Along with 80 other financial institutions across Silicon Valley, New York as well as Singapore, Tokyo and Frankfurt, the Abu Dhabi-based lender will join Plug and Play's global ecosystem, leveraging the platform to support its comprehensive digital transformation strategy.
Tuesday 06, August 2019 BY KUDAKWASHE MUZORIWA
Abu Dhabi Commercial Bank (ADCB) has partnered with Plug and Play to boost the lender’s digital transformation programs.
In a joint statement, the parties said that the partnership kicked off with a successful hackathon at the Abu Dhabi Global Markets (ADGM) Academy earlier last month and unlocks a world of opportunities for ADCB to experiment with numerous fintech propositions as well as enabling new ways of adapting digital transformation.
Siddiqa Abbas, ADCB’s Group Chief Operations Officer, said that the partnership with Plug and Play comes at an exciting time for the UAE’s financial services industry when technology like artificial intelligence, robotics machine learning and data analytics offer many new opportunities.