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Al Hilal Bank first in the Middle East to use award-winning digital pen technology to optimize document-based transactions
(5 January 2012)
Device from BSTechnologies automatically converts hand-written documents to digital format

 

Al Hilal Bank, a progressive Islamic bank, is using state-of-the-art digital pens developed in the UK to revolutionize its document-based field and office operations. Al Hilal Bank has thus become the first bank in the Middle East to use this technology, perfectly complementing its strategy of using best-in-class technologies such as thumb verification, instant card issuance and digital certification to ensure the highest level of security in banking transactions and enhanced customer satisfaction. Launched in June 2008, Al-Hilal Bank prides itself in taking a progressive approach to providing its customers with accessible Shariah-compliant banking solutions.

The award-winning digital pen is currently used by Al Hilal Bank’s direct sales team as well as office staff involved in Credit Finance, Finance Operations, and Sales Coordination. The device includes a camera and a GPS that digitalize and automatically import the written documents to Al Hilal’s systems. Al Hilal personnel simply write on a specially-printed copy of a particular document with the digital pen, which automatically records the handwriting in its memory. The recorded ink is then downloaded and matched with the image of the original document. It also creates a new, exact copy of the handwritten document in PDF format, just as if it had been scanned or photocopied. The digital copy can then be easily saved, sent, archived, copied, deleted or retrieved depending on the bank’s requirements.

The digital pen technology facilitates the movement of captured customer data along with all supporting documents and photos thru secured lines to any Al Hilal branch. The bank can then process the request and swiftly reply back. By using the integrated digital system, Al Hilal Bank instantly digitizes its workflows while cutting document-related costs. The system was provided by Abu Dhabi –based BSTechnologies.

“Our digital pen –based system reflects our commitment to using technology to increase services and convenience for our customers. Al Hilal Bank intends to adopt more digital systems offered by industry leaders such as BSTechnologies in line with our efforts to tap modern tools for the convenience of our mutual customers. We shall continue to redefine and raise the standards of modern, Shariah-compliant banking,” said Mohamed Zaqout, Head of Personal Banking, Al Hilal Bank.

“We are thrilled to bring to Al Hilal Bank a cutting-edge technology that reduces client waiting time, improves the management of business workflow queues, and drives down the costs involved in forms processing. The technology is so simple and natural so it can be instantly and effortlessly used by young and old alike. Knowing how to write with a pen on a paper is enough to be able to use this technology,” added Abdullah Al Kaabi, CEO, BSTechnologies.

BSTechnologies is a part of the Bin Salem Holding Group and is a partner of Abu Dhabi –based Smart Technologies, the exclusive distributor of the digital pens used by Al Hilal Bank in the region. It provides services to various sectors including banking, health care, government, telecom as well as other enterprises that require instant and cost effective digitization of their existing paper workflows.

Al Hilal Bank is fully owned by the Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi. Al Hilal Bank currently has 21 local branches and 112 ATMs across the UAE as well as three overseas branches in Kazakhstan.

 



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