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Emirates NBD awarded the Best Innovation Centre in the Middle East at The Asian Banker Financial Technology Innovation Middle East and Africa Awards Programme 2019


May 07, 2019 | The Asian Banker
  • This centre pioneered several live projects, facilitated the launch of a digital bank, fintech interaction and innovation culture in the bank
  • Innovative blockchainprojects in reconciliation and cheque security project that reduced frauds by 70%
  • It launched API sandbox with over 200 API in production

Dubai March 21st 2019–Emirates NBD was awarded the Best Innovation Centre in the Middle East at The Asian Banker Financial Technology Innovation Middle East and Africa Awards Programme 2019.The awards ceremony was held in conjunction with The Excellence in Retail Financial Services Convention Conrad Dubai, U.A.E on March 21st2019.

Emirates-NBD-Best-Innovation-Centre

This centre pioneered several live projects, facilitated the launch of a digital bank,fintech interaction and innovation culture in the bank

The bank enabled innovation across its operations through multiple strategic initiatives.Its innovation centre has a dedicated team that works with fintechs and has engaged with about 70 fintech in the last year. It launched a future lab that showcases the emerging futuristic technologies andhas an innovation space where new trials are conductedwhile the bank’s research and development centre completed the technology evaluations and implementations. Through these initiatives the bank successfully implemented several notable initiatives. The centre also works towards educating the employees on emerging technologies and building innovation culture through workshops and training.

Innovative blockchainprojects in reconciliation and cheque security project that reduced frauds by 70%

Cheque chain, a blockchain based security initiative towards...

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