As a preferred technology partner, Bayanat successfully finished the Central Bank of Jordan adoption of the Oracle Payroll System update project to mark another successful milestone in the Central Bank’s journey towards their ultimate Digital Transformation vision.

The Oracle Payroll update project aimed at automating payroll calculations and updating formulas in means to enhance the efficiency and accuracy of the backend process, while improving the accountability and transparency via detailed audit trails and advanced reporting systems. The project also included building more integration points and uploading historical data to guarantee operational continuity and coherence.

“CBJ has always been a pioneer in adopting latest technologies and employing global standards in the efforts of providing top of the line services to the Financial sector in Jordan.’ Said Mohammad Tahboub, CEO of Bayanat. “This accomplishment is a clear illustration of a strong partnership that was built on the Bank’s confidence in Bayanat’s corporate capacity and commitment to excellence.”

In confident steps towards excellence, and in line with their vision to become the pioneering national operator of postal and logistics services; the Saudi Post (SPL) partnered with SBM & Bayanat to implement Oracle EBS Performance Management in means to complement and fully optimize their existing Oracle HCM Solution. A move that aims at building a culture of caliber improvement and retention, with a focus on development and coaching to boost productivity, and improve efficiency of human resources.

The implementation of Oracle EBS Performance Management as part of the existing Oracle EBS provides flexible, configurable performance evaluations, automatic objective setting and seamless appraisal processes. It also introduces executives, managers, and employees with valuable and immediate insight to workforce performance progression and alignment with organizational objectives.

 “Our partnership with SBM is key to success. The Saudi Post is one of our most prestigious mutual clients, and we are proud to mark this success as a major mile stone in our Digital Transformation and Business Enablement journey.”, announced Mohammed Tahboub, CEO of Bayanat.

Bayanat, a leading Digital Transformation Solution Provider and Business Enabler, was chosen by the Saudi Post to complete this implementation for the extensive knowledge and vast expertise they bring in with years of success in the field of Oracle Cloud Fusion implementation.

In partnership with Cloud4C, Bayanat successfully completed the major cloud migration project at A.A. Turky Group of Companies (ATCO) in Saudi. Originally running their back-office operations on local Oracle EBS Suite and Oracle Database, ATCO adopted OCI for a more secure, reliable and innovative ecosystem that serves all seven ATCO entities in their vision towards being the leading integrated solutions providers to the industrial and infrastructure sectors in the Kingdom of Saudi Arabia.

Completed in less than two months, Bayanat accelerated approach extended along the entire scope of building the cloud instances for all seven entities, migrating the existing Oracle EBS applications and underlying databases to Oracle Cloud, as well as building the integration points within the systems and with on-premise applications. With OCI, ATCO are now able to drive higher performance, excellence and sustainability through lower operational cost, enhanced risk-management and greater agility.

Bayanat successfully implemented Oracle Fusion Cloud Performance Management and Goal Management Solutions at Saudi Tadawul as part of their progressive digital transformation journey. The project that aims at supporting the evolution of performance and goal management at Tadwul Group is considered a major step in their journey towards complete digitization and operational excellence through an exceptional, rewarding employee experience that lines up with the overall organizational business objectives.

An integral part of Oracle Cloud Human Capital Management, Oracle Performance Management and Oracle Goal Management provides Tadawul with a fully automated performance processes, and a comprehensive means to track and manage organizational and individual goals to closely align them with the overall talent management process across the organization. The solution also delivers valuable and immediate insight to workforce performance progression and goal alignment with organizational objectives.

Bayanat, a Certified Oracle HCM Fusion Partner, accomplished the successful implementation at Tadawul following Oracle bests practices, and building on their experienced teams’ extensive knowledge and accelerated work methodologies.

This month marks a significant announcement for the Financial Sector in Palestine. Bayanat and CR2 sign their first Digital Business Banking Implementation Project at the Arab Islamic Bank (AIB) – Palestine.

The project will implement CR2’s Digital Banking & Payments Platform for business banking, including Mobile and Internet Banking services. This will enable AIB to enrich their corporate customers’ experience and expand their client base by offering seamlessly integrated, user-friendly digital self-services and business intelligence tools.

