InfoSecBulletin Cybersecurity for mankind
Abu Dhabi Islamic Bank (ADIB) has become the first bank in the UAE to offer a convenient remote account opening service for small and medium-sized enterprises (SMEs) using facial recognition technology. This new service allows businesses to open an account without having to visit a branch or submit physical documents.
To open an account, businesses simply need to download the ADIB Direct Business app and complete the application process. The app uses facial recognition technology to verify the identity of the applicant and to capture their Emirates ID and passport information.
Mysterious AI model “Ox Alpha” with free 100 trillion tokens a day for coders
After BDJobs, Directorate of Secondary and Higher Education 390k data surfaced online
Researchers show new technique to bypass AI safety guardrails in Grok and Gemini
About thousands of leaked AWS keys Held Full Admin Rights
US Bank investigates LockBit’s Data Breach Claims
Five new malware families actively targeting Asian Gov.t infra
T-Mobile Cuts Cables to Remove Chiness Salt Typhoon Hackers from Network
Splunk, Zyxel Patch Multiple Flaws Enabling RCE and Root Command Execution
“Zombie Card” attack revels expired Visa card may be used for contactless payments
Critical Zimbra RCE Flaw Actively Exploited in the Wild
The app also uses OCR and NFC technology to validate trade licenses and customer data. Once the application is complete, an SMS will be sent to the applicant to confirm that their account has been activated.
ALSO READ
The launch of this new service is part of ADIB’s commitment to supporting SMEs with innovative digital solutions. The service is available to businesses with a Dubai mainland license and will be extended to businesses in Abu Dhabi in the coming months.
ADIB is a leading digital bank in the UAE. The bank has a strong focus on innovation and has been at the forefront of the adoption of new technologies in the banking industry. The launch of this new service is a further demonstration of ADIB’s commitment to providing its customers with the best possible banking experience.
Here are some of the benefits of the new service:
- Convenience: Businesses can open an account from the comfort of their own homes or offices.
- Speed: The entire process can be completed in minutes.
- Security: The use of facial recognition technology and other security measures ensures that the account opening process is secure.
ADIB is a leading digital bank in the UAE and the launch of this new service is a further demonstration of the bank’s commitment to providing its customers with the best possible banking experience.
