adgm partners with abu dhabi commercial bank to enhance fintech
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ADGM partners with Abu Dhabi Commercial Bank to enhance FinTech

Arab Today, arab today

Arab Today, arab today ADGM partners with Abu Dhabi Commercial Bank to enhance FinTech

ADGM partners with Abu Dhabi Commercial Bank to enhance FinTech
Abu Dhabi - WAM

Abu Dhabi Global Market, ADGM, together with Abu Dhabi Commercial Bank, ADCB, has announced a new partnership aimed at promoting Fintech and building a vibrant ecosystem in Abu Dhabi and the UAE.

The Memorandum of Understanding, MoU, was signed by Ala’a Eraiqat, Group Chief Executive Officer at ADCB, and Richard Teng, Chief Executive Officer of the Financial Services Regulatory Authority, FSRA, of ADGM. The MoU ensures mutual exchange, consultation and collaboration to build an innovative and competitive environment.

Through this agreement, ADCB aims at partnering with the FSRA on a range of FinTech-related initiatives and activities. This partnership further complements ADGM’s ongoing innovation and FinTech commitment to support entrepreneurs, start-ups and members of the ADGM Regulatory Laboratory, RegLab, a regulatory framework that offers a controlled, supportive environment for FinTech innovators to develop and test their products and services with the regulator.

ADCB and ADGM will also explore and participate in joint innovation projects in the development and application of technologies tackling real business including mobile and e-banking, digital value-added services, the blockchain, flexible platforms such as APIs, automation, and other areas of new technologies. Many high-calibre FinTechs are expected to participate in this journey of creating a leading place to foster innovation in the UAE financial industry.

Commenting on the signing, Richard Teng said, "We are delighted to be collaborating with ADCB, one of the most progressive banking leaders, in areas and on programmes that serve to bolster the financial market further and enhance the Fintech ecosystem in Abu Dhabi. ADGM looks forward to working closely with ADCB to foster an enterprising environment that enables continuous development of innovative solutions that will address the needs of consumers and businesses in Abu Dhabi and regionally. Together, we can grow and strengthen the FinTech offerings and landscape in Abu Dhabi."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adgm partners with abu dhabi commercial bank to enhance fintech adgm partners with abu dhabi commercial bank to enhance fintech

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adgm partners with abu dhabi commercial bank to enhance fintech adgm partners with abu dhabi commercial bank to enhance fintech

 



GMT 16:16 2014 Wednesday ,10 September

Samirah Ibrahim receives Saudi cultural attaché

GMT 09:32 2017 Sunday ,24 September

China confirms will limit oil exports to North Korea

GMT 19:56 2016 Saturday ,17 September

Typhoon Meranti death toll rises to 28

GMT 09:40 2018 Monday ,01 January

OIC Summit opens in Kazakhstan

GMT 06:37 2015 Monday ,07 December

Iran film directors protest colleague's jail term

GMT 18:37 2017 Friday ,25 August

Mental health issues should be prioritized

GMT 04:39 2017 Thursday ,31 August

Trump vows to right 'self-destructive' tax code

GMT 05:29 2017 Tuesday ,22 August

Celebrations across India on 71st Independence Day

GMT 10:54 2017 Wednesday ,11 October

Child obesity grows tenfold since 1975

GMT 02:31 2016 Tuesday ,06 December

Dubai Women Establishment delegation participates

GMT 04:29 2018 Wednesday ,19 September

North and South Korea: Kim and Moon hail new future

GMT 14:18 2013 Monday ,19 August

Newlywed Lebanese couple pose at car bomb site

GMT 11:11 2011 Friday ,12 August

Palestinian university ranks seventh in Arab world

GMT 15:16 2015 Wednesday ,26 August

UAE ambassador attends charity ceremony in Qalubiya

GMT 16:59 2016 Tuesday ,26 July

Hedge funds in new cycle of oil short-selling
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday