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DIB announces purchase of anti-money laundering system
Dubai Islamic Bank (DIB) today announced the purchase of an integrated anti-money laundering and compliance solution from Norkom Technologies, a leading provider of financial crime and compliance solutions for the global financial services industry. DIB will implement Norkom's sophisticated suite of solutions across its operations in the United Arab Emirates and Pakistan. This advanced software will enable DIB to monitor and analyse transactions and customer interactions across its entire customer base in order to identify and investigate suspicious and criminal behaviour.