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Commercial Bank of Dubai (CBD) Joins Dubai FinTech Summit as Strategic Banking Partner

Apr 3, 2024

Commercial Bank of Dubai (CBD) has partnered with the Dubai International Financial Centre (DIFC) to become a Strategic Banking Partner for the Dubai FinTech Summit. This collaboration reinforces the commitment of both Dubai FinTech Summit and CBD to strengthen the global financial ecosystem through innovation and knowledge exchange. The partnership aims to create new opportunities for growth and development within the FinTech sector.

The agreement was signed by key executives from DIFC and Commercial Bank of Dubai, highlighting the dedication of both organizations to support innovative businesses globally. Commercial Bank of Dubai was the pioneer in establishing a Digital Lab at the DIFC Innovation Hub, contributing significantly to the evolution of a technology-driven financial ecosystem. Through initiatives like the Buy Now Pay Later (BNPL) solution by Postpay, the bank actively participates in enhancing the payments sector to boost the FinTech industry's growth.

Arif Amiri, DIFC Authority's Chief Executive Officer, emphasized the importance of partnerships in shaping the finance industry's future. The collaboration with Commercial Bank of Dubai signifies a commitment to fostering a forward-thinking FinTech ecosystem that propels Dubai as a premier business hub. Similarly, Dr. Bernd van Linder, CEO of Commercial Bank of Dubai, expressed enthusiasm for joining the Dubai FinTech Summit 2024 and contributing to the industry's advancement through innovation.

As part of the D33 Agenda to position Dubai as a prominent global financial hub by 2033, the Dubai FinTech Summit aims to promote cross-border collaboration and innovation within the FinTech sector. The upcoming 2nd edition of the summit will convene global leaders, investors, and exhibitors to explore emerging FinTech trends and their impact on financial progress in the MEASA region.

The Dubai FinTech Summit 2024, scheduled for 6-7 May at Madinat Jumeirah, Dubai, will host over 8,000 decision-makers, 300 thought leaders, and 200 exhibitors showcasing cutting-edge technologies. Visitors interested in attending the summit can purchase tickets on the event website.

Overall, the Dubai FinTech Summit signifies a new era of financial innovation and growth, positioning Dubai as a prominent FinTech hub driving industry transformation and investment growth. To register for the event or address further inquiries, attendees can visit the Dubai FinTech Summit website or contact the event organizers directly.

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