About a-team Marketing Services
The knowledge platform for the financial technology industry
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: Optimising outsourced infrastructure for trading in fast markets

In fast markets, you must move quickly to identify and fix any problems with latency, systems and algo performance, but what you cannot see you cannot fix. This begs the question of how trading organisations can see, understand and optimise their infrastructure as it interacts with fast markets to ensure optimal trading connectivity. The answer...

BLOG

What an Actimize Sale Might Mean for Surveillance and FinCrime Technology

When news emerged that NICE is preparing to sell its Actimize division – long regarded as one of the most established full-stack platforms for financial crime, fraud, and surveillance – the immediate headlines focused on valuation. With reports suggesting a price in the range of US$1.5–2 billion, the deal would be one of the RegTech...

EVENT

AI in Capital Markets Summit London

Now in its 3rd year, the AI in Capital Markets Summit returns with a focus on the practicalities of onboarding AI enterprise wide for business value creation. Whilst AI offers huge potential to revolutionise capital markets operations many are struggling to move beyond pilot phase to generate substantial value from AI.

GUIDE

Risk & Compliance

The current financial climate has meant that risk management and compliance requirements are never far from the minds of the boards of financial institutions. In order to meet the slew of regulations on the horizon, firms are being compelled to invest in their systems in order to cope with the new requirements. Data management is...