Given the developing situation around the Coronavirus – COVID-19 outbreak, the safety and wellbeing of our customers, our employees and the community, remains our top priority, as we put our Bank-wide precautionary measures into action. In accordance with the UAE government directives, and following global guidelines, Emirates NBD has rolled out its proactive business resilience and continuity plan.

The precautionary measures we have implemented include, but are not limited to the following:

Daon, a global leader in biometric identity technology, today announced that it will deliver onboarding and mobile biometric authentication solutions to TONIK Digital Bank Inc (TONIK), the first digital-only bank in Southeast Asia.

VibePay, the social payments app, is today rolling out a new way for users to request payments from anyone, not just their contacts, directly from their secure bank account. This will eliminate payment processing fees for online sellers and speed up the time they get paid from days to just seconds.

The number of ‘social sellers’, people who sell online through sites like Depop, Ebay or Gumtree, is growing fast – the second-hand resale market is expected to reach $51billion in the next five years¹.

Vanceo™ Mortgage, an automated loan processing system offered by Wolters Kluwer’s Compliance Solutions business, has earned two major industry awards from HousingWire and MReport magazines. MReport selected Wolters Kluwer as a winner of its Top 25 Fintech Innovators 2020 Award for Vanceo Mortgage, while the so

DriveWealth, LLC,  a U.S. based leader in global digital trading technology, announced today a new partnership with Wealthface LLC, an innovative UAE-based wealth management company and online investment platform. The agreement marks DriveWealth’s first initiative in the Middle East and North Africa (MENA) region, bringing the firm’s technology and brokerage execution services to one of the region’s first investment robo-advisors.

 Leading customer onboarding and KYC technology firm, HooYu, has been deployed by mobile crypto and fiat specialist Baanx. The HooYu Identify KYC journey has been selected to provide identity verification for the onboarding of new customers.  

Acronis, a global leader in cyber protection, announced today that in response to the current coronavirus pandemic, it is making Acronis Cyber Files Cloud, the company’s secure, enterprise-grade file sync and share solution, free to all service providers through 31 July, 2020, so they can help their clients quickly transition to working remot

Iwoca, one of Europe’s largest business lenders has today announced OpenLending, the new platform that – for the first time – can unify fintechs and banks to extend iwoca’s lending capabilities to over two million UK businesses.

Japan is the world’s third-biggest economy. Its GDP per capita is just under USD 40,000, according to GDP per capita (current USD) - Japan, World. The World Bank. That’s almost four times the global average. The average Japanese consumer spends USD 1,666 a year with ecommerce merchants. And the Japanese ecommerce market, already worth over USD 160 billion, is growing by an impressive 9% a year, according to internal PPRO research.

Travelex notes today’s announcement released by Finablr, its indirect parent company, regarding their appointment of an accounting firm to advise on maximizing value in the Finablr Group.

Travelex reaffirms that it continues to take decisions, with input from PwC and supported by its other external advisors, regarding the operation of its business in the interests of all relevant stakeholders. Travelex notes that it has maintained a legal and financing structure within the Finablr Group that is capable of operating separately, on a stand-alone basis.