The solution will empower the Bank to increase their corporate customer recruitment and retention rates and broaden their reach in the business banking segment across new markets.

“With CR2 Platform, AIB corporate clients will enjoy a set of enhanced banking features like account dashboards, approval workflows and salary file uploads and secure contactless banking.”, announced Mohammad Tahboub, Bayanat President and CEO.

A frontier provider of Digital Transformation solutions for the Financial Sector in Palestine and Jordan, Bayanat consider this project a strategic stepping stone towards a brighter future and a more fruitful journey with their esteemed technology partners – CR2.

About CR2

CR2 is a leader in digital banking and payments. A global Fintech with offices in Dublin, Dubai, Jordan, India and Australia. The business powers over 90 bank implementations across more than 50 countries across the world.

CR2 helps financial service providers to build success around their consumers with technology that supports both customer experience and an ability to deliver with consistency and excellence.

www.cr2.com

About Bayanat

Bayanat, a key player and a major enabler of the Financial Sector Digital Transformation plan in Jordan and the region. Bayanat rich portfolio of FinTech Technologies and Consulting Services puts them on the lead as a preferred technology partner and business enabler for many banks in the region.

In their strive to excel in their role as an international provider of IT Solutions and Services to the Financial Sector in Jordan and the Region, JOPACC are always looking to deploy the latest technologies and best practices to support their ongoing growth and high-standard services.

JOPACC have chosen Bayanat to implement the latest Oracle Fusion Cloud Financial and Procurement Solution, which included the following components:

- Oracle Fusion Enterprise Resource Planning Cloud Services – Financials:
  - Fusion General Ledger
  - Fusion Accounts Payables
  - Fusion Fixed Assets
  - Fusion Cash Management

- Oracle Fusion Procurement Cloud Services
  - Fusion Procurement Cloud Services (Core Purchasing)
  - Fusion Procurement Contract Cloud Services

This project enabled JOPAC to take a significant step towards a more resourceful, integrated and secure Digital Operation with Oracle Cloud Fusion technology on their side, supporting and empowering JOPACC’s vision and customer-centric goals at many levels.  

Bayanat are considered JOPACC technology partner of choice for they always come in with professional consultants, quality services and passion to excellence. Bayanat teams have worked hard and efficiently to guarantee goals achievement through implementing their extensive experience and accelerated service models based on Oracle best practices.

Bayanat has forged a strategic partnership with IDWise, a prominent international provider of Identity Verification and Digital Onboarding solutions. This collaboration aligns with Bayanat's vision of delivering comprehensive Digital Transformation solutions to the banking sector and expanding its reach within the region.

IDWise is an advanced Identity Verification Suite designed for digital disruptors requiring a reliable, user-friendly, and efficient solution for customer onboarding. The platform supports more than 13,000 government-issued ID documents across 200 countries and territories, with a particular focus on emerging markets and non-Latin languages. IDWise leverages cutting-edge AI and Machine Learning technologies to foster trust in the digital economy, prevent fraud, and ensure compliance with local and global regulations. This enhances banks' remote digital customer onboarding processes through dependable document verification, facial recognition, and compliant AML and e-KYC functionalities.

Mohammad Tahboub, CEO and President of Bayanat, said, "IDWise brings a fully automated, AI-driven, highly accurate Digital Onboarding technology that can significantly accelerate customer conversion and reduce abandonment rates for banks." Together, Bayanat and IDWise will offer customers a secure, scalable platform that delivers consistent, accurate, and reliable results, enabling them to stay ahead of fraudsters with improved compliance and agility.

IDWise, a UK-based enterprise with global coverage, has more than 45 years of combined experience in developing identity verification and enterprise-grade fraud prevention systems worldwide.

Bayanat is a key player and major enabler of the Financial Sector Digital Transformation plan in the MENA region. Their rich portfolio of FinTech technologies and consulting services positions them as a preferred technology partner and business enabler for numerous banks in the region.

CrossConcept and Bayanat announce partnership to deliver a world class PSA/PPM solution in the Middle East. The solution provides the ultimate means to streamline the project delivery of different industries.

