Abu Dhabi Commercial Bank makes a MoneyBuddy
Abu Dhabi Commercial Bank (ADCB) has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands’ technology.
Big spender? Now with a daily reminder
The MoneyBuddy app aims to help ADCB customers understand and manage their finances.
The bank says that Strands has a proven track of record of developing digital money management software to top-tier banks worldwide —and that’s why it was selected by ADCB.
The app allows customers to track their spending, savings goals and budgets; while giving them them predictions and cash flow breakdown.
The bank says that iOS users can log into the app through Face ID, a biometric facial recognition technology.
According to ADCB, registrations currently are doubling its initial target.
ADCB was formed in 1985 and as of 31 December 2018 employed over 5,000 people from 84 nationalities, serving retail customers and corporate clients in 49 branches.
