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Commercial Bank of Dubai (CBD) joins Dubai FinTech Summit as a Strategic Banking Partner

The collaboration reinforces Dubai FinTech Summit and CBD’s shared dedication to strengthen the worldwide monetary ecosystem by means of innovation and data trade. The partnership will open doorways to new alternatives for development and improvement of the fintech sector.

Dubai, U.A.E., April 8, 2024 Commercial Bank of Dubai (CBD), one of the UAE’s main nationwide banks, has joined the Dubai FinTech Summit (DFS), organised by Dubai International Financial Centre (DIFC), the main international monetary centre within the MEASA area, as a Strategic Banking Partner, underscoring its dedication to supporting modern and future considering companies on a international scale. The partnership settlement was signed within the presence of Arif Amiri, Chief Govt Officer and DIFC Authority, and Dr. Bernd van Linder, Chief Govt Officer of Commercial Bank of Dubai, by Mohammad Alblooshi, Chief Govt Officer of DIFC Innovation Hub, and Ali Imran, Chief Working Officer of Commercial Bank of Dubai.

Commercial Bank of Dubai was the primary financial institution to determine a Digital Lab on the DIFC Innovation Hub. Over time, the financial institution has been taking part in a pivotal position within the improvement of a dynamic and technology-driven monetary ecosystem, paving the best way for a smarter, extra linked monetary future. Via strategic applications and initiatives such as the Purchase Now, Pay Later (BNPL) answer by Postpay, CBD has been actively engaged in enhancing the general funds sector geared toward accelerating the expansion of the FinTech business.

“The Dubai FinTech Summit is creating a powerhouse of partnerships bringing together pioneers, thinkers and disruptors from around the globe who are shaping the future of finance. Our collaboration with Commercial Bank of Dubai is a testament to our shared dedication in cultivating an energetic and forward-thinking FinTech ecosystem. It not only amplifies Dubai’s stature as a premier hub for business but also paves the way for us to convert challenges into avenues of opportunity, as we continue to cultivate the most sophisticated, inclusive and tech-savvy financial community on the global stage,” mentioned Arif Amiri, Chief Govt Officer at DIFC Authority

Dr. Bernd van Linder, Chief Govt Officer at Commercial Bank of Dubai, mentioned, “Commercial Bank of Dubai is thrilled to be a part of the Dubai FinTech Summit 2024, a global platform that brings together the brightest minds in the industry to shape the future of finance. Our participation in this event aligns with our commitment to innovation and our vision to be at the forefront of the FinTech revolution. As a forward-thinking bank, we place our customers at the heart of our business, constantly striving to provide them with innovative solutions that meet their evolving needs. We are proud to have signed an MoU as Strategic Banking Partner with Dubai International Finance Centre as part of our sponsorship partnership. We look forward to engaging in insightful discussions and exploring new opportunities for growth and collaboration.”

In step with the D33 Agenda to place Dubai as the highest 4 international monetary hub by 2033, the 2nd version of the Dubai FinTech Summit is designed to encourage cross-border collaboration and innovation, pivotal to reworking the worldwide FinTech sector. It presents a distinctive alternative to discover rising FinTech tendencies and their potential to drive monetary progress within the MEASA area.

The Dubai FinTech Summit, scheduled for Might 6–7, 2024, at Madinat Jumeirah, Dubai, will see an unprecedented gathering of over 8,000 decision-makers, over 300 thought leaders and over 200 exhibitors showcasing cutting-edge applied sciences.

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About Dubai FinTech Summit

Dubai FinTech Summit is an annual mega occasion organised by the Dubai Worldwide Monetary Centre (DIFC), the main international monetary centre within the Center East, Africa and South Asia (MEASA) area. The 2nd version of the Dubai FinTech Summit will deliver collectively over 8,000+ international business leaders, 1,500+ buyers, and policymakers, signaling elevated urge for food for development alternatives within the area.

Dubai FinTech Summit alerts a new wave of monetary innovation, alternative, transformation, and development for the worldwide monetary companies sector. As a rising FinTech hub, Dubai can be spearheading the evolution of the monetary companies business, with investments in FinTech projected to develop by 17.2% CAGR to USD 949 billion from 2022 to 2030. The summit aligns with the Dubai Financial Agenda D33’s strategic purpose of propelling Dubai into the ranks of the highest 4 international monetary hubs by 2033.

The expanded programme of Dubai FinTech Summit is about to exceed expectations by delving into key tracks, together with the longer term of FinTech, embedded and Open Finance, local weather finance, Web3 and digital belongings. The summit stands as a thought leadership-driven platform, addressing business challenges head-on and championing innovation.

To register for the occasion, go to www.dubaifintechsummit.com

Samia Ahmad

Assistant Supervisor, Advertising and marketing

DIFC Innovation Hub

+971529980096

[email protected]

Shadi Dawi

Director of PR & Strategic Partnerships

Trescon International

+971 55 498 4989

[email protected]

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