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Wain Bank CEO Foresees Digital Service Launch in late 2026
Moataz Mutawe, CEO of Wans Bank, clarified that digital banks rely on digital identity and save time for customers, with services expected to launch in the last quarter of 2026. These banks enable all banking transactions to be conducted digitally, from opening accounts to transfers and credit facilities, while analyzing customer data using artificial intelligence technologies to ensure timely service delivery. He also noted that the new regulations approved by the Central Bank of Egypt allow for electronic customer identification and verification, thereby enhancing digital transformation and ensuring data protection and cybersecurity.
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