National Bank of Kuwait in Egypt goes live on Temenos treasury solution with NdcTech

Aug 15, 2016

PRESS RELEASE

National Bank of Kuwait (NBK) – Egypt has gone Live on Temenos’ Treasury Trader.

Treasury Trader was launched in 2010 and is a front to back-office solution. It will be integrated with the Bank’s Temenos Transact Core Banking system. National Data Consultant (NdcTech), a regional partner of Temenos, carried out the implementation.

NBK – Egypt was formed by the acquisition of 51% of the shares of Al Watany Bank of Egypt in 2007.

The Bank has been undergoing a Tech revamp this year as it recently implemented Swiss Vendor NetGuardians’ anti-fraud solution FraudGuardian.

Tarek Abuelnaga

COO- NBK Egypt

The platform enhances protection and efficiency and integrates seamlessly with Temenos Core Banking system

FraudGuardian will be used to identify patterns, audit activities and ensure compliance for automated reports.

Press Release featured in Fintech Futures

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