Mala’a signed a membership agreement with Global Money Exchange to utilize Huwiya (Electronic Know Your Customer) service. This service is designed to digitally onboard customers and simplify electronic customer identity verification.
This partnership is the first of its kind for Mala’a, bringing the Money Exchange sector into its membership fold.
The agreement was signed by Mr. Bassam Al Jamali, Mala’a General Manager, and Mr. Sonam Dorji, Global Money Exchange General Manager. Through this partnership, Mala’a aims to align with the Sultanate’s vision for developing financial technology, contributing to sustainable development of the nation.
Huwiya is set to revolutionize the AML and compliance requirements in the Sultanate, by enabling members to instantly access their customers’ data through a connection with public and private databases. This platform enhances efficiency, saving both time and effort for members and their customers.
This collaboration reflects Mala’a’s commitment to empowering the credit industry with innovative tools and solutions, while also fostering the growth of Oman’s fintech sector.
Oman Credit and Financial Information Center “Mala’a” hosted a delegation from the United Arab Emirates, representing the Etihad Credit Bureau, in a visit aimed at fostering enhanced cooperation and exchanging expertise in the field of credit and financial information. Manahil Jaafar, Mala’a Acting General Manager, highlighted the importance of collaboration between credit bureaus in strengthening […]
Read articleMala’a signed a membership agreement with Ithbar, a local Omani platform that offers financial solutions and crowdfunding services, to utilize Huwiya (Electronic Know Your Customer) and Murshid (Customized Credit Report) services. The agreement aims to support Ithbar to digitally onboard customers and get customized reports tailored for the corporate’s needs. The agreement was formalized with […]
Read articleMala’a signed a membership agreement with Global Money Exchange to utilize Huwiya (Electronic Know Your Customer) service. This service is designed to digitally onboard customers and simplify electronic customer identity verification. This partnership is the first of its kind for Mala’a, bringing the Money Exchange sector into its membership fold. The agreement was signed by […]
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