Abu Dhabi Commercial Bank (ADCB) has announced its partnership with Plug and Play, the largest global innovation platform headquartered in Silicon Valley.
Along with 80 other financial institutions across the world, ADCB will join Plug and Play’s global ecosystem, leveraging the platform to support its comprehensive Digital Transformation strategy.
Plug and Play is renowned for connecting the best technology start-ups with the world’s largest corporations to boost Digital Transformation programmes. The partnership kicked off with a successful hackathon at the ADGM Academy and unlocks opportunities for ADCB to experiment with numerous Fintech propositions.
Siddiqa Abbas, ADCB’s Group Chief Operations Officer, said: “ADCB is committed to developing innovative products and services that not only help in streamlining processes but also ensure meaningful interventions focused on the customers’ needs and expectations.
“The partnership comes at an exciting time for the UAE’s financial services industry when technology like AI, robotics, Machine Learning and data analytics offer many new opportunities. We look forward to working closely with Plug and Play to explore new ways to improve the bank’s digital capabilities and to drive meaningful innovation that delights customers every step of the way.”
Plug and Play is a global innovation platform that connects start-ups, corporations and investors throughout the world.