Tagged: adib

UAE: Abu Dhabi Islamic Bank to Offer Instant Account Opening for SMEs

Abu Dhabi Islamic Bank (ADIB) has reportedly become the first bank in the UAE to provide small and medium-sized enterprises (SMEs) “with convenient remote account opening services through a mobile app by deploying Emirates Face Recognition (EFR) technology.” This new feature will “allow businesses to… Read More

Abu Dhabi Islamic Bank Introduces ADIB PAY, Region’s First Token Payment Enabled Wearables

Abu Dhabi Islamic Bank (ADIB), a financial institution, announced the launch of the region’s first tokenized, contactless payment methods “through the options of clasp and ring ‘ADIB PAY’, in partnership with token enablement service provider Tappy Technologies and global digital payments leader, Visa.” ADIB Visa… Read More

MENA Region Financial Hubs, the UAE and Qatar, Report Significant Increase in Digital Banking Activities during COVID-19

Abu Dhabi Islamic Bank (ADIB), a leading UAE-based financial institution, reports that it has experienced significantly increased levels of digital banking adoption across its retail and corporate services during H1 2020. As noted in a release, almost 60% of ADIB’s retail clients have been using… Read More

ADGM Signs MoU with Abu Dhabi Islamic Bank, Promotes UAE Fintech Initiatives

Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, partnered with Abu Dhabi Islamic Bank (ADIB), a leading financial institution in the UAE with more than AED 122 billion in assets, to seek opportunities to collaborate and consult on initiatives to promote… Read More

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