Gulf Bank selects Avaya to guide its CX transformation

By William Girling
Gulf Bank, one of Kuwait’s leading banks, has announced that its customer experience and digital transformation will be assisted by US tech firm Avaya...

Gulf Bank, one of Kuwait’s leading banks, has announced that its customer experience and digital transformation will be assisted by US tech firm Avaya.

The bank currently manages KD9bn (US$20bn) in assets and operates from a network of 52 branches and 300 ATMs. It is regionally well-known for offering a wide variety of services, including both consumer and wholesale banking, treasury and financial services.

Basing its transformation efforts on Avaya’s OneCloud CCaaS (communications platform as a service) product, Gulf Bank is not only meeting the expectations of its customers for a digitally driven experience, but also enabling flexible work environments for its employees.

Meeting the new market reality

The two companies’ association began at the height of the COVID-19 pandemic, with Avaya providing “remote agent licenses” that allowed Gulf Bank’s operations to continue unabated and without jeopardising the health of its staff.

“We had planned to adopt a wide-ranging digital transformation plan with Avaya earlier in the year, but our priorities shifted when COVID-19 hit,” said Mohammed Al-Qattan, General Manager of Consumer Banking at Gulf Bank.

“As our customer demands evolve, we are confident we have the right technology partner to continue delivering stand-out experiences across an increasingly broad range of touchpoints.”

Both parties are now set to build on the bank’s burgeoning digital infrastructure by layering open banking platforms to create a “multi-experience journey” for customers. As conceived, the changes would grant greater security, more convenience and a smoother overall experience.

“We are proud to have supported Gulf Bank, one of the region’s standout financial institutions, as it met the challenges of the pandemic,” added Faten Halabi, Regional Sales Lead at Avaya.

“For 60 years, Gulf Bank has evolved and transformed to meet the needs of its customers, and we look forward to enabling that transformation well into the future.”

Image credit: Gulf Bank

Share

Featured Articles

Onfido acquires digital ID verification pioneer Airside

Onfido is targeting financial services with the acquisition of Airside, a digital ID verification company that until now has focused on the travel sector

Ripple targeting crypto custody with $250mn deal for Metaco

Ripple is acquiring crypto custody specialists Metaco in a deal worth US$250mn, as it continues to target institutional uptake of digital assets

Top 10 Chief Financial Officers (CFOs) at Fintech Companies

We've picked out the oft-overlooked CFOs and chief financial officers at some of the largest fintech companies in 2023

ClearBank CEO on the state of banking and plans for growth

Banking

Interview: EY on the state of banking and M&A post-SVB

Banking

How emerging markets will reshape the future global economy

Financial Services (FinServ)