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https://emiratesnbd.com/en/innovation/fintech-campaigns/difc-fintech-hive/
As the leading banking group in the MENAT region with presence in 13 countries, Emirates NBD services over 14 million customers, businesses, governments, and institutions with a range of financial products and services including retail banking, corporate and institutional banking, Islamic banking, investment banking, private banking, asset management, global markets and treasury, and brokerage operations.
The Group is ranked among the top 20 in the Forbes' list of the World's Best Regarded Companies, securing a leading spot among global brands. As a pioneer of innovation in the region's banking sector, Emirates NBD has always had its finger on the pulse of innovation, looking to experiment and partner with players in the FinTech ecosystem.
Remember what they’re building..
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We are solving a well-regarded challenge in global finance. Over the past decade, the emerging world has come to the fore; as friction in cross border trade has decreased, the ability to pay for that trade has increased. And whilst the market is trying to solve this problem, looking at it through a western prism, it falls short.
Legacy banks tried many years ago, failed, and now don't have the appetite to try again. On the other hand, FinTech's also struggle to solve the problem because they lack custody of their own funds, causing them to bump up against the legacy banks who have the ultimate control over how funds are processed. Pair these perceived downsides and reputations risk with little appetite from shareholders, who are inherently dubious of emerging markets, and you find lack of interface to close trading loop.
As such, the problem is that emerging market finds themselves in-between two ideals, one of trying to globalise whilst at the same time trying to minimise pressure from western global infrastructures. Our mission at Tintra is to navigate down the middle of those two ideals, by building a regulatory framework familiar to the west, but built on a KYC/AML (Know Your Customer/Anti-Money Laundering) framework that's as culturally sensitive to these markets as it is advanced.
Operating as a fast-growth regulatory and financial Deep Tech company, we are building a clearing bank designed solely for emerging markets clients, the first we know to exist, with regulation at the forefront.
I actually went for a dip in the North Sea ( Great Yarmouth ) on Monday. Was delightful
TBH,Ian, if this goes over £5 I might be visiting the Scottish Riviera,but rest assured it will be with Pussy Galore in the passenger seat not you two cronies LOL GL.
TBH
I would even go for a dip in the North Sea if this goes over £5 :-)
Hi Ian,
Still topping up here. Might need a few quid for when I visit the Scottish riviera. Hopefully GB is still good for when I need to thumb a lift in his lambo
Only share i have not top sliced just added. Not lucky enuf to get some at 60's but added at 100p. Holding for news.......GL
Does seem that the bid is jumping up day on day !!..