Iranian Bank Makes Foray Into Fintech Sector

To claim a share of Iran’s growing fintech market, Bank Mellat has launched an innovation center to help promote the application of smart technologies in banking.
‘Polwinno’ will offer startups training courses about minor electronic transactions, mobile banking, e-wallets, financial services, e-commerce, artificial intelligence and how to employ the Internet of Things  in the banking sector.
Inaugurated on Saturday, the center will assist domestic fintechs while gradually overhauling the local banking industry by promoting the application of modern technologies, local news website Peivast reported.