A new PSA/PPM offering will be added to Bayanat's current line of innovative Digital Transformation Solutions that include Cloud Adoption, Digital Payments, Digital Banking, Analytics, Orchestration and Integration in addition to Bayanat Embrace a specialized SME & Corporate CX Solution.

The new PSA/PPM solution will deliver proven, award winning functionality including proposal management, CRM, project management, project accounting, resource management, and robust business intelligence tools providing real time reports, dashboards, and data visualization in one integrated solution. The solution will help Middle East companies implement best practice project delivery to reduce costs & improve margins.

“We are thrilled to announce our partnership with Bayanat, a highly respected firm in the industry based in the Middle East. At CrossConcept, we take pride in our ability to help clients across Canada, the US, South America, the UK, and India in reducing costs and improving margins. Collaborating with Bayanat to deliver an innovative PSA/PPM solution to their already impressive suite of offerings presents an excellent opportunity to extend our reach and help clients streamline their project delivery in the growing Middle East region. We are excited to work together and provide exceptional value to clients through this exciting new partnership.” Walter Perdigao, Co-Founder & VP of Services, CrossConcept, Inc.

About CrossConcept, Inc.

CrossConcept, Inc. is a Canadian company co-founded in 2010 by Walter Perdigao with engineering professionals who had been developing and implementing solutions for leading professional services automation software vendors since the segment emerged in the 1990's. Using their extensive knowledge, they developed a leading award winning enterprise class ERP project management solution and have clients in Canada, US, South America, and the United Kingdom.

CrossConcept Official Site: https://crossconceptinc.ca

In their continuous pursuit to provide a full spectrum of state-of-the-art FinTech solutions to their customers, Bayanat signs a partnership agreement with CR2, the world-leading vendor within the Digital Banking Platform market in Africa and the Region.

The strategic partnership puts Bayanat on the lead for providing a best-of-breed Digital, Self-Service & Payments Banking solutions that would enable banks to achieve business excellence, optimize service cost and deliver an enhanced customer experience.

“Bayanat are proud to be CR2 partners and representative in Jordan and Palestine, and expect to increase their market share through offering globally recognized solutions that are trusted by renowned banks across the world.” said Mohammad Tahboub, President and CEO of Bayanat.

Built upon a powerful platform, CR2 Digital Banking Solution – BankWorld – equips banks with a comprehensive framework to offer innovative, cost effective and end-to-end omnichannel, digital customer journeys across mobile, internet, self-service and payments. It empowers banks to quickly design and launch new products and services and deliver an enhanced customer experience that drives retention and revenues.

CR2, a leader in digital banking and payments and a global FinTech solutions provider with business powers over 100 banks in 60 countries across the world. CR2 helps financial service providers to build success around their consumers with technology that supports both customer experience and an ability to deliver with consistency and excellence.

Bayanat, a key player and a major enabler of the Financial Sector Digital Transformation plan in Jordan and the region. Bayanat rich portfolio of FinTech Technologies and Consulting Services puts them on the lead as a preferred technology partner and business enabler for many banks in the region.

Bayanat announce a strategic partnership with Feedzai, a key market leader in safeguarding global commerce and the provider of the world’s first RiskOps platform for financial risk management and fraud detection. 

This partnership comes in line with Bayanat long-term commitment to the Financial Sector to always provide the latest and most reliable FinTech solutions that build a better environment to achieve compliance, maximize opportunities and transact in trust.

“With Feedzai solutions enriching our portfolio, Bayanat are actively contributing to the national and regional direction to safeguard the digital commerce and combat financial crime at all levels.” said Mohammad Tahboub, Bayanat President and CEO.

Feedzai RiskOps masters identity, real-time data, and collaboration across teams for pinpoint risk certainty, reduced internal workloads and greater customer trust. With RiskOps, Banks can swiftly detect and mitigate financial crime using the most scalable, agile and coherent architectures for eKYC, AML and Risk Management to deliver an optimal, secure customer experience.

Feedzai, The market leader in fighting financial crime with AI, coding the future of commerce with today’s most advanced risk management platform powered by big data and machine learning. The world’s largest banks, processors, and retailers trust Feedzai to protect trillions of dollars and manage risk while improving the customer experience for everyday users, without compromising privacy.