Ajman Bank has forged a strategic partnership with UAE-based fintech Lune Technologies to elevate its mobile banking app with advanced AI-driven financial tools. This collaboration aims to enhance customer financial literacy and provide greater control over personal finances, marking a significant step in the bank’s digital transformation journey. The newly integrated features include transaction data enrichment and personal finance management (PFM) capabilities, offering users detailed insights into their spending patterns, merchant recognition, and a consolidated view of income, savings, and expenses. Faizal Kundil, Head of Consumer Banking at Ajman Bank, emphasized the bank’s commitment to empowering customers with tools for smarter financial decision-making. Helal Lootah, Co-Founder and Co-CEO of Lune, hailed the integration as a milestone in redefining how individuals interact with their finances. This initiative aligns with the UAE’s broader vision of fostering a connected, data-driven financial ecosystem, reflecting a growing trend among UAE banks to leverage AI and data analytics for personalized services.
Ajman Bank taps Emirati fintech Lune to boost digital banking experience
