Commercial Bank of Dubai(CBD) keen to go foster digital innovation

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Commercial Bank of Dubai(CBD): Launch CBD Labs to foster innovation

  • CBD and PwC  sign agreement to foster digital innovation assist and the CBD Labs are set to launch in late October
  • The programme will promote collaboration with FinTech startups and will position CBD to effectively leverage emerging technology as a tool
  • During the yearlong initiative, CBD will look to solve key business problems, improve efficiency, and identify new opportunity areas across all areas of business
  • The project team will evaluate start-ups in specific business areas on the basis of demos and develop proof of concepts (PoCs) for implementation
  • PwC emphasises that CBD  will ensure that an all-inclusive culture of innovation and disruption is fostered throughout the bank
  • The two parties describe as a corporate workspace focused on building a culture of innovation, collaboration and disruption