Latest news with #UAB
Mid East Info
6 hours ago
- Business
- Mid East Info
United Arab Bank Partners with Smarbl to Launch RegPRISM, a Cutting-Edge AI-Powered Compliance Platform - Middle East Business News and Information
United Arab Emirates – July 30 , 2025 : United Arab Bank (UAB) has announced a strategic partnership with Smarbl, a leading RegTech and AI innovator, to co-develop and launch RegPRISM, an advanced regulatory intelligence and compliance management platform. This strategic move underscores UAB's commitment to meeting high standards of regulatory compliance, enhancing operational efficiency, and securing its reputation as a technological pioneer in the financial sector. Designed to transform how financial institutions navigate regulatory obligations, RegPRISM leverages the power of artificial intelligence to provide real-time visibility into regulatory changes, enabling UAB to track, extract, interpret and manage actionable obligations efficiently and accurately. This partnership brings together UAB's deep-rooted compliance expertise and commitment to digital transformation with Smarbl's cutting-edge AI capabilities, positioning both organizations at the forefront of compliance automation in the Middle East. Commenting on the partnership, Shirish Bhide, CEO of United Arab Bank said: 'At UAB, we are committed to building a future-ready bank that embraces innovation to meet evolving regulatory and customer expectations. RegPRISM is a game-changer in how we approach compliance, enabling us to proactively manage regulatory changes with speed, accuracy, and confidence. Our collaboration with Smarbl will accelerate the pace of investment in our growth strategy, with a focus on developing innovative products and services and enhancing customer experience, whilst upholding the highest standards of governance and setting new benchmarks for compliance in the UAE.' Commenting on the partnership, Ajay Raju, Co-Founder of Smarbl said: 'Partnering with UAB to launch RegPRISM marks a significant step toward a new standard of AI-driven compliance in the region. By aligning Smarbl's AI and cloud-native architecture with UAB's vision for digital-first governance, the platform translates regulatory change into instant, clear, actionable and workflow-ready intelligence—helping the bank safeguard customers, unlock operational capacity, and set a new compliance benchmark for the UAE. Together we're proving that compliance can be proactive, scalable, and a catalyst for better banking—not just a cost of doing business.' Commenting on the partnership, Zsombor Brommer, Chief Compliance Officer of United Arab Bank said: 'As regulatory frameworks continue to evolve rapidly, financial institutions face increasing pressure to adapt swiftly and effectively. Traditional manual approaches to compliance are resource-intensive and often result in inefficiencies and inconsistencies. UAB is addressing these challenges through RegPRISM, a unified AI-powered platform that continuously monitors regulatory developments, maintains a dynamic regulatory library, and transforms raw regulatory content into structured, contextual workflows.' Utilising advanced technology now plays a vital role in regulatory compliance by streamlining processes, enhancing data management, and improving compliance risk assessment. Collaboration with Smarbl allows UAB to navigate and adopt complex regulations more efficiently and effectively, while reinforcing our commitment to comply with all applicable laws and regulations. By automating end-to-end compliance processes, RegPRISM empowers institutions to mitigate risk, reduce compliance overheads, and stay confidently ahead of regulatory change. – End –
Web Release
a day ago
- Business
- Web Release
United Arab Bank (UAB) and Smarbl leadership teams at the official signing ceremony for their partnership to launch RegPRISM
United Arab Bank (UAB) and Smarbl leadership teams at the official signing ceremony for their partnership to launch RegPRISM
Web Release
2 days ago
- Business
- Web Release
United Arab Bank Partners with Smarbl to Launch RegPRISM, a Cutting-Edge AI-Powered Compliance Platform
United Arab Bank (UAB) has announced a strategic partnership with Smarbl, a leading RegTech and AI innovator, to co-develop and launch RegPRISM, an advanced regulatory intelligence and compliance management platform. This strategic move underscores UAB's commitment to meeting high standards of regulatory compliance, enhancing operational efficiency, and securing its reputation as a technological pioneer in the financial sector. Designed to transform how financial institutions navigate regulatory obligations, RegPRISM leverages the power of artificial intelligence to provide real-time visibility into regulatory changes, enabling UAB to track, extract, interpret and manage actionable obligations efficiently and accurately. This partnership brings together UAB's deep-rooted compliance expertise and commitment to digital transformation with Smarbl's cutting-edge AI capabilities, positioning both organizations at the forefront of compliance automation in the Middle East. Commenting on the partnership, Shirish Bhide, CEO of United Arab Bank said: 'At UAB, we are committed to building a future-ready bank that embraces innovation to meet evolving regulatory and customer expectations. RegPRISM is a game-changer in how we approach compliance, enabling us to proactively manage regulatory changes with speed, accuracy, and confidence. Our collaboration with Smarbl will accelerate the pace of investment in our growth strategy, with a focus on developing innovative products and services and enhancing customer experience, whilst upholding the highest standards of governance and setting new benchmarks for compliance in the UAE.' Commenting on the partnership, Ajay Raju, Co-Founder of Smarbl said: 'Partnering with UAB to launch RegPRISM marks a significant step toward a new standard of AI-driven compliance in the region. By aligning Smarbl's AI and cloud-native architecture with UAB's vision for digital-first governance, the platform translates regulatory change into instant, clear, actionable and workflow-ready intelligence—helping the bank safeguard customers, unlock operational capacity, and set a new compliance benchmark for the UAE. Together we're proving that compliance can be proactive, scalable, and a catalyst for better banking—not just a cost of doing business.' Commenting on the partnership, Zsombor Brommer, Chief Compliance Officer of United Arab Bank said: 'As regulatory frameworks continue to evolve rapidly, financial institutions face increasing pressure to adapt swiftly and effectively. Traditional manual approaches to compliance are resource-intensive and often result in inefficiencies and inconsistencies. UAB is addressing these challenges through RegPRISM, a unified AI-powered platform that continuously monitors regulatory developments, maintains a dynamic regulatory library, and transforms raw regulatory content into structured, contextual workflows.' Utilising advanced technology now plays a vital role in regulatory compliance by streamlining processes, enhancing data management, and improving compliance risk assessment. Collaboration with Smarbl allows UAB to navigate and adopt complex regulations more efficiently and effectively, while reinforcing our commitment to comply with all applicable laws and regulations. By automating end-to-end compliance processes, RegPRISM empowers institutions to mitigate risk, reduce compliance overheads, and stay confidently ahead of regulatory change.
Al Bawaba
2 days ago
- Business
- Al Bawaba
United Arab Bank Partners with Smarbl to Launch RegPRISM, a Cutting-Edge AI-Powered Compliance Platform
United Arab Bank (UAB) has announced a strategic partnership with Smarbl, a leading RegTech and AI innovator, to co-develop and launch RegPRISM, an advanced regulatory intelligence and compliance management strategic move underscores UAB's commitment to meeting high standards of regulatory compliance, enhancing operational efficiency, and securing its reputation as a technological pioneer in the financial to transform how financial institutions navigate regulatory obligations, RegPRISM leverages the power of artificial intelligence to provide real-time visibility into regulatory changes, enabling UAB to track, extract, interpret and manage actionable obligations efficiently and partnership brings together UAB's deep-rooted compliance expertise and commitment to digital transformation with Smarbl's cutting-edge AI capabilities, positioning both organizations at the forefront of compliance automation in the Middle on the partnership, Shirish Bhide, CEO of United Arab Bank said: 'At UAB, we are committed to building a future-ready bank that embraces innovation to meet evolving regulatory and customer expectations. RegPRISM is a game-changer in how we approach compliance, enabling us to proactively manage regulatory changes with speed, accuracy, and confidence. Our collaboration with Smarbl will accelerate the pace of investment in our growth strategy, with a focus on developing innovative products and services and enhancing customer experience, whilst upholding the highest standards of governance and setting new benchmarks for compliance in the UAE.'Commenting on the partnership, Ajay Raju, Co-Founder of Smarbl said: 'Partnering with UAB to launch RegPRISM marks a significant step toward a new standard of AI-driven compliance in the region. By aligning Smarbl's AI and cloud-native architecture with UAB's vision for digital-first governance, the platform translates regulatory change into instant, clear, actionable and workflow-ready intelligence—helping the bank safeguard customers, unlock operational capacity, and set a new compliance benchmark for the UAE. Together we're proving that compliance can be proactive, scalable, and a catalyst for better banking—not just a cost of doing business.'Commenting on the partnership, Zsombor Brommer, Chief Compliance Officer of United Arab Bank said: 'As regulatory frameworks continue to evolve rapidly, financial institutions face increasing pressure to adapt swiftly and effectively. Traditional manual approaches to compliance are resource-intensive and often result in inefficiencies and inconsistencies. UAB is addressing these challenges through RegPRISM, a unified AI-powered platform that continuously monitors regulatory developments, maintains a dynamic regulatory library, and transforms raw regulatory content into structured, contextual workflows.'Utilising advanced technology now plays a vital role in regulatory compliance by streamlining processes, enhancing data management, and improving compliance risk assessment. Collaboration with Smarbl allows UAB to navigate and adopt complex regulations more efficiently and effectively, while reinforcing our commitment to comply with all applicable laws and regulations. By automating end-to-end compliance processes, RegPRISM empowers institutions to mitigate risk, reduce compliance overheads, and stay confidently ahead of regulatory change.
Fintech News ME
6 days ago
- Business
- Fintech News ME
United Arab Bank Partners with Lune for Data-Driven Mobile Banking
United Arab Bank (UAB) has entered into a partnership with Lune, a UAE-based fintech company specialising in AI-driven transaction enrichment and financial data analytics. The collaboration aims to support UAB's upcoming mobile banking platform by enabling data-driven and personalised customer experiences. Through Lune's technology, UAB will convert raw transaction data into clearer financial insights via a simplified interface. The solution is intended to enhance transparency and support customers in making informed financial decisions. Features will include personalised recommendations, contextual offers, and financial planning tools delivered through conversational interfaces. Commenting on the partnership, , Head of Retail Banking at UAB, said: 'While the underlying technologies have existed for some time, we at UAB were not entirely convinced about the maturity of the outcomes, until now. Partnering with Lune, a homegrown fintech with deep expertise in the UAE's payment ecosystem and cutting-edge technologies, gives us confidence in delivering the enriched digital experience our customers expect.' Helal Tariq Lootah, Co-Founder and Co-CEO of Lune, added: 'We're delighted to be working with United Arab Bank. This collaboration reflects our shared commitment to innovation, customer empowerment, and building a stronger, data-driven financial future.' The partnership aligns with UAB's broader digital transformation agenda and its continued efforts to work with fintechs to improve banking services.
