DUBAI, Apr 2, 2024 – (ACN Newswire) – Commercial Bank of Dubai (CBD), among the UAE’s prominent nationwide banks, has actually signed up with the Dubai FinTech Summit (DFS), arranged by Dubai International Financial Centre (DIFC), the leading worldwide Financial Centre in the MEASA area, as a Strategic Banking Partner highlighting its devotion to support ingenious and future thinking services on a worldwide scale. The collaboration arrangement was checked in the existence of Arif Amiri, Chief Executive Officer, DIFC Authority and Dr. Bernd van Linder, Chief Executive Officer, Commercial Bank of Dubai, by Mohammad Alblooshi, Chief Executive Officer, DIFC Innovation Hub and Ali Imran, Chief Operating Officer of Commercial Bank of Dubai.
Commercial Bank of Dubai was the very first bank to develop a Digital Lab at the DIFC Innovation Hub. For many years, the bank has actually been playing an essential function in the advancement of a vibrant and technology-driven monetary environment, leading the way for a smarter, more linked monetary future. Through tactical programs and efforts such as the Buy Now Pay Later (BNPL) option by Postpay, CBD has actually been actively participated in boosting the general payments sector targeted at speeding up the development of the FinTech market.
Arif Amiri, Chief Executive Officer at DIFC Authority, stated, “The Dubai FinTech Summit is developing a powerhouse of collaborations combining leaders, thinkers and disruptors from around the world who are forming the future of financing. Our partnership with Commercial Bank of Dubai is a testimony to our shared devotion in cultivating an energetic and forward-thinking FinTech environment. It not just enhances Dubai’s stature as a premier center for company however likewise leads the way for us to transform difficulties into opportunities of chance, as we continue to cultivate the most advanced, inclusive and tech-savvy monetary neighborhood on the international phase.”
Dr. Bernd van Linder, Chief Executive Officer at Commercial Bank of Dubai, stated, “Commercial Bank of Dubai is enjoyed belong of the Dubai FinTech Summit 2024, a worldwide platform that combines the brightest minds in the market to form the future of financing. Our involvement in this occasion lines up with our dedication to development and our vision to be at the leading edge of the FinTech transformation. As a forward-thinking bank, we position our consumers at the heart of our service, continuously aiming to supply them with ingenious services that satisfy their progressing requirements. We are happy to have actually signed an MoU as Strategic Banking Partner with Dubai International Finance Centre as part of our sponsorship collaboration. We anticipate participating in informative conversations and checking out brand-new chances for development and cooperation.”
In line with the D33 Agenda to place Dubai as the leading 4 international monetary center by 2033, the 2nd edition of the Dubai FinTech Summit is created to motivate cross-border partnership and development, critical to changing the international FinTech sector. It provides a distinct chance to check out emerging FinTech patterns and their prospective to drive monetary development in the MEASA area.
