Commercial Bank of Dubai (CBD) joins Dubai FinTech Summit as a Strategic Banking Partner
April 02 2024 - 4:53AM
JCN Newswire
Commercial Bank of Dubai (CBD), one of the UAE's leading
national banks, has joined the Dubai FinTech Summit (DFS),
organised by Dubai International Financial Centre (DIFC), the
leading global Financial Centre in the MEASA region, as a Strategic
Banking Partner underscoring its dedication to support innovative
and future thinking businesses on a global scale. The partnership
agreement was signed in the presence 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 first bank to establish a Digital
Lab at the DIFC Innovation Hub. Over the years, the bank has been
playing a pivotal role in the development of a dynamic and
technology-driven financial ecosystem, paving the way for a
smarter, more connected financial future. Through strategic
programs and initiatives such as the Buy Now Pay Later (BNPL)
solution by Postpay, CBD has been actively engaged in enhancing the
overall payments sector aimed at accelerating the growth of the
FinTech industry.
Arif Amiri, Chief Executive Officer at DIFC Authority, said, "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."
Dr. Bernd van Linder, Chief Executive Officer at Commercial Bank of
Dubai, said, "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 line with the D33 Agenda to position Dubai as the top four
global financial hub by 2033, the 2nd edition of the Dubai FinTech
Summit is designed to encourage cross-border collaboration and
innovation, pivotal to transforming the global FinTech sector. It
presents a unique opportunity to explore emerging FinTech trends
and their potential to drive financial progress in the MEASA
region.
The Dubai FinTech Summit, scheduled for 6-7 May 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 technologies.
Visitors can purchase tickets for the Dubai FinTech Summit 2024,
with early bird prices ending soon.
About Dubai FinTech Summit
Dubai FinTech Summit is an annual mega event organised by the Dubai
International Financial Centre (DIFC), the leading global financial
centre in the Middle East, Africa and South Asia (MEASA) region.
The 2nd edition of the Dubai FinTech Summit will bring together
over 8,000+ global industry leaders, 1,500+ investors and policy
makers, signalling increased appetite for growth opportunities in
the region.
Dubai FinTech Summit signals new wave of financial innovation,
opportunity, transformation, and growth for the international
financial services sector. As a rising FinTech hub, Dubai is also
spearheading the evolution of the financial services industry, with
investments in FinTech projected to grow by 17.2% CAGR to USD949
billion from 2022 to 2030. The summit aligns with the Dubai
Economic Agenda D33's strategic goal of propelling Dubai into the
ranks of the top four global financial hubs by 2033.
The expanded programme of Dubai FinTech Summit is set to exceed
expectations by delving into key tracks, including the future of
FinTech, embedded and Open Finance, climate finance, Web3 and
digital assets. The summit stands as a thought leadership-driven
platform, addressing industry challenges head-on and championing
innovation.
To register for the event, visit www.dubaifintechsummit.com.
Visitors can purchase tickets for the Dubai FinTech Summit 2024,
with early bird prices ending soon.
For further enquiries, please contact:
Samia Ahmad
Assistant Manager, Marketing
DIFC Innovation Hub
M: +971529980096
E: samia.ahmad@difc.ae
Shadi Dawi
Director of PR & Strategic Partnerships
Trescon Global
Mob: +971 55 498 4989
shadi@tresconglobal.com
Source: trescon
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