RAK Bank National Bank (RAK Bank) announced the conclusion of a strategic partnership with FaturaLab, a company providing intelligent solutions in the supply chain. This partnership allows the bank to enhance its ecosystem of digital services and optimize the processes of account management for businesses. The partnership is also aimed at the development of digital innovations in the financial services sector, which helps improve the customer experience and increase the bank's operational efficiency. Bank representatives noted that with the help of FaturaLab's technologies, they can significantly improve the account management process for businesses, making it more convenient and transparent. This way, bank customers gain access to more modern and effective financial instruments. Within the framework of the collaboration with FaturaLab, the bank will actively work on the implementation of new digital technologies, analyze the needs and requirements of its clients to create innovative products. Moreover, this partnership enables the bank to expand its capabilities in the field of digitalization of business processes and offer clients even greater convenience and functionality.
