Abu Dhabi Commercial Bank

Xpress Money's Business Solution FLEX Strengthens, Powered by Collaborations With Banks, NBFIs and Online Remittance Players

Retrieved on: 
Monday, October 21, 2019
Remittance, RAKBANK, Abu Dhabi Commercial Bank, Remit, Xpress, Money transfer, Emirates of the United Arab Emirates, Companies, Economy of the United Arab Emirates

Renowned financial institutions like Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai (CBD), Kuwait Finance House (KFH), RAKBANK, World Remit and Ficanex (Canada) use Xpress Money's business solution FLEX to bring new money transfer channels to their customers and expand into new geographies.

Key Points: 
  • Renowned financial institutions like Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai (CBD), Kuwait Finance House (KFH), RAKBANK, World Remit and Ficanex (Canada) use Xpress Money's business solution FLEX to bring new money transfer channels to their customers and expand into new geographies.
  • Xpress Money FLEX , a flexible and compatible solution using a proprietary API, is available to businesses within the financial services and remittance industry with an existing money transfer license.
  • Talking about the FLEX solution, Sudhesh Giriyan, CEO, Xpress Money said, "FLEX has been instrumental in catalysing our growth strategy as we continue to invest in key partnerships globally.
  • Leveraging the potential of the US$689 billion remittance industry (Source: The World Bank), Xpress Money has fostered partnerships with trusted institutions to widen the reach of its remittance solutions.

Xpress Money's Business Solution FLEX Strengthens, Powered by Collaborations With Banks, NBFIs and Online Remittance Players

Retrieved on: 
Monday, October 21, 2019
Remittance, RAKBANK, Abu Dhabi Commercial Bank, Remit, Xpress, Money transfer, Emirates of the United Arab Emirates, Companies, Economy of the United Arab Emirates

Renowned financial institutions like Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai (CBD), Kuwait Finance House (KFH), RAKBANK, World Remit and Ficanex (Canada) use Xpress Money's business solution FLEX to bring new money transfer channels to their customers and expand into new geographies.

Key Points: 
  • Renowned financial institutions like Abu Dhabi Commercial Bank (ADCB), Commercial Bank of Dubai (CBD), Kuwait Finance House (KFH), RAKBANK, World Remit and Ficanex (Canada) use Xpress Money's business solution FLEX to bring new money transfer channels to their customers and expand into new geographies.
  • Xpress Money FLEX , a flexible and compatible solution using a proprietary API, is available to businesses within the financial services and remittance industry with an existing money transfer license.
  • Talking about the FLEX solution, Sudhesh Giriyan, CEO, Xpress Money said, "FLEX has been instrumental in catalysing our growth strategy as we continue to invest in key partnerships globally.
  • Leveraging the potential of the US$689 billion remittance industry (Source: The World Bank), Xpress Money has fostered partnerships with trusted institutions to widen the reach of its remittance solutions.

ADCB launches real time trade finance for customers on dltledgers Blockchain platform

Retrieved on: 
Tuesday, September 3, 2019
Abu Dhabi Commercial Bank, Computing, Blockchain, Information, Digital technology

SINGAPORE, Sept. 3, 2019 /PRNewswire/ -- The UAE's Abu Dhabi Commercial Bank (ADCB) has digitised trade finance for its customers using the Singapore-based dltledgers Blockchain platform.

Key Points: 
  • SINGAPORE, Sept. 3, 2019 /PRNewswire/ -- The UAE's Abu Dhabi Commercial Bank (ADCB) has digitised trade finance for its customers using the Singapore-based dltledgers Blockchain platform.
  • ADCB is the first bank in UAE to run the end-to-end Blockchain trade finance transaction with full document automation through the dltledgers platform, offering corporate customers efficiencies and faster access to cash.
  • Krishnakumar Duraiswamy, ADCB's Group Head of Trade Finance said, "By joining the fastest growing dltledgers Blockchain platform for cross-border trade, the Bank is able to re-imagine trade finance for its customers.
  • Mr Samir Neji from dltledgers said, "We are extremely delighted to work with ADCB to support their trade finance digitisation through the dltledgers platform.

Abu Dhabi Commercial Bank Partners with Silicon Valley's Plug and Play to Join Global Ecosystem of Financial Institutions

Retrieved on: 
Monday, August 5, 2019
Abu Dhabi Commercial Bank, Abu Dhabi Securities Exchange, Economy, Abu Dhabi Global Market, Cities in Asia, Abu Dhabi, Companies

ABU DHABI, United Arab Emirates, Aug. 5, 2019 /PRNewswire/ -- Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play , the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi.

Key Points: 
  • ABU DHABI, United Arab Emirates, Aug. 5, 2019 /PRNewswire/ -- Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play , the largest global innovation platform headquartered in Silicon Valley, and Abu Dhabi Global Market (ADGM), the award-winning international financial centre in Abu Dhabi.
  • Along with 80 other financial institutions across Silicon Valley, New York, Singapore, Tokyo, Paris, and Frankfurt, ADCB will join Plug and Play's global ecosystem, leveraging the platform to support its comprehensive digital transformation strategy.
  • Plug and Play is a global innovation platform that connects startups, corporations, and investors throughout the world.
  • ADCB Group, which is 60.2% owned by the Government of Abu Dhabi through the Abu Dhabi Investment Council, trades on the Abu Dhabi Securities Exchange (ADX) under the ticker of ADCB.

Abu Dhabi Commercial Bank Launches Strands-powered PFM App

Retrieved on: 
Tuesday, February 12, 2019
Abu Dhabi Commercial Bank, Strands, Economy, Abu Dhabi, Financial wellness, Finance, Companies

ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands' technology.

Key Points: 
  • ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands' technology.
  • The MoneyBuddy app helps ADCB customers understand and manage their finances in a smarter and more independent way.
  • Abu Dhabi Commercial Bank is introducing a new way of communicating with its clients, focusing on a transformative user experience and offering their users all the tools they need to get a 360 snapshot of their entire financial world.
  • By working with top-tier financial institutions worldwide and serving more than 600 bank implementations, Strands promotes financial wellness for both individuals and business customers.

Abu Dhabi Commercial Bank Launches Strands-powered PFM App

Retrieved on: 
Tuesday, February 12, 2019
Abu Dhabi Commercial Bank, Strands, Economy, Abu Dhabi, Financial wellness, Finance, Companies

ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands' technology.

Key Points: 
  • ADCB has gone live in the United Arab Emirates with its personal finance management (PFM) application built on Strands' technology.
  • The MoneyBuddy app helps ADCB customers understand and manage their finances in a smarter and more independent way.
  • Abu Dhabi Commercial Bank is introducing a new way of communicating with its clients, focusing on a transformative user experience and offering their users all the tools they need to get a 360 snapshot of their entire financial world.
  • By working with top-tier financial institutions worldwide and serving more than 600 bank implementations, Strands promotes financial wellness for both individuals and business customers.