Finance & Economics

Leading middle eastern bank announces collaboration with AWS

One of the largest banking groups in the Middle East to accelerate digital innovation using AWS

Leading middle eastern bank announces collaboration with AWS. Source:

Emirates NBD, a leading bank in the Middle East, is collaborating with AWS. The bank will utilize AWS Machine Learning, data analytics, Internet of Things (IoT), Natural Language Processing (NLP), and other advanced technologies as part of its ongoing efforts to better engage with customers and simplify banking.

With AWS, Emirates NBD will take further advantage of artificial intelligence and machine learning services including Amazon SageMaker, a fully managed machine learning service for building, training, and deploying machine learning models to provide relevant real-time banking experiences.

To create a more rewarding and customer-centric banking experience, Emirates NBD is also leveraging Amazon Personalize, an AWS machine learning service that enables the development of individualized recommendations to launch new personalized retail banking applications. One of the first of these applications is a personal finance manager that uses an automated, self-learning system to deliver a highly personalized banking experience to customers in order to predict what each individual customer needs and match this with the most appropriate solution.

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