Search Results for "Abu Dhabi Islamic Bank"

Abu Dhabi Islamic Bank Launches Amwali, an Islamic Digital Bank for Gen Z

Abu Dhabi Islamic Bank (ADIB) has launched Amwali, the world’s first Islamic digital bank for young people, according to an announcement. The UAE-based Islamic financial institution unveiled a suite of banking products and technology under the Amwali digital bank, for

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UnionPay, Abu Dhabi Islamic Bank to Enable Contactless Payments on NFC Terminals

Card company UnionPay International partners Abu Dhabi Islamic Bank (ADIB) to enable UnionPay card and contactless payment transactions on the bank’s 15,000 near field communications (NFC) terminals in the UAE. As a safer payment method during the COVID-19 pandemic, UnionPay International

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Abu Dhabi Islamic Bank Partners With UAE’s Ministry of Finance for eDirham Cards

Abu Dhabi Islamic Bank (ADIB) announced that it had partnered with UAE’s Ministry of Finance (MoF) to offer a range of third-generation eDirham cards for cashless payment services. eDirham cards offer a smart payment method accepted by more than 5,000

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Abu Dhabi Islamic Bank Launches Direct eFX Execution Platform For Businesses

Abu Dhabi Islamic Bank (ADIB) has launched “ADIB Direct eFX”, a new addition to the business-focused digital banking platform providing a simple solution for clients to secure online foreign exchange rates for international transfers and payments. The platform allows clients

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Abu Dhabi Islamic Bank Starts with Samsung Pay for Visa Covered Cardholders

Abu Dhabi Islamic Bank (ADIB) has announced the launch of Samsung Pay, the mobile payment and digital wallet service for Samsung devices, for its Visa covered cardholders. Samsung Pay is the first mobile wallet system to be adopted by ADIB.

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Abu Dhabi Islamic Bank Joins Trade Finance e-Marketplace

Abu Dhabi Islamic Bank announced that it signed on to be part of TradeAssets, a trade finance e-marketplace headquartered in UAE. By being part of this fintech platform Abu Dhabi Islamic Bank will be able to use TradeAsset to automate

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Fintech Digest: Will Mobile Money Shake Up Nigeria’s Banking Industry?

MTN Nigeria and Airtel Africa had a substantial win in Nigeria last week, after the two mobile money players won conditional approval from the Central Bank of Nigeria to offer mobile banking services. MTN Nigeria and Airtel Africa still have

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Edfundo Is the Newest Youth Neobank in the UAE

Edfundo, a youth-focused neobank, will be launching in the UAE early next year, according to a statement from the company. Edfundo is a tween and teen-focused smart money management app built by UAE-based teachers and co-founder CEO Simon Wing and

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Is Branch Banking a Thing of the Past in the UAE? – Fintech Surge 2021

The death of branch and traditional banking was a top theme at the Digital Banking Summit – Fintech Surge 2021. Held at Dubai World Trade Centre, the conference saw a number of panels featuring founders, executives, regulators and fintech experts,

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6 UAE Digital Banks to Watch Out For

Digital banking is becoming increasingly competitive in the UAE, with new players, new banking models, and an eager market. Studies indicate that 72% of UAE residents use digital banking services at least once a week, with nearly a fourth using

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