adgm and temenos announce fintech collaboration
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

ADGM and Temenos announce FinTech collaboration

Arab Today, arab today

Arab Today, arab today ADGM and Temenos announce FinTech collaboration

ADGM and Temenos announce FinTech collaboration
Abu Dhabi - WAM

Abu Dhabi Global Market, ADGM, and Temenos, the software specialist for banking and finance, have announced their intention to collaborate and strengthen FinTech ecosystem in Abu Dhabi, following the unveiling of ADGM’s Innovation Centre at the FinTech Abu Dhabi Summit on 23rd October.

A key aspect of the collaboration will see Temenos provide a sandbox service to the start-ups residing at the Innovation Centre. This sandbox, a non-production cloud-based version of the Temenos core banking system, will enable start-ups to integrate their solutions with banking data and functionality, as well as to test them for scalability and robustness.

Temenos and ADGM will also collaborate on events and other community-building activities. It is envisaged that ADGM would play host to Temenos events, such as the Middle East leg of its global Innovation Jam, while Temenos would provide technical assistance and a sandbox environment to support ADGM events, such as hackathons.

The successful start-ups could join the 'Temenos MarketPlace', its award-winning app store connecting banks and FinTechs.

Commenting on the announcement, Jean-Paul Mergeai, Temenos Managing Director for Middle East and Africa, said, "We are excited to be working with ADGM on its Innovation Centre. We passionately believe in supporting communities around us, in promoting innovation and fintech. The Temenos MarketPlace is founded on the notion that bringing together banks and Fintechs, is a win-win situation and we hope that by working with ADGM we can foster fintech scene in UAE as well as offer a route to market to the most successful start-ups."

Richard Teng, CEO of ADGM’s Financial Services Regulatory Authority, said, "We are thrilled to partner with Temenos in the development of the FinTech ecosystem in the region. As one of the top software specialists in core banking systems serving a rich client network of banks and financial institutions, Temenos brings along a wealth of expertise and an extensive access to banking APIs through its digital sandbox platform. This will enable our RegLab and FinTech firms to collaborate with banks to test and develop innovation in a wide spectrum of financial services that would benefit UAE and the region."

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adgm and temenos announce fintech collaboration adgm and temenos announce fintech collaboration

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

adgm and temenos announce fintech collaboration adgm and temenos announce fintech collaboration

 



GMT 12:47 2016 Thursday ,01 September

'La La Land' musical masterpiece dazzles Venice film fest

GMT 12:42 2017 Monday ,20 February

Dalia al-Behairy begins 'Yawmiyat Zoga Mafrosa'

GMT 19:01 2017 Wednesday ,30 August

Oil prices down as US reels from Harvey

GMT 04:19 2017 Monday ,08 May

National forces attack mercenaries in Taiz

GMT 19:21 2017 Sunday ,07 May

Iranian Film Week opens in Baghdad

GMT 21:33 2017 Sunday ,30 July

Arab Quartet meeting kicks off in Bahrain

GMT 17:17 2016 Friday ,07 October

Aleppo bleeds as US and Russia spar

GMT 12:03 2015 Monday ,21 December

Nepal protester killed in constitutional crisis clash

GMT 09:47 2016 Thursday ,22 December

Trump vows to cut F-35 spending, as leaked memo

GMT 21:44 2017 Friday ,15 December

King establishes Hawar Development Committee

GMT 20:57 2017 Tuesday ,16 May

Naval Forces rescue 23 tourists in Hurghada

GMT 12:56 2017 Monday ,11 December

Lyon leave it late, Balotelli with Nice winner

GMT 06:18 2017 Thursday ,19 October

Russian delegation meets with Julphar chairman

GMT 21:20 2017 Monday ,23 October

Nasr, delegation of London Stock Exchange

GMT 14:40 2012 Saturday ,10 March

Magdy Al-Galad steps down

GMT 09:47 2017 Sunday ,12 March

Cat Camp in New York attracts cat lovers

GMT 14:57 2016 Friday ,09 September

Madonna, Ritchie settle child custody dispute

GMT 23:52 2017 Monday ,18 September

UAE economic growth boosting logistics sector
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday