Latest news with #FinTechWorldCup
Hi Dubai
13-05-2025
- Business
- Hi Dubai
Dubai FinTech Summit Opens with Global Focus on Innovation and Financial Transformation
Dubai launched the third edition of the Dubai FinTech Summit today, bringing together over 9,000 participants from 120 countries under the theme 'FinTech for All.' Held at Madinat Jumeirah and organised by the Dubai International Financial Centre (DIFC), the event aims to position the emirate as a global hub for financial innovation. Under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the two-day summit was inaugurated in the presence of His Highness Sheikh Ahmed bin Saeed Al Maktoum, reinforcing the UAE's growing reputation as a leading FinTech centre. The event draws more than 1,000 investors, 300 speakers, and 200 exhibitors, highlighting Dubai's appeal as a business-friendly, tech-forward environment. Dedicated start-up and country pavilions, along with the FinTech World Cup, provide a global stage for emerging solutions. Strategic discussions are being held on key trends like AI integration, sustainability, and the evolving role of digital finance. DIFC also unveiled its first Future of Finance report, showcasing the transformative impact of AI and FinTech on traditional financial models. The report identifies major opportunities in digital banking, cloud-based infrastructure, and hybrid product development. During his opening remarks, DIFC Governor Essa Kazim announced the Dubai Future Finance Week, scheduled to debut in 2026, which will consolidate major financial events under one global platform. It is expected to attract over 40,000 participants. Dubai's FinTech ecosystem has expanded rapidly, with over 1,300 AI and innovation firms from 63 countries now based in DIFC. Start-ups have raised more than $4 billion globally, strengthening Dubai's position among the top five global FinTech centres. The summit continues tomorrow with more high-level sessions featuring global financial and regulatory leaders. News Source: Dubai Media Office
Hi Dubai
08-05-2025
- Business
- Hi Dubai
Emirates NBD to drive innovation as Premium Banking Partner at Dubai FinTech Summit 2025
Emirates NBD to unveil a new report looking at industry trends and emerging technologies across the FinTech landscape, offering industry-leading insights into leading innovations in the sector Ongoing partnership underscores Emirates NBD's position as a key player and innovator in the regional FinTech ecosystem Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, today announced its participation in Dubai FinTech Summit 2025 as the Premium Banking Partner. This ongoing partnership underscores Emirates NBD's position as a key player and innovator in the regional FinTech ecosystem, reflecting its unwavering commitment to advancing innovation and shaping the future of finance. Held under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, and President of Dubai International Financial Centre, the Dubai FinTech Summit 2025 will take place on 12-13 May at Madinat Jumeirah, Dubai. Organised by the Dubai International Financial Centre (DIFC), the summit will feature global leaders, innovators and policymakers who will share insights and transformative ideas, heralding a new era in the FinTech industry. During the summit, Emirates NBD will unveil a new FinTech landscape report showcasing how Emirates NBD is using AI and innovation to help shape the UAE's FinTech landscape, focusing on industry trends and emerging technologies. The report will offer valuable insights into Emirates NBD's experiences and successes with FinTechs and strategic partners to accelerate and de-risk innovation for positive business outcomes. As Premium Banking Partner of the event, Emirates NBD will have an extensive stand with a packed agenda of events taking place, including; live podcasts and panel sessions with industry and Emirates NBD internal expert guests, Channel 4 Radio hosts broadcasting live on stand, the FinTech World Cup finale taking place on day two of the event and featuring a member of the third cohort of the National Digital Talent Incubator (NDTI)® program and finally, the main stage panels and fireside chats with Emirates NBD senior leaders. The bank will also sign significant Memorandums of Understanding (MoUs) with leading FinTech companies at the event, further solidifying its commitment to collaboration and innovation. Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, said: Emirates NBD is committed to fostering innovation by nurturing a dynamic FinTech ecosystem and shaping the future of finance through strategic partnerships and cutting-edge solutions. Our participation in Dubai FinTech Summit 2025 as the Premium Banking Partner highlights our commitment to spearheading FinTech innovation through collaboration with the stakeholders, including accelerators and startups, while consistently delivering exceptional value to our customers. 2024 partnerships Building on the success of its participation in the summit in 2024, Emirates NBD continues to leverage strategic partnerships to enhance its offerings and contribute to the growth of the FinTech industry. Last year, the bank signed several MoUs, including: Chainalysis joins Emirates NBD's Digital Asset Lab: Chainalysis, a leading blockchain data platform, joined Emirates NBD's Digital Asset Lab to enhance security, compliance, and innovation in the digital asset space. The Digital Asset Lab, announced during the 2023 Dubai FinTech Summit, serves as a hub for accelerating cutting-edge solutions and innovations. Chainalysis, a leading blockchain data platform, joined Emirates NBD's Digital Asset Lab to enhance security, compliance, and innovation in the digital asset space. The Digital Asset Lab, announced during the 2023 Dubai FinTech Summit, serves as a hub for accelerating cutting-edge solutions and innovations. Collaboration with NIUM for cross border payments: This collaboration with NIUM, a global payments platform, has enabled Emirates NBD to offer seamless, instantaneous cross-border transfers between the UAE and the world. This collaboration with NIUM, a global payments platform, has enabled Emirates NBD to offer seamless, instantaneous cross-border transfers between the UAE and the world. Partnership with NewBridge: Emirates NBD Capital partnered with NewBridge, focusing on effectively addressing multiple friction points endemic to the current loan market structure. This partnership aligns with Emirates NBD's collaborative approach to innovation. At the upcoming 2025 event, Emirates NBD will be announcing further strategic partnerships and sign MoUs with leading FinTech innovators. Held under the theme 'FinTech for All', the third edition of Dubai FinTech Summit is expected to draw over 8,000 attendees and 300 speakers from more than 100 countries, and over 1,000 investors alongside top decision makers, thought leaders and experts. News Source: Burson
Mid East Info
07-05-2025
- Business
- Mid East Info
Emirates NBD to drive innovation as Premium Banking Partner at Dubai FinTech Summit 2025 - Middle East Business News and Information
Emirates NBD to unveil a new report looking at industry trends and emerging technologies across the FinTech landscape, offering industry leading insights into leading innovations in the sector Ongoing partnership underscores Emirates NBD's position as a key player and innovator in the regional FinTech ecosystem Dubai, UAE,May 2025 – Emirates NBD, a leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, today announced its participation in Dubai FinTech Summit 2025 as the Premium Banking Partner. This ongoing partnership underscores Emirates NBD's position as a key player and innovator in the regional FinTech ecosystem, reflecting its unwavering commitment to advancing innovation and shaping the future of finance. Held under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, and President of Dubai International Financial Centre, the Dubai FinTech Summit 2025 will take place on 12-13 May at Madinat Jumeirah, Dubai. Organised by the Dubai International Financial Centre (DIFC), the summit will feature global leaders, innovators and policymakers who will share insights and transformative ideas, heralding a new era in the FinTech industry. During the summit, Emirates NBD will unveil a new FinTech landscape report showcasing how Emirates NBD is using AI and innovation to help shape the UAE's FinTech landscape, focusing on industry trends and emerging technologies. The report will offer valuable insights into Emirates NBD's experiences and successes with FinTech's and strategic partners to accelerate and de-risk innovation for positive business outcomes. As Premium Banking Partner of the event, Emirates NBD will have an extensive stand with a packed agenda of events taking place, including; live podcasts and panel sessions with industry and Emirates NBD internal expert guests, Channel 4 Radio hosts broadcasting live on stand, the FinTech World Cup finale taking place on day two of the event and featuring a member of the third cohort of the National Digital Talent Incubator (NDTI)® program and finally, the main stage panels and fireside chats with Emirates NBD senior leaders. The bank will also sign significant Memorandums of Understanding (MoUs) with leading FinTech companies at the event, further solidifying its commitment to collaboration and innovation. Marwan Hadi, Group Head of Retail Banking and Wealth Management at Emirates NBD, said: 'Emirates NBD is committed to fostering innovation by nurturing a dynamic FinTech ecosystem and shaping the future of finance through strategic partnerships and cutting-edge solutions. Our participation in Dubai FinTech Summit 2025 as the Premium Banking Partner highlights our commitment to spearheading FinTech innovation through collaboration with the stakeholders, including accelerators and startups, while consistently delivering exceptional value to our customers.' 2024 partnerships: Building on the success of its participation in the summit in 2024, Emirates NBD continues to leverage strategic partnerships to enhance its offerings and contribute to the growth of the FinTech industry. Last year, the bank signed several MoUs, including: Chainalysis joins Emirates NBD's Digital Asset Lab: Chainalysis, a leading blockchain data platform, joined Emirates NBD's Digital Asset Lab to enhance security, compliance, and innovation in the digital asset space. The Digital Asset Lab, announced during the 2023 Dubai FinTech Summit, serves as a hub for accelerating cutting-edge solutions and innovations. Collaboration with NIUM for cross border payments: This collaboration with NIUM, a global payments platform, has enabled Emirates NBD to offer seamless, instantaneous cross-border transfers between the UAE and the world. Partnership with NewBridge: Emirates NBD Capital partnered with NewBridge, focusing on effectively addressing multiple friction points endemic to the current loan market structure. This partnership aligns with Emirates NBD's collaborative approach to innovation. At the upcoming 2025 event, Emirates NBD will be announcing further strategic partnerships and sign MoUs with leading FinTech innovators. Held under the theme 'FinTech for All', the third edition of Dubai FinTech Summit is expected to draw over 8,000 attendees and 300 speakers from more than 100 countries, and over 1,000 investors alongside top decision makers, thought leaders and experts. About Emirates NBD: Emirates NBD (DFM: Emirates NBD) is a leading banking group in the MENAT (Middle East, North Africa and Türkiye) region with a presence in 13 countries, serving over 9 million active customers. As at 31st March 2025, total assets were AED 1 trillion, (equivalent to approx. USD 272 billion). The Group has operations in the UAE, Egypt, India, Türkiye, the Kingdom of Saudi Arabia, Singapore, the United Kingdom, Austria, Germany, Russia and Bahrain and representative offices in China and Indonesia with a total of 839 branches and 4,539 ATMs / SDMs. Emirates NBD is the leading financial services brand in the UAE with a Brand value of USD 4.54 billion. Emirates NBD Group serves its customers (individuals, businesses, governments, and institutions) and helps them realise their financial objectives through a range of banking products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations. The Group is a key participant in the global digital banking industry with 97% of all financial transactions and requests conducted outside of its branches. The Group also operates Liv, the lifestyle digital bank by Emirates NBD, with close to half a million users, it continues to be the fastest-growing bank in the region. Emirates NBD contributes to the construction of a sustainable future as an active participant and supporter of the UAE's main development and sustainability initiatives, including financial wellness and the inclusion of people of determination. Emirates NBD is committed to supporting the UAE's Year of Sustainability as Principal Banking Partner of COP28 and an early supporter to the Dubai Can sustainability initiative, a city-wide initiative aimed to reduce use of single-use plastic bottled water.
Hi Dubai
14-04-2025
- Business
- Hi Dubai
Dubai FinTech Summit 2025 to Spotlight Global Innovation and Inclusive Finance
Dubai is gearing up to host the third edition of the Dubai FinTech Summit on 12 and 13 May 2025, under the theme 'FinTech for All', at Madinat Jumeirah. Organised by the Dubai International Financial Centre (DIFC) and held under the patronage of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the event underscores Dubai's growing influence as a global financial powerhouse. The Summit will welcome over 8,000 participants, 300 speakers, 1,000+ investors, and attendees from more than 100 countries, positioning it as a key global forum for FinTech innovation. In line with the Dubai Economic Agenda D33, the event reinforces Dubai's ambition to become one of the world's top four financial centres by 2033. The agenda will delve into transformative themes including AI-driven financial services, blockchain advancements, digital banking, regulatory compliance, and cross-border investment trends. The Summit will also feature the FinTech World Cup, offering start-ups a chance to pitch to global investors, and dedicated pavilions for countries and companies to showcase cutting-edge solutions. Notable speakers include Marko Primorac (Croatia), Gilles Roth (Luxembourg), Timothy Adams (IIF, USA), Tony O. Elumelu (Nigeria), and Vijay Shekhar Sharma (India). Additionally, the Future Sustainability Forum will be integrated for the first time, reflecting the Summit's focus on accessibility and inclusivity. Essa Kazim, Governor of DIFC, highlighted Dubai's role in fostering FinTech excellence and attracting global talent, while strategic partners such as Emirates NBD, Commercial Bank of Dubai, and Alibaba Cloud further reinforce the Summit's stature. As global FinTech revenues are projected to hit $1.5 trillion by 2030, the Dubai FinTech Summit 2025 is poised to shape the future of finance. News Source: Emirates News Agency
