About a-team Marketing Services
The knowledge platform for the financial technology industry

A-Team Insight Briefs

Dubai Banks Launch New KYC Data-Sharing Platform

Subscribe to our newsletter

Dubai International Financial Centre (DIFC), Mashreq Bank and fintech firm Norbloc have teamed up to launch the Middle East region’s first blockchain-based KYC data-sharing consortium. The joint venture, expected to go live in Q1 2020, is designed to facilitate faster, more secure onboarding and exchange of supporting documentation via advanced distributed technologies, including blockchain. Companies will be able to digitally create a single KYC record, which will be authenticated with an electronic ID, to simultaneously share data with multiple financial institutions. The platform will be open to all qualified financial institutions and licencing authorities.

Subscribe to our newsletter

Related content

WEBINAR

Recorded Webinar: Meeting the requirements of the EU’s ESG Disclosure Regulation

The EU Sustainable Finance Disclosure Regulation (SFDR) is central to the European drive towards a sustainable financial market. As such, it is complicated and multi-faceted, and makes rigorous demands on financial firms to source large volumes of ESG data and meet numerous reporting obligations. Key elements of disclosure include sustainability risk, principle adverse impacts, and...

BLOG

Sanctions Data Has Outgrown the Systems Built to Manage It

By Marion Leslie, Head of Financial Information, Executive Board Member, SIX. For as long as anyone in the industry can remember, sanctions in financial instruments representing holdings in sanctioned legal entities have been treated as a very specialist concern. They sat with compliance teams and were largely invisible to day-to-day market activity. The issue is...

EVENT

RegTech Summit New York

Now in its 10th year, the RegTech Summit in New York will bring together the RegTech ecosystem to explore how the North American capital markets financial industry can leverage technology to drive innovation, cut costs and support regulatory change.

GUIDE

The Trading Regulations Handbook

Need to know all the essentials about the regulations impacting trading infrastructure? Welcome to the first edition of our A-Team Trading Regulations Handbook which provides all the essentials about regulations impacting trading operations, data and technology. A-Team’s Trading Regulations Handbook is a great way to see at-a-glance: All the regulations that are impacting trading technology...