BankDhofar Wins Excellence in Digital Transformation in Financial Services Award 2026
BankDhofar was awarded the Excellence in Digital Transformation in Financial Services Award 2026 at the Muscat Daily Cyber Security & Cloud Conference and Awards, recently held in Muscat, in recognition of its continuous efforts to enhance its digital banking services and adopt the latest technologies and innovative solutions that improve customer experience and increase operational efficiency.
This achievement reflects the successful execution of the bank’s digital strategy through the launch of a range of advanced digital services and platforms that keep pace with developments in the banking sector and meet the evolving needs of both individual and corporate customers, further reinforcing BankDhofar’s position as a leading institution in digital transformation within the Sultanate of Oman.
BankDhofar reaffirmed its ongoing commitment to advancing secure digital banking services and strengthening its leadership in cybersecurity through its participation in the conference.
Mohammed Ali Al Mahruqi, Head of IT Security Technology Infrastructure at BankDhofar, participated as a speaker alongside a distinguished group of experts and specialists from the banking, cybersecurity, and technology sectors in a panel discussion titled “FinTech Security, Fraud Prevention and Digital Trust.”
The session explored the growing challenges associated with protecting digital financial services amid the rapid adoption of artificial intelligence, instant payment systems, and digital banking platforms. Speakers also discussed strategies for enhancing cyber resilience and maintaining customer trust as financial institutions accelerate their digital transformation initiatives and embrace emerging technologies.
BankDhofar’s participation reflects its growing position as one of Oman’s leading digitally enabled financial institutions, with secure digital infrastructure, cybersecurity, and customer trust forming key pillars of the bank’s digital transformation strategy.
Over the past few years, the bank has made significant investments in developing secure digital banking services through the launch of several innovative initiatives, including the Intilaqa digital account opening application, Dhofar Pay, Samsung Pay, and a dedicated digital banking platform for small and medium-sized enterprises (SMEs). These solutions are supported by advanced security controls designed to protect customer data, secure digital transactions, and ensure the resilience and efficiency of the bank’s technology infrastructure.
As the adoption of digital banking services continues to grow, BankDhofar has further strengthened its fraud prevention capabilities by implementing advanced authentication technologies, digital identity verification solutions, real-time transaction monitoring, and compliance with evolving regulatory and cybersecurity requirements. These measures aim to protect customers against increasingly sophisticated cyber threats while reinforcing confidence in the bank’s digital ecosystem.
Through its participation in industry events and specialized forums, BankDhofar continues to exchange expertise and collaborate with stakeholders across the banking and technology sectors, reaffirming its commitment to promoting cybersecurity excellence, strengthening digital trust, and fostering innovation in support of Oman’s rapidly evolving digital economy.
