BisB Witnesses a Positive Surge in New Customers via “Selfie” Mobile Account Opening

Recently, BisB revealed during a broadcast on the Bank’s YouTube channel its latest digital milestone, announcing that customers could sign up via face ID through the BisB Digital app. In less than a month since the service was launched, the Bank witnessed an extremely positive reception from the public evidenced by the unprecedented spike in new customers that signed up via face ID authentication, each averaging a sign-up time of 5 minutes.
Starting today, for both new or existing customers, signing up for any of BisB’s services can be accomplished through the Bank’s mobile account opening service in a fully automated process without any paperwork or human interaction required. To ensure the ultimate level of security, customers are prompted to upload their IDs once they sign up using their phones’ selfie and the face ID authentication features. Once verified by the Bank, customers can immediately apply for any of BisB’s products and services such as a new credit card or financing without the need for human intervention.
“The rapid growth of digital technology gave rise to our Simplification strategy at BisB, which boils down to transforming the traditional customer experience and truly simplifying their daily lives through providing innovative solutions that facilitate their banking transactions. With this service, opening a new account or signing up for a new service has never been easier, because we’ve eliminated the hassle of visiting a branch,” said the Head of Retail Banking of BisB, Mrs. Dalal Al Qais.
Background Information
Bahrain Islamic Bank
Incorporated in 1979 as the first Islamic bank in the kingdom of Bahrain, and the fourth in the GCC. Bahrain Islamic Bank (BisB) has played a pivotal role in the development of the Islamic banking industry and the Kingdom’s economy. The Bank operates under an Islamic Retail banking licence from the Central Bank of Bahrain and is listed on the Bahrain Bourse.
At the end of 2016, the Bank’s paid up capital was BD 101 million, while total assets stood at BD 1042 million. The Bank’s modern branch network comprises 5 branches, 4 innovative financial malls, and 56 ATMs located throughout the Kingdom. A steadfast focus on continuous innovation, strong corporate governance and risk management, employee development, and the use of state of the art technology to deliver superior customer service, has cemented Bahrain Islamic Bank’s position as the leading Sharia’a – compliant bank in the Kingdom.