Real Time Account Activity Monitoring with Credit/Debit Notification APIs

Corporate clients can leverage Mashreq’s Credit/Debit Notification APIs to send real-time alerts to customers upon the initiation of credit or debit transactions. This functionality mitigates the risk of unauthorized transactions and enhances security, as users are promptly informed of any account activity.

Before implementing these APIs, corporate clients faced significant challenges in managing their financial activities effectively. They experienced delays in transaction notifications, which hindered their ability to detect and respond to unauthorized activity promptly, increasing financial risks. Cash flow management was also inefficient without real-time updates, making liquidity planning difficult and potentially costly. Operationally, companies relied heavily on manual processes to track account activities, which was both time-consuming and prone to errors, leading to higher costs and resource demands. Furthermore, clients lacked transparency into their accounts, creating frustration and diminishing trust in their financial service providers. Introducing this API helped overcome these obstacles by delivering automation, real-time insights, and enhanced security, ultimately streamlining operations and improving client satisfaction.

The implementation of Credit/Debit Notification APIs was significant for corporate clients as it enhanced their financial operations, ensuring more efficient, accurate, and secure management of their financial activities.