Oman- Three creative minds win at 'BD TechMind' final event

(MENAFN- Muscat Daily) Muscat- At a high profile event, BankDhofar announced the winners of its innovative first-of-its-kind competition 'BD TechMind'. Held at Sheraton Oman Hotel on December 17, three innovative ideas gleamed at 'BD TechMind' winners announcement event.

'Little Fund' was the first place winning idea with RO5,000, which an idea is aiming at making borrowing easier by adopting latest technologies. The 'Paylink' idea took the second place prize of RO3,000. It is a new interacting payment and fund transfer platform and smart solution for various banking transactions. The third-place RO2,000 winning idea was 'SkyCheque', which is an easier system to verify cheques.

Abdul Hakeem Omar al Ojaili, CEO of BankDhofar, said, 'We are moving towards a digitalised world, and it is crucial to provide fast and instant services. In line with our future smart banking vision, we launched the 'BD TechMind' competition. All the ideas received were outstanding, which tells us that we are heading towards a promising smart future, be it in the banking sector or any other sectors which serve the national economy.'

The event which was attended by Information Technology specialists, heads of IT departments at various organisations and a number of invitees. The event also included a panel discussion with Dr Tariq Taha, AGM and chief information officer, Dr Khalid al Hamadani, head, Learning and Development, and Dr Bader al Manthari, director general of the Information Security Division at ITA. The panelists discussed the idea of BD TechMind competition, and the importance of having such competitions to encourage innovation of youth segment in a way that benefits various sectors.

Dr Taha said, 'We have seen offbeat ideas in the competition. The participants proved that they are capable of coming up with innovative ideas in the field of information technology. Not only that but taking the challenge and developing prototypes. I would like to take this opportunity to congratulate all the shortlisted participants and my hearty congratulations to the top three winners.'

As part of its transformation strategy 'Together 2020', which aims at reaffirming its position as a leading bank in the sultanate and the best in the Gulf, BankDhofar continues to provide the best customer experience, innovative products and creative services that are custom-made to meet the needs and requirements of customers.

A thorough vision of the bank's executive management, a comprehensive operational strategy that revolves around following best international banking practices and providing best customer experience, as well as commitment to community development and contribution to the growth of the national economy, has placed BankDhofar on top of the list of best banks in the region.

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