MIB’s ‘Apply Now’ portal receives international award

Maldives Islamic Bank (MIB)’s portal ‘Apply Now’ has received an international award.

‘Apply Now’ was honored with the ‘Most Innovative Digital Onboarding Rollout’ at the Global Fintech International Awards held in India’s Mumbai last Friday.

MIB won the award bestowed by IMBSi after competing against several banks from the Middle East and Asia.

The ‘Apply Now’ portal is the only online platform in the Maldives that offers instant account opening services for both individuals and businesses. Apart from this, all other services offered by MIB are also available to customers via the portal.

The portal is integrated with e-Faas to conduct verification for individual customers and utilizes the Economic Ministry’s portal to conduct verification for businesses.

MIB’s PR Officer Hassan Jameel said the portal was developed by an all-Maldivian team and thus, winning the award highlights the skills of Maldivian developers at the global stage.

MIB has been introducing various innovations to the Maldives in the field of banking with the bank recently rolling out ‘FaisaWear’, a range of rings that are wearable payment devices.