Archive

Branchless bank

Digital-only banks that do not have an offline branch or presence.

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Banking-as-a-Service (BaaS)

A model where banks allow third parties to integrate with their digital banking services. Also known as white label banking.

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Blockchain

A type of decentralized ledger technology, where information is stored in blocks linked to each other, and secured by an immutable cryptographic signature, or a hash.

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Asset Tokenisation

The process of converting the ownership value of a digital or physical asset into a digital form, or token, stored on a blockchain.

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Aggregator

Platforms that collect information on different players in a sector (such as digital banks or insurance companies) so users can compare them to make an informed purchase decision.

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Abu Dhabi Global Market (ADGM)

Afinancial district and free zone in Abu Dhabi, UAE. The ADGM is also home to the Financial Services Regulatory Authority.

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Altcoin

An umbrella term referring to cryptocurrencies apart from Bitcoin, which is the first cryptocurrency.

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Accelerator

Short-term programs targeted at startups across different stages to help them accelerate certain goals, such as growth or expansion. Typically aimed at companies with at least a minimum viable product.

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Anti-Money Laundering (AML)

Anti-money laundering, referring to a set of practices and regulations to prevent the illegal movement of money.

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API

Application Programming Interface, a code that allows two systems or softwares to interact with each other within a defined set of rules.

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