Saturday, April 13, 2024
News FlashEmirates NBD seeking fintech partner to boost risk management capabilities

Emirates NBD seeking fintech partner to boost risk management capabilities

Emirates NBD, the parent group of Emirates Islamic, is seeking fintech companies to enhance its risk management and cyber security models.

The banking group is reaching out to fintech companies using its existing partnership with innovation enabler, Plug and Play Abu Dhabi. This follows Emirates Islamic partnership with the platform to drive Islamic banking innovation.

Emirates NBD is seeking fintech companies with solutions to protect customers’ sensitive data and prevent costly data breaches; perform risk assessment for retail clients by leveraging data and new technologies that fit with the regulatory environment and risk appetite, while developing more accurate credit risk models for better and faster lending decisions; and identify and mitigate conduct risks by aggregating different sources of communication and classifying behaviors for a comprehensive and cost-effective approach.

LEAVE A REPLY

Please enter your comment!
Please enter your name here