Backbase, a global provider of AI-powered banking technology, has announced the successful deployment of its digital platform at Libyan Islamic Bank (LIB).

This marks Backbase’s first implementation in Libya.

Libyan Islamic Bank, which has adopted a digital-first approach, collaborated with Backbase to establish a customer-centric operating model focused on speed, adaptability, and long-term relevance.

“This is a proud moment for us. With Backbase, we are transforming banking for our customers, bringing financial services closer to them with the convenience, security, and accessibility of world-class digital banking,”

said Mohamed Almabrok, Digital Banking Platform Project Manager at Libyan Islamic Bank.

The bank’s new mobile application introduces a redesigned user experience for everyday banking.

Customers can now access secure logins, monitor real-time transactions, perform internal transfers, and communicate via in-app messaging. Additional features include customer self-service options, instant payments, ATM and branch locators, and an interface designed for ease of use.

As part of the launch, Libyan Islamic Bank also became one of the first financial institutions in the country to integrate with LYPAY, the Central Bank of Libya’s instant payment service, highlighting the platform’s ability to adapt to emerging regulatory and infrastructure requirements.

“The successful launch of Libyan Islamic Bank’s digital platform is setting new standards for digital-first experiences. It reflects the bank’s ability to lead and evolve in Libya’s rapidly changing financial sector,”

said Aymen Daoud, Regional Vice President for Africa at Backbase.

The project was delivered in partnership with OneTech Business Solutions (OTBS), which played a central role in aligning the platform with both the bank’s operational needs and Libya’s regulatory landscape.

The launch represents the first phase of Libyan Islamic Bank’s broader digital transformation efforts.

With the platform now in place, the bank is positioned to expand and modernise its services in line with evolving customer demands.

For Backbase, the project signals a strategic entry into the Libyan market and reinforces its aim of supporting banks with adaptable digital solutions designed to meet local and regional needs.

Featured image credit: Edited by Fintech News Middle East, based on image by Freepik