Emirates NBD, a leading banking group in the Middle East, North Africa and Turkey (MENAT) region, is expanding its partnership with innovation enabler Plug and Play Abu Dhabi, calling for fintechs that can provide propositions that enhance the bank’s risk management and cyber security models.
Using Plug and Play Abu Dhabi’s global network, Emirates NBD aims to extend its fintech collaboration footprint to a much wider reach of technology players worldwide. The firms aim to achieve these aims with a new fintech accelerator program.
The continuing partnership will now focus on supporting the requirements of the Emirates NBD Group Risk Department as it looks for innovators in three key areas:
- Cyber Security Risk – Develop new propositions to protect customer data and prevent data breaches.
- Credit Risk – 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.
- Conduct Risk – Develop solutions to identify and mitigate conduct risks by aggregating different sources of communication and classifying…
