pass is a joint initiative between Telecommunications Regulatory Authority (TRA), Abu Dhabi Digital Authority and Smart Dubai, which aims to provide a single trusted digital identity solution for service providers in the UAE, while maintaining a high level of security assurance and seamless user experience. UAE PASS is a fundamental enabler for digital transformation initiatives, and a contributor towards achieving the goals of UAE Vision 2021, UAE Centennial 2071, and sustainable development.
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