Commercial Bank of Dubai Partners with Dubai FinTech Summit as Strategic Banking Partner

Commercial Bank of Dubai (CBD) 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 Commercial Bank of Dubai (CBD) established the first Digital Lab at the DIFC Innovation Hub, driving innovation in the financial sector. CBD's initiatives, including the Buy Now Pay Later (BNPL) solution by Postpay, contribute to advancing the payments sector and fostering FinTech growth.

Arif Amiri highlighted the collaboration's significance in cultivating a progressive FinTech ecosystem, enhancing Dubai's global business standing.

Dr. Bernd van Linder emphasized CBD's commitment to innovation and customer-centric solutions, reinforcing its role as a leader in the FinTech revolution. CBD's sponsorship partnership with Dubai International Finance Centre aims to foster growth and collaboration, as showcased at the Dubai FinTech Summit 2024.

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.

News Source: Emirates News Agency