T + NS – normal size
Abu Dhabi Islamic Bank, the leading Islamic financial services group, in cooperation with the Fintech Hive Accelerator Program of the Dubai International Financial Center, hosted a series of quick networking meetings with a number of promising companies working in the field of financial technology innovation, for the fifth year on straight.
During these meetings, two startup companies in the UAE, and six companies from Egypt, the United States, the United Kingdom, the Czech Republic and Singapore, were introduced to, which presented their offers and innovations, and participated in fruitful bilateral discussions with senior bank officials and experts for digital banking services.
The concepts presented by the start-ups varied between Islamic financial technologies, mobile payments, auxiliary financial services supported by artificial intelligence technologies, financing for small and medium-sized companies, and commercial financing via blockchain technology. Through these meetings, startups seek to have the opportunity to cooperate with ADIB to develop effective solutions that complement its range of advanced digital solutions to enhance the experience of its customers.
Philip King, Global Head of Retail Banking at ADIB, said: “The start-up community today has become one of the most important sources of innovative financial technologies, and they are the companies that are welcomed here in the UAE, where there is a comprehensive and active ecosystem that welcomes start-ups operating in the UAE. The field of financial technology, in addition to the abundant opportunities to establish and launch pioneering and promising companies from here, while the leading international companies in the field of financial technology come here with the aim of cooperating with these emerging companies, and this is the value provided by the networking meetings within the “Fintech Hive” program from the Center Dubai International Finance.
King added: “ADIB seeks to cement its position as the most innovative Islamic bank in the world. Collaborating with leading FinTech companies from the UAE and other markets is an essential part of this strategy, and through these meetings we hope to explore how we can provide these innovative technologies to serve our clients at scale.”
ADIB is one of the main supporters of the Fintech Hive FinTech Accelerator Program launched by the Dubai International Financial Center, with the aim of supporting the growth and development of the comprehensive ecosystem of financial technology innovations in the UAE.
Raja Al Mazrouei, Executive Vice President of Fintech Hive, affiliated with the Dubai International Financial Center Authority, said: “The Fintech Hive FinTech Accelerator program contributes directly to shaping the future of the financial services sector in the UAE.
The program has been able to strengthen its position in the country through the continuous support of partners such as Abu Dhabi Islamic Bank, who are aware of the magnitude of the continuous changes in the market and the need to be open to innovation and technical solutions, to expand and enhance the comprehensive ecosystem of financial technologies. This year, we are proud to meet 8 startup companies and explore their solutions that respond to ADIB’s priorities, and we were pleased to host these quick networking meetings, which provided everyone with the opportunity to meet and share their innovative ideas.”
Abu Dhabi Islamic Bank is working to implement its digital transformation program, to keep pace with the aspirations of its customers, who constitute one of the most active customer bases in the UAE in terms of reliance on digital banking services. The first digital platform of its kind in the world targeting young customers, and the first bank in the UAE to allow the possibility of opening bank accounts remotely based on facial recognition technologies supported by official government agencies.
Follow the economic statement via Google News
Print
Email
Facebook
Twitter
LinkedIn
Pin Interest
Whats App
These were the details of the news ADIB explores opportunities for cooperation with promising international companies in the... for this day. We hope that we have succeeded by giving you the full details and information. To follow all our news, you can subscribe to the alerts system or to one of our different systems to provide you with all that is new.
It is also worth noting that the original news has been published and is available at saudi24news and the editorial team at AlKhaleej Today has confirmed it and it has been modified, and it may have been completely transferred or quoted from it and you can read and follow this news from its main source.
