Search Results for "Abu Dhabi Islamic Bank (ADIB)"
First Islamic Bank To Go Live on the UAE KYC Blockchain Platform
Abu Dhabi Islamic Bank (ADIB) has become the first Islamic bank to go live on the UAE Know Your Customer Blockchain Platform, a national ecosystem for the exchange of verified KYC data between licensing authorities and financial institutions. Dubai’s Department
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Digital Banking Adoption Soars in the UAE
In the United Arab Emirates (UAE), rapid digital adoption brought about the COVID-19 pandemic has accelerated the continued interest in digital banking solutions, prompting mass adoption of neobanking services as a way to access funds, make transactions and manage personal
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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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These Are the Most Popular Islamic Banks in the MENA Region
According to a new report by Carma, Kuwait Finance House (KFH) is the most popular MENA-based Islamic bank by media presence. The report outlined the top Islamic banks in the MENA region by media visibility and favourability. The report studied
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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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Meet the 7 Winners of the Fintech Abu Dhabi 2020 Innovation Challenge
The Central Bank of the UAE (CBUAE) and Abu Dhabi Global Market (ADGM) have announced the seven winners of the fourth annual FinTech Abu Dhabi Innovation Challenge, one of the flagship initiatives of the FinTech Abu Dhabi event. Following a
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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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UAE Leads the Digital Banking Scene in Middle East
A combination of changing consumer preferences, competition from fintech startups and changing regulations have been forcing banks around the world to develop their digital capabilities. In the Middle East and North Africa (MENA) region, banks are quickly rising to the
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