Bank Muscat launched a state-of-the-art Business to Business (B2B) Connect platform to address the dynamic business requirements of Government and corporate entities.
The B2B Connect platform launch was held at an event focusing on the future trends of transaction banking services, in the presence of Abdul Razak Ali Issa, Chief Executive, Management Team members, Government and corporate leaders. The niche B2B Connect solution is an advanced version of online banking targeted mainly at large corporates. With the B2B Connect solution, corporates can carry out payment approvals in their ERP and the information can flow to the bank for processing.
Speaking on the occasion, Tariq Atiq, DGM – International Banking & Transaction Banking, said: “Businesses have gone digital covering a wide range of activities from marketing to supply chain to finance management. This shift to digital has immense benefits for corporates and the economy, notably efficiency, cost reduction, accountability, speed and scalability.”